Gardening Grandma
Senior Associate
Joined: Dec 20, 2010 13:39:46 GMT -5
Posts: 17,962
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Post by Gardening Grandma on May 14, 2011 9:19:22 GMT -5
But he didnt escape responsibility, he provided for then, just not the extracurricular activities which you shouldnt expect automatically just because he makes good money. A woman is just as capable as a man to earn a higher income, if it was that important to her, she should have attempted to earn more. It is a two way street. He provided the minimum and begrudged them that.
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formerexpat
Senior Member
Joined: Dec 18, 2010 12:09:05 GMT -5
Posts: 4,079
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Post by formerexpat on May 14, 2011 12:57:16 GMT -5
I have had a separate joint account with two women that I was not married to but lived with for the purpose of joint bills. We split it proportionately based on income because that's what worked for us.
However, when we opened these accounts [in both cases with both girlfriends], we wrote a letter and each signed a copy for the other to allow for the account to be closed.
That way, each of us were safeguarded from having a checking account in the other persons name in the event of breaking up. You generally have to have a signature from both parties on the account to close the account so this seemed like a good way to take care of that issue.
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stats45
Established Member
Joined: Dec 27, 2010 16:52:12 GMT -5
Posts: 415
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Post by stats45 on May 14, 2011 14:20:28 GMT -5
We both have our 401k monies taken out of our check and pay for our IRA's. Then we keep $1,500 a month in our separate accounts and put the rest in our combined accounts (checking for bills, savings for trips). We have been doing this for quite a while now, and our only concern is what to do exactly with the money accumulating in the checking account.
Because we are a clear and present danger to Western Civilization, we have to go to a little more trouble to make sure that the other person would be able to clearly be the legal beneficiary of each other's monies and stuff if something happened to one of us. Our system really works for us, even though I make about $40k more than my partner. We both have the same amount of discretionary income, and there is no percentage calculation to worry about.
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swamp
Community Leader
Don't be a fool. Call me!
Joined: Dec 19, 2010 16:03:22 GMT -5
Posts: 45,395
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Post by swamp on May 14, 2011 14:50:45 GMT -5
Because we are a clear and present danger to Western Civilization.... <<snort>> ![](http://i239.photobucket.com/albums/ff155/JiminiChristmas/smileys/button29934414.png)
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Knee Deep in Water Chloe
Senior Associate
Joined: Dec 27, 2010 21:04:44 GMT -5
Posts: 14,035
Mini-Profile Name Color: 1980e6
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Post by Knee Deep in Water Chloe on May 14, 2011 16:25:36 GMT -5
Prior to marriage, we had a system similiar to babybean and firebird.
However, he had his own account, I had my own account. While we both had access to everything, I managed everything. He doesn't like to deal with household bills. So, I guess we were basically common potters, but without the joint accounts.
I don't know what the best answer for you is, but good luck!!!
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Post by gsbrq on May 14, 2011 17:36:11 GMT -5
My boyfriend and I have been together 12 years, lived together for 10.5 years, and have owned a house together for the last 6 years. When we first moved in together, I put all the bills in my name and would collect from him each month, because I'm a tad control-freaky when it comes to finances. It worked, but I hated it.
So we opened a joint account. At the time, we made similar salaries, so we each put in an equal amount every month. This covered rent, bills, and "extra", which we used as account cushion and vacation money. We each bought our own groceries for the most part, because I'm a vegetarian & he isn't.
Over time, my salary has increased to around twice what his is now. So I put more in our account, and much more into retirement savings. When we retire, we'll continue to share expense proportionally since I will have more saved than he does.
I know that co-mingling money can go very wrong. This is what works for us, and I'm willing to accept the risk.
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