"Goddess" Finds Solution
Another member feels "like a goddess" for working out a system with her partner. "Now, we have two joint accounts: one for checking, one for savings. We each have a separate account at a bank of our choice, too. The joint checking account is for the bills (all are directly debited, so I don't have to worry about it) and savings is for all the money for groceries, car, travel allowance and misc. house money. At the beginning of the month, I split all the money into the accounts and then keep $500 for each of us for personal spending. This new plan also includes investment savings, savings for things that we both want (that we've agreed on) and emergency Once-A-Year costs that I hashed out."
This system has "saved us from one person being in control of the money, and he's a lot calmer now, too. Oh -- and for all the independent ladies, you'll be happy to know that our investment money also gets split into two equal accounts: one for him, one for me."
Finally, Karyn was among those who argued that a woman should always retain some independence:
"I just think it's important for women to be able to take care of themselves -- to be able to do the things that men have traditionally done -- because there may come a time when we have no other choice BUT to do these things ourselves. It's becoming more common for women to take over the financial side of things in a marriage though, so congrats to those women. We just need to keep our independence, even when we're part of a long-term relationship."
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