Comments on: Should You and Your Spouse Have Separate Accounts? http://biggsuccess.com/2009/02/10/should-you-and-your-spouse-have-separate-accounts/ Life On Your Own Terms Mon, 13 Feb 2012 00:01:22 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Bigg Success » Teamwork Makes the Dream Work http://biggsuccess.com/2009/02/10/should-you-and-your-spouse-have-separate-accounts/comment-page-1/#comment-7261 Bigg Success » Teamwork Makes the Dream Work Sat, 14 Feb 2009 07:00:12 +0000 http://biggsuccess.com/?p=1567#comment-7261 [...] We face an economy that we haven’t seen before (or we were too young to really remember). And of course, financial disagreements are a leading cause of divorce as we discussed on a recent show. [...] [...] We face an economy that we haven’t seen before (or we were too young to really remember). And of course, financial disagreements are a leading cause of divorce as we discussed on a recent show. [...]

]]> By: Matt B http://biggsuccess.com/2009/02/10/should-you-and-your-spouse-have-separate-accounts/comment-page-1/#comment-7142 Matt B Wed, 11 Feb 2009 03:33:52 +0000 http://biggsuccess.com/?p=1567#comment-7142 I must admit, deep down, I am one of those people that think married couples must, as a matter of principle, keep their money together. Through the years, however, I have learned to be more tolerant of differences, after all it doesn't impact me. I know some people that have separated their finances with great success. And for those people that do it well, kudos to you! Personally, I could not imagine doing it that way with my wife. We became a couple, living together, at a very, very young age when our combined hourly pay was somewhere around $8 an hour - and only one of us was full time. We grew up together and learned how to manage money as adults together and have always, since day 1, had only joint accounts. After nearly 17 years and two beautiful daughters we still think our way works best for us. I have committed to sharing my life with my beautiful wife and think that money is a natural extension to that. I really think that we do it this way because we started out with nothing, almost literally. We have seen separating finances work for some of our couple friends, but mostly those that were married later in life. Not sure if that has anything to do with it but that's just my gut. Our way works well for us and the other ways work well for many others, that's great. I think either approach takes openness, honesty and most of all, trust. I enjoyed your short discussion on the subject. Always good to hear another viewpoint. By the way, even though we manage our finances as one big pool of money, we still have those distinct roles... one is the spender and the other is more of a saver. Great show! I must admit, deep down, I am one of those people that think married couples must, as a matter of principle, keep their money together. Through the years, however, I have learned to be more tolerant of differences, after all it doesn’t impact me.

I know some people that have separated their finances with great success. And for those people that do it well, kudos to you! Personally, I could not imagine doing it that way with my wife.

We became a couple, living together, at a very, very young age when our combined hourly pay was somewhere around $8 an hour – and only one of us was full time. We grew up together and learned how to manage money as adults together and have always, since day 1, had only joint accounts. After nearly 17 years and two beautiful daughters we still think our way works best for us. I have committed to sharing my life with my beautiful wife and think that money is a natural extension to that.

I really think that we do it this way because we started out with nothing, almost literally. We have seen separating finances work for some of our couple friends, but mostly those that were married later in life. Not sure if that has anything to do with it but that’s just my gut.

Our way works well for us and the other ways work well for many others, that’s great. I think either approach takes openness, honesty and most of all, trust.

I enjoyed your short discussion on the subject. Always good to hear another viewpoint.

By the way, even though we manage our finances as one big pool of money, we still have those distinct roles… one is the spender and the other is more of a saver.

Great show!

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