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I've never understood the % thing... do you divide up the grocery bills too? And if you do... do you base it on each person's income or the amount they consume? The only folks I knew that actually did use this system are getting divorced right now. Real messy.
For 10 years, my friend's ex gave her his share each month on the 1st. Then one day she realized that in addition to her "share" of the bills, she was being expected to buy all the household goods and groceries from her "share". They fought about it and he said that since she had 2 kids when they got married, and he never ate lunch at home and didn't eat breakfast that he shouldn't have to pay more than 12.5% of the grocery bills and he wanted it backdated. The "boys" had already moved out by this point, so since she didn't watch cable, she stopped paying the cable bills... as you can imagine, this escalated and now they're in the middle of a divorce. They were separated for awhile and he was giving her some $$ to help her out. She thought he was being more than fair and until last Wednesday when his lawyer finally produced his income statements, they got along better than they ever had. Then it turned out that he had been setting aside $$ every month in a separate savings account for their entire marriage and his income was 75% higher than he had told her. She never even glanced at their tax returns... he did it all on TurboTax and signed her name electronically... she never guessed!
Due to her naivete' she is not getting the % the state says she is entitled to (she set precedent), but she is getting 50% of $$ from the savings he tucked away, and 3x what she asked for in alimony.
And NEITHER of them is happy, both believing the other to be greedy. I think a married couple's finances need to be ABSOLUTELY transparent to each other.
It all depends on situation. If a guy is making money before marriage, then they have to do prenuptial. If couple got married and after started making good money (opened business, got a high paying job), then I think pool money is a best choice, while having, lets say, 5 or 10% put in personal account for personal expenses (fishing, hunting - any hobby, etc.) would be smart. So if H makes 10K, 1K for his personal would be reasonable, and wife makes $4K, then she got $400 for personal expenses. All other major bills - mortgage, cars, utility, groceries, gas, education, etc. is paid from the pool money.
Lesson #1 - never mary a woman with children from her previous marriage.
Quote:
Originally Posted by sskkc
I've never understood the % thing... do you divide up the grocery bills too? And if you do... do you base it on each person's income or the amount they consume? The only folks I knew that actually did use this system are getting divorced right now. Real messy.
For 10 years, my friend's ex gave her his share each month on the 1st. Then one day she realized that in addition to her "share" of the bills, she was being expected to buy all the household goods and groceries from her "share". They fought about it and he said that since she had 2 kids when they got married, and he never ate lunch at home and didn't eat breakfast that he shouldn't have to pay more than 12.5% of the grocery bills and he wanted it backdated. The "boys" had already moved out by this point, so since she didn't watch cable, she stopped paying the cable bills... as you can imagine, this escalated and now they're in the middle of a divorce. They were separated for awhile and he was giving her some $$ to help her out. She thought he was being more than fair and until last Wednesday when his lawyer finally produced his income statements, they got along better than they ever had. Then it turned out that he had been setting aside $$ every month in a separate savings account for their entire marriage and his income was 75% higher than he had told her. She never even glanced at their tax returns... he did it all on TurboTax and signed her name electronically... she never guessed!
Due to her naivete' she is not getting the % the state says she is entitled to (she set precedent), but she is getting 50% of $$ from the savings he tucked away, and 3x what she asked for in alimony.
And NEITHER of them is happy, both believing the other to be greedy. I think a married couple's finances need to be ABSOLUTELY transparent to each other.
We have a join account and all money is deposited i it. We also have different join savings accounts for different things like next vehicole purchase ;general savings etc.
So in other words - wives should be prostitutes (sex for pay). Got it. To each their own I guess ...
Luckily, I married a woman.
Gez, what a flat thinking
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Depends.
What freaking century is this?
