My parents have separate finances. Anyone else?

[Locut0s]

My father is the primary bread winner of the family but isn't very good at saving money, he likes to spend money on gadgets, books, CDs and the like. Until more recently my mother did not have a lot in the way of savings but she has always been the penny pincher. She also has the worst job of the two (worked at 7-11 for about 15 years where as my dad teaches at a college). Recently my mother got some money from her side of the family and has invested it in real estate. In order for them to get along they decided to separate their finances as completely as they could, otherwise they would always argue about money. From my point of view they are both at extreme ends of the spectrum, my dad wastes too much money, my mom can't even spent a dime without worrying usually. As for retirement I'm not sure how they will work things out, my mother probably now has enough personal savings to have enough for a meagre retirement, my father may have enough also for a meagre retirement if he stop spending the minute he retires.

Anyone else have family issues like this?

[CaliforniaPeggy]

1. My husband and I have no money issues..........

But we do have separate accounts......

It's just simpler for us.........

:shrug:

:hi:

[Generic Brad]

2. My wife and I share everything

When we were first married we were so poor that every puchase and meal had to be budgeted and carefully considered. Neither of us had a dime tucked away so we had to completely pool our resources to survive. Over the years as things got easier, we just kept it up. I can't recall having a disagreement about money for at least 15 years now.

[Beausoir]

3. We have joint and seperate accounts.

He makes more money than I do...by far.

But I brought some substantial money to the table to begin with.

So, we have worked out an agreement. We split household expenses and then we each get our little nest egg to spend on ourselves.

I spend mine mostly on my pampering items and he spends his mostly on bachelor trips to medical conventions, etc.


So far, we are happy.

I simply MUST have my own finances or I don't feel secure. Every woman should take responsibility of knowing her financial situation.

[PrimeRibGuy]

4. Seperate accounts works for us...

Half my check, half her check goes into one account to pay everything. Whatever is leftover is that persons money.

[Bum Whisperer]

5. My wife and I...

...keep seperate accounts. I pay the major bills and she takes car of the minor ones.