Caporegime
Anecdata.Mate of mine had a joint account - his wife used to go to Sainsbury's every day and buy a packet of biscuits and £50 cash back - Wife and I have our own accounts with a joint for running house.
Mate was divorced years ago
Anecdata.Mate of mine had a joint account - his wife used to go to Sainsbury's every day and buy a packet of biscuits and £50 cash back - Wife and I have our own accounts with a joint for running house.
Mate was divorced years ago
Those who split there income - how do you go about pensions, investments etc? What if one of you is on a low wage - does that mean you can't live the dream life because one of you is poor???
What if one is you is more knowledgeable with money...what if the wife doesn't pay into a pension or has lower contributions? Does that mean in retirement she'll live on rich teas whilst you have the jaffa?
Both have our own separate accounts and a joint account for mortgage, bills etc.
I've been married twice and done it both ways. Current wife we have separate accounts but we do it that way because she doesn't work and by me transferring to her what my father used to call 'House Keeping' money it gives her a sense of independence to spend on what she wants within reason without my prying eyes on it making her feel guilty because I'm earning all the money. We made a choice to move out of town and have only one of us work because as a couple we're happier if only one of us is stressed at the end of the day. The other provides a nice balancing influence rather than both bitching about work. So I value the money I bring in as much as the value she brings in looking after me and the family and being a positive influence on our lives.