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Brodie1985 t1_j9vds0f wrote

Reply to comment by ssevener in LPT: Maintain separate bank accounts when you get married by The_Stein244

I think different strokes for different folks. My wife and I do the shared account route. She buys whatever she wants that’s within our budget and I do the same thing. Works for us but I know some people it wouldn’t work out for.

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ShampooIsBetter33 t1_j9voyjb wrote

Agreed. Different strokes is spot on.

However, what I find interesting about OPs approach is I could see this becoming an issue related to the breadwinner being able to spend more freely. I make significantly more then my wife, doesn’t mean I think I get to spend significantly more. And especially with a kid, I can’t imagine not doing it the joint method. However that is just us, and as an accountant it easier to have me manage the budget for the whole family.

We talk at a minimum every 2 weeks about these things.

My LPT is to make a list of needs and don’t spend too spontaneously. As in spending continually on various $20 Amazon purchases, or $5 at Starbucks adds up quick.

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Brodie1985 t1_j9vs0xp wrote

Yeah same here. My wife makes 1/8 of what I make and I can for sure see where OPs method could cause issues for us. Right now she just checks in to see what is in the budget for something. I don’t mind spending money on her as most of the time it’s stuff that we both get to enjoy like dinners, trips, a dress for her or some jewelry. Most of the time she doesn’t even suggest anything I just buy her stuff.

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