Comments on: Let’s Talk About Money

By: Money Infant

Money Infant — Fri, 17 Feb 2012 01:57:08 +0000

We are in similar roles Aloysa. Many of our discussions here revolve around the budget and whether we can afford to go out too. And my wife (usually) relies on me to tell her what we can and cannot afford.

By: Aloysa @ My Broken Coin

Aloysa @ My Broken Coin — Fri, 17 Feb 2012 01:48:57 +0000

We do talk about money all the time. Mostly we discuss our budget and if we should go out or not. I am in charge with out finances, and my husband relies on me to tell him what we can or cannot afford.

By: Money Infant

Money Infant — Fri, 17 Feb 2012 00:57:36 +0000

It’s great you two are so flexible when it comes to money. I’ve read so many stories of men and women getting offended and upset with the earnings or financial decisions of their partners when it could have been so easily avoided with a bit of communication.

By: Jon Rhodes

Jon Rhodes — Thu, 16 Feb 2012 18:10:54 +0000

We have quite a flexible approach to money. There have been times when my wife has earned more than me, and times when I earn more than her.We don’t get annoyed by this as it helps us both in the long run. In my early days of internet marketing, I was able to quit my job to fully focus on it, even though I wasn’t earning much. This allowed me to then build it up and earn more than her. We have both benefited from this.

By: Money Infant

Money Infant — Thu, 16 Feb 2012 06:35:08 +0000

Knowing you I’m not surprised that you and your wife have excellent communications regarding money.

By: Nick

Nick — Thu, 16 Feb 2012 05:25:33 +0000

We’re a one-income household, so pretty much everything comes from my account. For a few reasons, including that my buddy and I have some rental property together that has been a bit unstable at times, we kept our money separate. But both of us know everything that’s in the accounts. We certainly talk.

By: Money Infant

Money Infant — Thu, 16 Feb 2012 01:32:58 +0000

As long as you and your boyfriend are talking about money that’s great. I think the more you talk about it (money) the easier it becomes. And as you’ve already found the more you talk with your significant other the more you begin to understand each others view on money and motivations.

By: Money Infant

Money Infant — Thu, 16 Feb 2012 01:27:02 +0000

The house account gets anything that is a set bill (rent, groceries, utilities, etc) as well as an agreed upon amount for savings and/or sinking funds. The proportions are determined by our proportional incomes. So if I make $1000/mo and she makes $500/mo (or vice versa…no gender inequality) I would contribute 2/3 of every bill and she would contribute 1/3.

By: American Debt Project

American Debt Project — Wed, 15 Feb 2012 17:21:02 +0000

I appreaciate Thai culture for being free to talk about money. I wish I could talk more freely about money all the time, not just on blogs. Luckily my boyfriend and I have always talked about money. When we get stressed out about it, we can talk openly because we know where we stand on everything and I think we’re finally setting up some financial goals for our future. We have separate savings and retirement accounts. They are all pretty new. But I will probably be the one who “holds” most of our savings. Hopefully he will want to start saving more on his own too, though. I think it helps a lot to be able to talk about money together.

By: Modest Money

Modest Money — Wed, 15 Feb 2012 16:10:33 +0000

How do you decide how much to put in the house account? That seems like a good way to do things, with 1 shared account, but also separate accounts for each partner. I should’ve had something like that setup with my girlfriend. We didn’t talk about money much, but we did have different spending and saving habits. I think that added to the underlying tension and may have contributed towards our breakup.