Post # 1
Just curious. I have friends who refuse to even look at their bills or know their finances because it causes them stress. They therefore have their SO’s handle everything. It works for them, I guess.
Personally, I handle the majority of the bill paying, but DH and I discuss and know all the bills. We sit down once a month and reassess our goals and evaluate our savings. I cannot imagine one person being in the dark about finances.
What about you bees?
Post # 2
Dang it, I accidentally hit enter on my iPad and I can’t edit the poll!!
Post # 3
We’re pretty evenly split. We both have bills that we are responsible for and we’ll ask each other about them. We both have investments in our own names, along with joint assests and look them all over together.
Post # 4
AB Bride: We do investments separately as well and one checking account. DH has a few bills he pays (auto debit) but he is a little forgetful and I generally like to ensure our mortgage and main bills get paid on time.
Post # 5
Our setup is a bit more unconventional – we’re not married yet, but I keep an eye on most of the finances since I’m much better at administrative stuff (he’s an engineer and hates paperwork). I just have a list of bills we need to pay (mostly monthly credit card bills since everything gets charged), and I just send him an email to remind him that the due date is coming up and whether he wants me to take any action (ie set up an electronic payment for him). This way, I feel better knowing it’s addressed, and he doesn’t feel like I’m doing everything.
We have investments and checking accounts with both our names, and we each have a separate savings account. We assess our budget every few months to see if we need to make some changes (ie contribute more to the joint account, move funds to a mutual funds account, contribute more to work 401k, etc).
Post # 6
We split pretty much 50/50, fairness is pretty much our thing. I’m betting it’ll continue to be like that after we’re married.
Post # 7
- Wedding: November 2013 - Garden
We figured out rough costs and then split items up, so he handles most of the mortgage, the internet etc, I pay for groceries, utilities, small portion of mortgage. Anything unexpected we split. Whatever is left over is ours to do with as we please.
I wish he would take over completely though tbh, I am completely useless with money. He’s showed me how to budget but I have such a hard time sticking to it. When we have kids I will probably have everything paid into a joint account so he can handle it all.
Post # 8
- Wedding: February 2015 - Chapel on Base
He pays everything and handles all the responsibility. My only bill is our cell phone.
For the first time in my life I am with someone smart enough that I don’t have to worry about finances.
Post # 9
My husband does all of that. He makes a great living & is really awesome with money. I only work 2 sometimes 3 days a week & my money goes straight into my pocket for my prescriptions & medical needs (I have a condition with my adrenal glands) & shopping! I save my money too though. I don’t just shop all the time. But my husband pays all the bills & literally takes care of everything. I was on my own since I was 18 until we got married so I also do very well with money & know how to take care of everything. I actually prefer him to deal with it. It makes things less stressful for me. I have enough to deal with managing my medical condition.
Post # 11
Me. I keep him clued in, but I’m better with money. But he is involved because he needs to learn.
Post # 12
We split regular household bills roughly 50/50. He does all of our retirement savings/investing though and just tells me what I need to contribute.
Post # 13
We have almost everything set up to autopay, but otherwise I usually take care of anything extra. DH rarely spends any money anyway lol.
Post # 14
Neither sort of. We have every bill on auto pay and it just gets paid. 401k is deducted automatically before we get paid, savings for retirement and investments are automatically deducted on pay day, additional roth ira, too. Once in a while, one of us will log in and take a look at the balance, but neither of us really worries about it since savings and bills are automatic and we still have a good buffer and spend much less than what is left over.
Post # 15
We each manage our own separate expenses (we maintain separate checking accounts in addition to our joint account), but I manage the vast majority of our shared expenses that get paid via the joint account. This includes rent, cell phone, electricity/gas, internet, insurance, etc. I maintain a budget app on my iPad and phone to keep us on track. Of course I periodically discuss the state of our accounts with my FI, but I do the day-to-day stuff.