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Married women and their money


missmuffet

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7 minutes ago, ayin jade said:

It fosters the idea of separateness instead of oneness within the marriage. 

Agreed jade, I even hate to look this picture.  

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1 hour ago, missmuffet said:

So how should a married couple handle their financial situations?

1. Should they have a joint account and everything they earn go into the same account?

2. Should they have separate accounts and what is his is his and what is hers is hers?

3. Who should pay the bills?

4. What if you have a spender and the other more frugal?

On of the biggest problems in a marriage is money.

marriage.jpg

So much depends on the couple's situation.

When my husband and I first got married (over 30 years ago) we were both working full-time, so each kept our individual bank accounts and had an agreement as to who paid for what.

After a few years, we had to move to a much more expensive area and I stopped working full-time. At this point we sat down and had to work out how we were going to make ends meet. Because by then we knew each other's financial habits, we were able to decide on what was best for us: I was easily the best 'accountant' of the two of us, so we merged our bank accounts into one and I managed it. This system has worked so well for us that we have never changed it. Our salaries are pooled but we each have a monthly allowance that we can spend on whatever we like without having to justify it to the other. 

It was a good solution for us but wouldn't necessarily work for everyone. 

I agree that in a Christian marriage you share everything, but that doesn't have to mean a joint bank account straight away. I don't think you can make a rule about it.

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21 minutes ago, ayin jade said:

It fosters the idea of separateness instead of oneness within the marriage. 

That is correct.

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5 minutes ago, Rick_Parker said:

My experience is what is hers is hers and what is mine is hers. :laugh:

In my opinion that is the way it should be Rick.

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There are people who marry someone for their money if they are somewhat wealthy.

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21 minutes ago, missmuffet said:

There are people who marry someone for their money if they are somewhat wealthy.

Seems that should be against the law.

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Just now, Out of the Shadows said:

Seems that should be against the law.

Yes, it sure can be heart breaking in some instances:

A year after my first husband got his Pharmacy degree he said " I love the Pharmacy degree but... it has been nice. See you around" :th_wave:

That is not all that uncommon. When my brother graduated from dental school he knew of a couple of guys who did that.

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2 hours ago, Out of the Shadows said:

There is no "her money" and "his money", there is only "our money".

That's it.  Anything else means it is not a marriage.

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1 hour ago, Rick_Parker said:

My experience is what is hers is hers and what is mine is hers. :laugh:

I remind my hubby of that whenever he gets a chocolate bar. 

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