Finances

iVillage Member
Registered: 06-09-2005
Finances
5
Tue, 03-02-2010 - 3:36pm

Hi Ladies,


Was wondering if anyone has any advice on how to handle finances or can give me examples of how you do it in your own homes.

iVillage Member
Registered: 03-02-2010
In reply to: rileyjean2005
Tue, 03-02-2010 - 4:55pm

The expenses involving his children are his responsibilities.

iVillage Member
Registered: 03-13-2007
In reply to: rileyjean2005
Tue, 03-02-2010 - 6:13pm
Pretty tough to make any suggestions (for me anyway) without knowing what is he wants to change... Can you provide more information ?
iVillage Member
Registered: 04-23-2004
In reply to: rileyjean2005
Tue, 03-02-2010 - 6:17pm

We completely co-mingle are finances. 1 bank, 1 checking account, 1 savings account. Wrks for us.

Jessa

iVillage Member
Registered: 07-07-2008
In reply to: rileyjean2005
Tue, 03-02-2010 - 9:22pm

Co-mingling finances doesn't work for us especially at this time...My SO has 4 kids, I have none and don't plan to...right now we live in my house (which I lived in when I was married). Since, there is only one name on the mortgage (mine), paying for the mortgage/taxes/insurance etc. are really my responsibility (at least that's how I see it). At this time, my SO pays hefty CS/alimony and there's not really a heck of a lot left over every month...He does pay for our car insurance and his car payment and the cell phone bill. In addition, he buys groceries, and contributes to our "entertainment" expenses. However, as time goes by, and some of the supports lessen, I would like him to maintain what I've listed and take on the common charges in the townhouse. That way he would be "contributing" to the house, but not with the "true responsibility" of the mortgage.

Long ago, I decided that I will never pay/or help pay the CS/or alimony while it lasts...EVER...None of that is my responsibility. Will I buy the kids gifts or help him with holidays/birthdays/things we want to do with them, yes, but it is ALWAYS on my terms, if I don't want to do something, I don't.

Until we get a bit more balance in the equity of what is contributed to the household and "our life", there will never be any "joint finances". For us, this is what is working right now...

iVillage Member
Registered: 04-27-2006
In reply to: rileyjean2005
Thu, 03-04-2010 - 10:08pm

We each have our own bank accounts and a joint bank account.

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