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Old 05-13-2008, 11:48 AM   #31 (permalink)
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I manage all bills but I use my husband's income to pay. I pay my money to my rent. I use my husband's money for foods, gas, others.
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Old 05-13-2008, 12:05 PM   #32 (permalink)
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When two people get married , they SHOULD share everything and that includes money... If two people are not willing to share, and to communicate, then don't get married... My ex wife was terrible with money and bouncing checks.. My second wife is great!!! We discuss the bills and make decisions together... Like a married couple should.. " the love of money is the root of all evil.. " money destroys more marriages than ANYTHING else and it is sad...
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Old 05-13-2008, 12:18 PM   #33 (permalink)
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you're correct. And i shall be your personal account.

and even nosey on what you spend on these. oh my my! you brought new car?!? This car waste more gas! blah blah blah nag nag nag
And that's a good reason for not re-marrying!
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Old 05-13-2008, 01:39 PM   #34 (permalink)
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I prefer joint account. Makes it lot easier. It's all about teamwork. One can do half of other chores, other can do other half. So if one of them is good with money, then he/she should deal with bills. My dad makes money but he's bad with paying bills. My mom handles it all. If my future wife wants separate account, fine by me. I don't see any problem with that as long as the bills are being paid.

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the love of money is the root of all evil.. " money destroys more marriages than ANYTHING else and it is sad...
That's why I want to sign pre-nup
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Old 05-16-2008, 10:12 PM   #35 (permalink)
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When two people get married , they SHOULD share everything and that includes money... If two people are not willing to share, and to communicate, then don't get married... My ex wife was terrible with money and bouncing checks.. My second wife is great!!! We discuss the bills and make decisions together... Like a married couple should.. " the love of money is the root of all evil.. " money destroys more marriages than ANYTHING else and it is sad...
did joint account in my first marriage and caused more headaches. Now, I am not doing that in my 2nd marriage and boy, the peace of mind is so GREAT!

Everyone is different..but nobody should have to get a joint account because others say so. It is nobody else's business to tell what other people SHOULD do in their marriage.
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Old 05-17-2008, 10:32 AM   #36 (permalink)
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did joint account in my first marriage and caused more headaches. Now, I am not doing that in my 2nd marriage and boy, the peace of mind is so GREAT!

Everyone is different..but nobody should have to get a joint account because others say so. It is nobody else's business to tell what other people SHOULD do in their marriage.
i agree with your post that no one should tell you what to do in your marriage. it is your choice so be it. others should respected you in that area.

if they dont like it then they can go to hell!
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Old 05-17-2008, 11:41 AM   #37 (permalink)
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Good to have separate accounts. Speaking from experience, too. Whatever y'all can handle.

Read Suze Orman's books for financial advice - Money Book for the young, fab and broke. Women and Money. suzeorman.com
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Old 07-24-2008, 12:57 PM   #38 (permalink)
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I agree with Shel and a few others in this thread about not having a joint account. Too much hassle. I had a joint bank account with a guy to pay for the boat we had together---but even that wasn't too smooth becuase he liked to spend, spend, spend.

There's a lot of trust in having separate accounts and communicating what needs to be paid, and whose money is paid out, etc. It's really easy when the rent, anything with interest, ultities get paid boom, boom when one partner paid the rent in full, the other partner covers the rest of the bills up to a point, then find the money whoever has the money to pay.... Less stress when the major bills get paid fast, early in the month. Even the kids have their accounts where I try to save money for them.....

Bottom line, whatever works the best; to each his and her own....
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Old 07-24-2008, 01:04 PM   #39 (permalink)
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I'm married now. I already got a Marriage Certificated proven. I changed my last name through Social Security Card, New Identification, New Debit/Atm Card with my new last name. I haven't change my last name through personal check yet. Because I have plenty of check No. left. I will get a new personal check next month. We have 3 accounts now. One for my bank, one for my husband's, one for both us. I don't like to joint his account all together. I rather 3 accounts. I love my new last name!
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Old 07-24-2008, 01:29 PM   #40 (permalink)
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We discuss the bills and make decisions together...
True, my hubby & I join same bank account together. Our wage slips and children support benefit go to our bank account. The bank transfer the bills, insurances, house mortages, saving, pocket money to my boys´ bank accounts, etc for us with no complication. We only go to bank to get money for foods, drinks, outing, etc, that´s it. We discuss together what we need something before order or buy...
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Old 07-27-2008, 12:03 AM   #41 (permalink)
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Hello. If you have a computer and Microsoft Excel, then start using it for managing your finances. It will help you to track your budget and free of worry.
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Old 07-27-2008, 12:31 AM   #42 (permalink)
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If I was married, I would have my wife's name on my bank account... but I would also prefer her to get her own bank account with my name on hers as well. That will be for emergency purposes.

I'll use my account for my own thing and she'll use her own account for her own thing. If she decided to buy me a gift as a surprise, I won't know about it. If she wants to buy something with her hard-earned money, be my guest... it's her money.
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Old 07-27-2008, 03:56 AM   #43 (permalink)
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Actually, married couple and non-married couple, the best way to do is either they share money or pay 50 percents of income on bills not both couple pay half of what bills. That's because how much couple making a year. For example,

Husband makes $52k a year or $1k a week
Wife makes $26 k a year or $500 a week

Men have a huge advantage because there is no worry since he has plenty of money to buy whatever he wants and wife has always worried and not enough money to buy whatever she wants and sometimes not enough money to pay some bills too. If they pay half which is no based on income

So, how it works if both pay half based on income?

Rent $2k a month
Husband should be paying $1,300 and wife should be paying $700 (50 percents based on income) to keep balance couple which is no worry, and buy whatever they want because both have plenty of money.

I will find out how it works. My uncle and his wife, my mom and stepfather are doing this and they are doing great. however my brother and his wife did it for a few years but stopped it because his wife got a better job and great salary that almost as same as my brother makes. So they pay in half.
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Old 07-28-2008, 02:01 AM   #44 (permalink)
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Quote:
Originally Posted by DefMATRIXense View Post
Actually, married couple and non-married couple, the best way to do is either they share money or pay 50 percents of income on bills not both couple pay half of what bills. That's because how much couple making a year. For example,

Husband makes $52k a year or $1k a week
Wife makes $26 k a year or $500 a week

Men have a huge advantage because there is no worry since he has plenty of money to buy whatever he wants and wife has always worried and not enough money to buy whatever she wants and sometimes not enough money to pay some bills too. If they pay half which is no based on income

So, how it works if both pay half based on income?

Rent $2k a month
Husband should be paying $1,300 and wife should be paying $700 (50 percents based on income) to keep balance couple which is no worry, and buy whatever they want because both have plenty of money.

I will find out how it works. My uncle and his wife, my mom and stepfather are doing this and they are doing great. however my brother and his wife did it for a few years but stopped it because his wife got a better job and great salary that almost as same as my brother makes. So they pay in half.
That makes sense. I know a few people who do that.
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Old 07-30-2008, 04:40 PM   #45 (permalink)
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Well marriage should be based on committment and trust in each other right ? So, put it into practice...
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Old 07-30-2008, 04:57 PM   #46 (permalink)
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I believe, It wouldn't matter if a married couple have a joint account or not. It is all about sharing things together and of course, if they were to have a joint account - it is always imperative to communicate to let each other know how much they've spent or charged on the account in order to keep track of their finances.

It is entirely up to the couple if they wish to have a separate account or a joint account. Even though, in either way, acknowledging things makes it easier as well.
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Old 07-30-2008, 05:59 PM   #47 (permalink)
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just let it make each other's life make easier and sense.
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