Thread: sharing funds
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Old 01-29-2008, 09:00 AM   #8 (permalink)
newshoes
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Default Re: sharing funds

My personal experience is that money is the root of "most" evil.

My first marriage, I allowed my ex to control everything. My whole paycheck went into a joint account. I had no idea how much we had, and where it was going. All I know is how much money a week I made and that I had money for groceries and the kids. When things took a turn for the worst in our marriage, I found out that he had put us $75,000 in debt, he moved out, cashed in his generous retirement account and left me with nothing. I have dug myself out and I am doing okay.

However, me and my boyfriend of 4 years keep everything separate. He pays his bills, I pay my bills. He lives in my house, so I do not ask him for mortgage money, but I do ask that he help with the utilities, and groceries.

My advice would be to set up a house account, and your own account. You would be responsible for putting a percentage of your money in the house account as would he. As what Draconis suggested. The rest is yours, either to save or spend.

Good Luck MrsLV
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