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by toast0
2577 days ago
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My spouse and I have a simple plan. I make the money, and my spouse spends it. :) When money was tighter, we would coordinate more closely and more frequently about expenses and timing. Now I just maintain a certain balance in checking and we coordinate over large payments to make sure they don't hit checking all at once. If you or your spouse is making seven figures, you shouldn't have actual money problems -- even if taxes take half, you can save half and still have 250k/year to spend; spend half of that on a $5M mortgage, and you've still got more spending money than US median income. Your money management priorities should be around limiting the time it takes to manage, unless you get enjoyment out of micro managing it. |
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Certainly when we made less money we had to coordinate much more.