(Closed) Fun Poll: Financial Freedom 2

posted 7 years ago in Money
  • poll: As long as the bills are being paid, how much restriction should the higher earner have?
    If the agreed bills are paid, not too much restriction, he/she earned it and is used to it. : (42 votes)
    38 %
    Financial freedom is gone with marriage. Too bad. It is one of the realities of marriage. : (70 votes)
    63 %
  • Post # 3
    Member
    10367 posts
    Sugar Beekeeper
    • Wedding: September 2010

    We make almost the same but agreed that there is no individual money outside of a monthly allowance. It’s all joint. Neither of us are very materialistic, so we don’t feel like we are missing out. We have a lot of joint goals – 6 month trip in Asia, down payment, etc – that make that necessary. It’s too hard to save money/invest/know what you’ve got if it’s all separate.

    Post # 4
    Member
    685 posts
    Busy bee
    • Wedding: October 2011

    As long bills are paid and enough money have been put into the saving account, we don’t mind what the other person splurs on. I do tease Fiance that within (a little over) 2 years of dating, he bought 12 pairs of jeans.

    I’ve always been financially independent since I graduated college. I don’t think I can marry a person whom has a problem with my spending. It isn’t that I spends a lot, I just don’t like restrictions.

     

    Post # 5
    Member
    3126 posts
    Sugar bee
    • Wedding: December 2017

    I make more than Fiance. He gives me complete freedom financially but asks me before every purchase (not including food). I don’t expect him to do this but he feels like its reasonable because it is “my” money (even though we have a joint account). I try not to take advantage of this situation and usually chose to put our money into savings.

    Post # 6
    Member
    3564 posts
    Sugar bee
    • Wedding: August 2010

    All our money is joint, so Darling Husband would never use the logic, “Well I make more, and I paid the bills, so if I want to spend xxx on this item, then I’ve earned it.” All big purchases are decided upon together, regardless of who the item is for. Darling Husband would never rub it in my face that he makes more than I do, and he doesn’t at all have the attitude that because he makes more, he’s entitled to buy whatever he wants whether I agree with it or not. 

    Post # 8
    Member
    1046 posts
    Bumble bee
    • Wedding: December 2010

    One thing my fiance and I agreed early on was that “my” and “his” money would be our money. My finace makes a good income and I’m currently a student. If we didn’t share income, I’d be broke and he’d be well off. In a few years, I’ll be making more money than him and it’d reverse. We decided instead that we’d rather share so that we can both live comfortably. We’ll be setting a certain allowance that each of us can spend, no questions asked. After that, we’ll talk about purchases, saving, etc.

    Post # 14
    Member
    459 posts
    Helper bee
    • Wedding: April 2010

    We calculate how much money is needed to cover joint bills every month, and put that money into the joint account, split percentage-wise by how much we make (so I put in 46% of what we need to cover the bills, he puts in 54%). The rest of our money is in our individual accounts. We do go 50/50 on big purchases, like our wedding and when we will purchase a house in the future. We have the rest left over to do what we want with. Splitting bills this way also means that we are not responsible for the other one’s personal debt (he has student loan debt and I do not; he does not want me to have to pay for his student loan debt).

    We would reevaluate this arrangement if our financial situations changed, but right now it works out well for us. We contribute to joint expenses based on income, but still have our own money to do what we want with.

    Post # 16
    Member
    685 posts
    Busy bee
    • Wedding: October 2011

    @Socrates: We do have tripple account; his checking/saving, her checking/saving, our checking/saving.

    If I can’t afford something due to more obligations as a result of marriage, fine but not because I haven’t gotten approval from someone on something I would have been able to get on my own before.

    I totally agree with that statement.

    The topic ‘Fun Poll: Financial Freedom 2’ is closed to new replies.

    Find Amazing Vendors