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For those in significant relationships/married - is there one party who controls the purse strings/financial matters or is it an even keel?
For some reason, I've been delegated the role of banking (get cash,bring home), checkbook balancing and investing. My wife has no interest in that - just seeing increase in net worth, spending and writing checks (more spending). Not sure if that's a good thing, or a bad thing?
We're both involved in it fully. We make approximately the same amount of money, and have very similar spending habits, so there's never been an issue.
Investing is outsourced to a financial planner, because neither of us has an interest in maintaining that.
My mom has always controlled the finances in our family- my dad is just not very responsible at all. Fortunately, he doesn't shop much so we don't have to worry about him impulse buying, but I could easily see him spending money they don't have if he shopped.
In my relationship, my partner and I have divided up the expenses based on our income (he makes a LOT more than me so he covers a larger chunk of the rent but we split utilities and groceries) and we are responsible for our own shares and can do what we like with whatever's left over. Once we are married, he'll probably handle all the investing (he has a knack for that sort of thing) but we'll continue to share household expenses and budgeting. I can save and budget well, but I have no interest in investing. I'm actually better at budgeting than he is because I've always made less money and have to be careful- heck, I still don't spend much money now even though I could probably get away with it. Our financial status keeps merging the longer we're together, but for now, we're on fairly equal footing as to how money is spent.
For 18 years my wife & I have maintained separate bank accounts and are resposible for our own money, This has worked out well for us, neither of us cares what the other spends. Neither of us knows what the other has in their bank accounts, but each of our names is one all of the accounts and we both have check writing privledges on all the accounts.
I'm with NiteRyder. My SO and I have been together (not quite that long LOL) but five years, we keep everything seperate. I pay some bills, he pays the other. He makes quite a bit more money than I do so the bills are dealt accordingly. It works. If I need advice, I'll ask him because he's a lot better with money, but generally everything is done at our own hand.
I do the day-to-day budgeting, pay the bills, and balance the checkbook. He keeps the savings account and will tell me how much we have to spend on a project or vacation. I am better at stretching a dollar than he is, especially when shopping for food and clothing for the kids, but if we didn't keep the savings separate, I would probably fritter it away. He just puts money away and doesn't think about it.
I do the day-to-day budgeting, pay the bills, and balance the checkbook. He keeps the savings account and will tell me how much we have to spend on a project or vacation. I am better at stretching a dollar than he is, especially when shopping for food and clothing for the kids, but if we didn't keep the savings separate, I would probably fritter it away. He just puts money away and doesn't think about it.
I do the banking, major budgeting and investing. I do the grocery shopping, we talk about major expenditures, but she does most of the picking and choosing (if the wife isn't happy - we don't do it ). My wife is much better at stretching the dollar than I am. Savings and investments are joint. She does most of the cooking, I handle most of the baking (i like sweets) . Chocolate cake, anyone?
We both have equal access to our money and neither of us control it per se. However, I manage our banking and all financial matters; pay the bills, handle insurance, credit and tax matters, both personally & in our business. Any major money goals or expenditures are discussed, so that there are no surprises and so they fit in our long-term plans. This arrangement is probably more my husband's choosing than mine, but it makes sense because it frees him up to the things he's better at.
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. Not sure if that's a good thing, or a bad thing? 
