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by xutopia
733 days ago
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I'm no longer married but this is how we handled it. Both have a personal account and a shared account for common and family things. Mortgage was shared and so was every other family expense like food and travel. I made twice what she did so I put 66% of the money in the joint account. So long as we had enough money in there for our budget we could do with our leftover money as we pleased. |
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My late wife and I each had our own accounts, plus a third account for mortgage, utilities, groceries, etc. We'd each deposit into the third account, and kept the rest of our finances separate. I made more money, so I'd usually pay when we went out to eat or whatever, but it wasn't an obligation.
It worked pretty well -- unlike most of my married friends, I don't recall us ever having an argument about money.