Family Money
Printed From: OHbaby!
Category: General Chat
Forum Name: General Chat
Forum Description: For mums, dads, parents-to-be, grandparents, friends -- you name it! And you name the topic you want to chat about!
URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=22858
Printed Date: 30 September 2025 at 2:25pm
Software Version: Web Wiz Forums 12.05 - http://www.webwizforums.com
Topic: Family Money
Posted By: MissCandice
Subject: Family Money
Date Posted: 01 December 2008 at 10:18am
|
How do you work it at your house.
Is it all family money no matter what you earn compared to him? DP's money is his money, mine is mine. I earn less but we pay half of everything each. I want this to change. Im really good with money, DP is not. He makes more than me yet has less than me cos he spends it on crap. I am doing a degree in 2010, and i dont know what to do about money. Iv been told that working just isnt advisable. I mentioned this to DP and he didnt say anything.. So how does money work in your house? ------------- ~ Mummy to a beautiful girl ~ |
Replies:
Posted By: Kellz
Date Posted: 01 December 2008 at 10:25am
|
We have had combined bank account since 2003 (been together 3 years by then).
I havent worked for the last 2 1/2 years, but do get family assistance. It all goes into one account. I pay the morgate and all the bills. I always have. DH wouldnt have a clue what needs paying when. DH doesnt ever spend anything on himself tho, doesnt even by his lunch or anything. |
Posted By: minik8e
Date Posted: 01 December 2008 at 10:29am
| All our money is joint money - we earn about the same, when averaged out over the year (I am on salary, DF is on hourly wage, so some weeks may earn up to $200 more than me, but other weeks may earn a lot less). I pay all the bills etc though, DF wouldn't have a clue what's in what account. We've had joint accounts since we bought our house in February - before that we had separate accounts, but it was still "our" money, no matter whose account it was in. |
Posted By: MissCandice
Date Posted: 01 December 2008 at 10:30am
|
DP wastes heaps, pack of taily ciggerettes a day, so 7 a week! thats like $75. He buys lunch everyday, morning tea and lunch so at least $20. He buys 2x Vs on the way to work so $5-6 dollars.. ------------- ~ Mummy to a beautiful girl ~ |
Posted By: tamiem
Date Posted: 01 December 2008 at 10:31am
|
We've had a joint bank account since just after we moved in together (had been going out for about a year by then).
Both our wages (when I was working) go in and all our bills and personal shopping etc come out of that. ------------- The Sale Fairy is a weekly email newsletter, advertising online sales & specials for baby, children’s and maternity products. www.thesalefairy.co.nz info@thesalefairy.co.nz |
Posted By: lilfatty
Date Posted: 01 December 2008 at 10:31am
|
We only have one income in our house and one bank account.
DH gets spending money .. and I look after paying the bills etc. ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year  http://www.femininefitness.co.nz/category/blog - LFs weight blog
|
Posted By: Bubbaloo
Date Posted: 01 December 2008 at 10:32am
|
We have seperate acounts but share expenses. ------------- http://lilypie.com" rel="nofollow">  Was danni-chick Mum to James My Angel 28/07/08 |
Posted By: Kellz
Date Posted: 01 December 2008 at 10:34am
| edited so I could add the quote so can see what im talking about, cos heaps of posts since the post I was commenting on |
Posted By: Kellz
Date Posted: 01 December 2008 at 10:35am
Gee thats heaps- DH seriuosly wouldnt spend that much on himself in a year - if u exclude the takeawys we get for both of us for dinner every few weeks. I get a coffee a week and maybe a muffin or something with it. I have got clothes lately, and I got DH 2 pairs shorts for chritmas. He never usually gets new clothes, and if I dont through out his unders and socks that are fill of holes and buy him more, he never would! He doesnt drink or smoke or anything. I guess Im lucky. If we had more money we would definatly spoend more. We have never saved much, and nothing since we been on one income. |
KylahsMum wrote:Posted By: CuriousG
Date Posted: 01 December 2008 at 10:35am
|
I earn over double what DH does but it all goes into the same account and I pay all the bills (because he doesn't know how to use Internet banking!). We both usually buy lunch (he is better at taking his than I am).
Sometimes I get a bit p*ssed that I have to sacrifice so much of my salary to bills etc (as I used to spend spend spend!) but its all towards the same common goals. I also cost more to "run", ie hair cuts, nicer clothes for work etc. It swings in roundabouts I guess. We have a loose budget but are rubbish at sticking to it.  ------------- http://lilypie.com"> 
http://lilypie.com"> 
|
Posted By: caitlynsmygirl
Date Posted: 01 December 2008 at 10:38am
best way to explain our situation too ------------- 
|
Posted By: Kellz
Date Posted: 01 December 2008 at 10:41am
| Do u mean you pay your share of every bill, like half of the phone, and half rent, foos shopping etc? Thats what BIL and his gf do and we think its odd since they been togtehr 5 years. No offence intended if thats how it works for you, we just couldnt be bothered having to divide up everything! |
Posted By: Bel
Date Posted: 01 December 2008 at 10:42am
|
We have a revolving credit mortgage, so try and have as much money as poss in that account. We effectively have one account, but I still have my credit card and bank account from the single days (even still in maiden name - because I am lazy!). The credit card is really only for buying online stuff and the account is to pay off the credit card and we get WFF into it - means I can buy a coffee and things for Luke without getting into mortgage. ------------- Mum to two beautiful kids 
Luke (09.11.2007) Amy (01.04.2009) |
Posted By: caitlynsmygirl
Date Posted: 01 December 2008 at 10:44am
|
no we dont divide everything up (except rent , we pay half each ) , its more whoever has the more money that week does the grocerys etc, but the following week it will be the other person .
Lately tho , DF has been paying more , because my hours (and therefore wages) have dropped and hes got a pay rise so his have increased , so we are starting to do it that he pays the bills and the rent and I cover the groceries , and other expenses that come up . -------------
|
Posted By: MissCandice
Date Posted: 01 December 2008 at 10:44am
Thats how we are doing it, except alot of the time i jut buy the stuff, or pay the bill. I hate it, i hate having to make him pay his half. He complains alot about having no money too. ------------- ~ Mummy to a beautiful girl ~ |
Posted By: fire_engine
Date Posted: 01 December 2008 at 10:44am
|
We have a joint account and it's "our" money, even though he's the only one earning, it's not his and mine. We have a strict budget (well, if I stick to it!) that gives us both $50 spending money a week, and we have limits for all other spending eg groceries and petrol. I have been doing a bit of contract work and when that comes in I tend to buy myself a few things that I've been putting off (e.g. clothes) and we have a more relaxed week with the budget, but the rest goes to keep our budget on track. All our bills are on AP. DH monitors the money and sends me email updates each week which I don't always like but know I need them to keep me on track! ------------- Mum to two wee boys |
Posted By: MrsMojo
Date Posted: 01 December 2008 at 10:44am
|
We've had joint finances for the past 11 years (we'd been together nearly 1 year when we combined our finances). We calculate our income as a total amount, not what I earn vs. what he earns. We both contribute to each others success in all facets of life and we share household chores and parenting responsibilities so it makes sense to share our income too (if either of us had to go it alone we'd be stuffed). We both get the same amount of spending money. I am the treasurer and therefore manage our joint finances but we make joint decisions on household purchases. -------------  
|
Posted By: MissCandice
Date Posted: 01 December 2008 at 10:48am
I wish ours could be like that! It would be soooo good! ------------- ~ Mummy to a beautiful girl ~ |
Posted By: Kellz
Date Posted: 01 December 2008 at 10:50am
Hehehe! Thats another offical sounding role to add to my SAHM jobs! Lol! One of which is not "talk on ohbaby all day' opps! Oh well, its Monday! |
Posted By: kebakat
Date Posted: 01 December 2008 at 10:51am
| We have a joint account and it's all our money. However every pay day I split it up into different accounts that I have made. DH and I get an equal "allowance" each pay day ($70 ea per fortnight) and that's our money to do what we please with it. |
Posted By: MrsMojo
Date Posted: 01 December 2008 at 10:51am
|
Kellz, I think the job you're referring too is "communications manager" -------------
|
Posted By: Kellz
Date Posted: 01 December 2008 at 10:52am
| LMAO!!!! |
Posted By: ohanlon82
Date Posted: 01 December 2008 at 10:53am
|
ours are all joinit.. DH and i been together nearlly 11 years... after about 3 years once we wanted to save for our house we made them joint
DH earns more than me... ------------- http://lb2f.lilypie.com/TikiPic.php/RPaODBg.jpg |
Posted By: Jessica
Date Posted: 01 December 2008 at 10:54am
|
We are all shared, and after we were together a couple of years but not living together we just helped each other out as needed. I do all the financial stuff for us personally and for our buniness ( am currently working on GST which I have been avoiding). We are a team and it used to be that all DH's wages went straight into our business and we lived off my teaching salary but now that I am not working we have put everything into the business and take a small personal drawing each week. We are not that good at sticking to a budget but we can tighten up when we need to (like now with Christmas coming up!) ------------- 
Our con-joined boys 20 wk |
Posted By: NeoshasMummy
Date Posted: 01 December 2008 at 10:59am
|
Well we have seperate bank accounts and DF normally just gives me his card or moves funds to my account for me to spend. All of the auto payments come out of his bank and whatever is left goes to savings/bills/Neosha/stuff for me and he doesn't really buy anything for himself these days although I always pick up clothes and shoes and make his lunch for him everyday.
The family assistance thing goes towards savings for neosha's schooling and whatever I want to buy for Neosha or myself. We have never split money or said this is mine and that is yours and DF says the only reason he works 7 days most weeks is to keep me a SAHM but also give us a nice things as well. For us money has never been a issue to fight over and we have always shared it together (even when there wasn't much of it) It's just the way it goes in our house I would HATE it if he spent heaps on junk and made me go without or didn't share his money. ETA: some extras  ------------- https://secure.fertilityfriend.com/home/30c4ec/" rel="nofollow">  Mrs Te Kani ❤️ Neosha 26/5/2007 |
Posted By: lizzzzie
Date Posted: 01 December 2008 at 11:29am
|
Ours is joint, and again it's not "what he earns vs what I earn", we just combine the 2 and the total is our income. Then we follow a budget (well, try to) so that we stay on track, especially with saving for our new arrival. I find this way sooooo much easier, just know where everything is at. We combined finances when we got engaged so it was easy for me to stat contributing to the mortgage and household bills etc.
I'm sorry that's not much help to your situation though, I do hope you manage to sort it out! You've tried talking to him about your concerns? Especially with his spending? ------------- 
|
Posted By: clover
Date Posted: 01 December 2008 at 11:44am
|
Haha Jo, DH refers to me as "The Treasury"
We're the same as some of the others, incomes are combined into one account and we never think about who earns more (he does). We spend what we need to and unless it is a huge purchase we don't consult. For example if I feel like going shopping and buying some clothes I do, I don't have to check with him first. We don't do the weekly allowance thing that some people do, we figure it all evens out - his cigs and beer and my shopping 
|
Posted By: peanut butter
Date Posted: 01 December 2008 at 11:52am
|
All joint here too. We do have our own "spending accounts" but other than that its all together. Has been since we bought our first house together. We werent living together at the time (or even in the same island) so we just apportioned a % of our wages into the mortgage. Then DH moved down to me and wasnt working so I paid everything and gave him an "allowance". I have been the major breadwinner till I had Tom and now DH is. I have never thought of his money or my money...its ALL MY MONEY...isnt it???
As Mojo said, we support each other in everything so its only natural to do so financially. I see us as one team and his wages are the "teams" wages etc. |
Posted By: MrsMojo
Date Posted: 01 December 2008 at 11:54am
|
I think you described it better than me -------------
|
Posted By: lizzzzie
Date Posted: 01 December 2008 at 11:57am
Couldn't have put it better, that's exactly how it is for us The way it's set up for us will make it much easier when we go down to 1 income, won't have to look at who's paying what or anything, just won't have as much money! -------------
|
Posted By: peanut butter
Date Posted: 01 December 2008 at 11:58am
I thought you had described it beautifully and really summed up how it all works. But thanks for thinking I did ok too
edited because the quote went funny
|
Posted By: peanut butter
Date Posted: 01 December 2008 at 12:02pm
| If any cantabrians remember the old canterbury ad were they said " if on team member falls over there is another ready to step up" (or something like that). That is what DH is always telling me when I am too exhausted to get ontop of the cleaning cooking etc....he says it then becomes his job because "we are a team". We even joke about the spending account for kids expenses is the "Team L.... development squad" |
Posted By: DzinerGirl
Date Posted: 01 December 2008 at 12:06pm
|
We created a joint account which we both put "X" amount into for rent, groceries & bills etc and then created a new one for wedding savings.
In the next couple of weeks both our wages will be going into the one account and I'll be setting up AP payments for our allowance which will go out into our seperate accounts...I handle all the $$, pay all the bills etc and we've worked out that we'll have more $$ when I'm looking after all the money as DF admits he's useless when it comes to controlling his $$ for bills etc not to mention saving! |
Posted By: Paws
Date Posted: 01 December 2008 at 12:08pm
|
We're the same as others here....all money earned is our money no matter who earns what. Everything goes into the joint account. ------------- http://lilypie.com"> 
|
Posted By: ElfsMum
Date Posted: 01 December 2008 at 12:21pm
|
sorry i haven't read everyone's replies...
firstly i generally (OMHO) think it works best when one handles the money...we are both crap with money.. so that isn't good but we make sure the bills etc are paid..we hav e a joint account..which DH was worried botu in the beginning as I spend more on crap but since we have had it it's been better.. he earns all the money and is fine with me spending it on what we need and other stuff I want but gets grumpy when i spend too much (which is fair enough) we really should budget as we don't get paid for holidays:( but anyway so all the money comes in and i pay the bills internet banking and do the shopping and he buys smokes (he doesn't drink anymore) when he needs them.. he doesn't really need spending money ..and we talk about buying bigger things(over 50$) together... i would struggle if he didn't do it this way as although he works ...I look after 'our' child which he admits is just as much of a job as his...:) though i do hate it that he earns all the money,... ------------- Mum to two amazing boys! |
Posted By: xLUCKYx
Date Posted: 01 December 2008 at 12:28pm
|
We have seperate accounts but is essentially joint.
DP pays the mortgage and any $$ left over is our sanity money. I pay all the bills and shopping and stuff like that. We basically share everything even though we don't have joint accounts. Works for both of us but at the end of the day I am the boss! hehehe :) |
Posted By: peachy
Date Posted: 01 December 2008 at 1:51pm
|
We are similar to Bel, revolving credit on the mortgage. Most of DH's pay goes into it and that pays for all our bills, family holidays etc. DH keeps a bit of money from each pay for himself and the little bit I earn each week doing our company accounts is mine to do whatever I want with, although it normally ends up being spent in Pumpkin Patch
We are definately a "team" in this house, there's no yours or mine, its always "ours" apart from the bit of pocket money we get to keep each week!! Yes he earns the money, but I "manage" the money, so its a team effort IMHO!! ------------- http://lilypie.com">  http://lilypie.com">
|
Posted By: Rachael21
Date Posted: 01 December 2008 at 1:52pm
|
Aww you guys are so cute Nikki.
Well Ben didn't used to earn very much so our WFF was only slightly less than his wages. I pay for food and savings and the rest is my spending money and Ben pays for all the other bills and the rest is his spending money. He now earnes way more and I get way less so hes started transferring money but it would probably be a lot easier with one bank account. |
Posted By: AzzaNZ
Date Posted: 01 December 2008 at 2:15pm
|
We have one income and a joint account.
DH looks after LO and the house and he's responsible for making sure everything gets paid on time (most of our bills are set up as bank payments so it isnt a lot). There's never anything left for spending so no arguments there. |
Posted By: Candkids
Date Posted: 01 December 2008 at 5:18pm
|
we have seperate accounts, i pay the mortgage dh pays the lease on the other buildings, and pretty much the rest gets payd by whomever gets into do it first most are by direct debit . i have a card for his account also
its just easier due to the business etc . . id soooooo hate to be our accountant tho! LOL ------------- http://lilypie.com" rel="nofollow">  DD 10.5yrs DS 6yrs DS 11mths 5 little angles watching from above |
Posted By: caliandjack
Date Posted: 01 December 2008 at 5:44pm
|
We have a joint account for the mortgage, rates and insurance. I pay the power, DH pays the phone.
We get paid on opposite fortnights, so we take turns to pay for groceries each week. We have our own bank accounts, from which I pay for the running of my car and cell phone, and DH pays for his. We contribute the same amount to the mortgage account, DH earns around 15k more than me per year. ------------- http://lilypie.com" rel="nofollow">   [/url] Angel June 2012 |
Posted By: pepsi
Date Posted: 01 December 2008 at 5:59pm
| Joint account. |
Posted By: kiwisj
Date Posted: 01 December 2008 at 6:01pm
We have a joint account here coz I'm not allowed to open my own  DH is also the only one with a regular salary so he has to share I am in charge of paying the bills and doing the groceries and all that, most of the time I even take out cash to give DH as spending money LOL. If I work and get paid cash then I'll use that for the groceries that week (or to justify taking more taxis than normal). But basically we don't think of it as "his" money, it's both of ours and we don't consult each other over day to day spending or anything.
Before, when I was working, we had our own accounts for our wages to go into but DH paid the rent and then I pretty much paid for everything else as it came up. When we did the groceries or major purchases together DH usually paid for those. That was before we were married, but we were living together. Obviously everyone has a different way of doing things for their own situation. My parents always had a joint account for household stuff and then their own accounts as well. One of my aunties and her husband kept everything separate and paid their share of the bills always, right down to only one of them owning the house and the other paying "rent". Different things work for different people - I guess the problem is if you think the way you're doing things isn't working IYKWIM ------------- SJ Callum - Dec 2008 Daniel - Oct 2010 |
Posted By: cuppatea
Date Posted: 01 December 2008 at 6:56pm
|
All joint and has been since we bought our house many many moons ago.
Sometimes I've earned more and sometimes (like now) he does. We have $50 each a week but we both have to pay for our petrol out of that, so basically it covers petrol and for me to have a coffee or two with friends and him to buy the odd lunch when he doesn't have leftovers to take in or just can't be asked. Other expenses like new clothes etc tend to only happen at birthdays or out of necessity. Out of the joint account we will pay to do joint things though, i.e dinner out, take out, cinema etc. We run to a fairly strict budget and all surplus money goes into savings and then it is a joint decision on how that is spent, although mostly it gets spent on stuff for the house or Spencer anyway. ------------- 
 
|
Posted By: ShellandBella
Date Posted: 01 December 2008 at 7:09pm
|
Everything joint here too...I have always earned more than DH, but as others have said, we are working towards a common goal so it doesn't matter who earns what. One day (hopefully not too far away) DH will be earning WAY more than I ever will, so it all evens out in the end. We are by no means frivolous with our money, pay our bills, buy Bella things, and if we ever get ourselves things we tend to spend equal amounts.
All housework and childcare is pretty much equal too. My parents went for separate bank accounts after they got back together after a temporary separation and their relationship has never been the same... ------------- http://lilypie.com"> 
http://lilypie.com"> 
|
Posted By: ElfsMum
Date Posted: 01 December 2008 at 7:45pm
|
I guess i just assumed most married people had joint account...? ------------- Mum to two amazing boys! |
Posted By: lizzle
Date Posted: 01 December 2008 at 8:19pm
|
we have separate. DH's parents did and I have no opinion about it really. we both have access to each other's account. i pay...food, phone/internet, credit cardand stuff from mine. he pays rent, insurance....a few things.
I get paid more than him but when we work out our fortnightly budget, we just put it together as "income" my aunt and uncle split EVERYTHING - to the last cent. i would find that very tedious. TBH Kandice, you have me a bit confused though. you say that your DP is crap with money (and it sounds like it) and that you are good, but in another thread you said that you were really sh*te with money and couldn't save money for xmas. Or did you mean that as a couple you couldn't? Sorry, just to give advice, i like knowing all the info - just nosey I guess. |
Posted By: MissCandice
Date Posted: 01 December 2008 at 8:38pm
Hmmm how to explain. I like to save for good things, like my laptop, my new camera, video camera, holiday etc. He on the other hand, sees $200 as a measly amount and may as well blow it so buys copious amounts of ciggerettes, drinks and lunches. Where as i like to buy 'things' and usually things e need, or things i can play ith them sell on for the same amount. I do have a shopping problem, but i buy useful things, like a seing machine to fix my clothes instead of buying ne ones. ------------- ~ Mummy to a beautiful girl ~ |
Posted By: MissCandice
Date Posted: 01 December 2008 at 8:40pm
|
Another way of putting it, id rather have no money for a month and a new car, than luxary takeaways, munchie food, dinners and stuff.. IYKWIM ------------- ~ Mummy to a beautiful girl ~ |
Posted By: Glow
Date Posted: 01 December 2008 at 8:43pm
|
Our income is shared/joint. Im the finace officer in our house as I seem to have better spending control, DP is generally really good, makes his lunch, very really drinks/smokes, his hobbies aint that expensive! And Im as cheap as chips to run! ------------- Mummy of Two Boys B: 2004 K: 2007 |
Posted By: SMoody
Date Posted: 01 December 2008 at 10:13pm
|
The money comes into the joint account. From there I make sure bills get paid. Savings go over to another bank. Grant gets his pocket money and my pocket money plus the food grocery budget goes over to my account. Then extra money for extra expenses and holiday money goes over to different accounts and then I pay McKayla her money from my account.
We both sit together every 4 months or so and I show him the budget. What stuff is coming up and how I am changes the budget. I also show him how the actual budget compared ect. So we see what we can adjust when needed ect. Grant is the only one bringing income in but we would do it this way whether he is the one earning, or me or both. ------------- http://lilypie.com"> 
http://lilypie.com"> 
|
Posted By: Jennz
Date Posted: 01 December 2008 at 10:47pm
His money is our money and my money is my money   But in saying that- the majority of the stuff I buy with my money is for the girls! Or stuff he wouldn't 'let' me buy with our money- like handbags ------------- Jen, Charlotte 7 & Kate 3 
|
Posted By: TraceyA
Date Posted: 02 December 2008 at 11:34am
|
DH and I have never understood separate finances. We had a joint bank account within a few months of going out and moving in together because it was just easier then splitting everything up. We also took turns at working and studying or taking time off over the years. Now we live with a friend and her son and we all have a joint household account to pay all our bills, rent, school fees, everything. We have a joint savings account to go towards big things (like our Kenwood Chef mixer and our uba energy efficient freezer, we are also saving to purchase a farm all together).
We all get $100 a week spending money (for anything like purchased lunches, takeways, clothes (although I get to buy maternity wear out of the Baby fund), anything frivolous or non shared). I guess we are socialists in many ways, we are very pro shared resources with all our friends and family and believe that life is much easier and happier when you have a strong community around you. ------------- TTC #2 |
Posted By: Millie1976
Date Posted: 02 December 2008 at 1:38pm
|
I haven't worked in 2.5 years but when I was earning money I would contribute about 1/3 of my fortnightly wages towards the mortgage and that was it. DH is very generous with money and he earns three times as much as I did so he thought it fair to pay for everything else. Even now that I am not earning I am able to spend money on myself quite a bit and never get any complaints. I am not a big spender though DH always said to me also that since we have had children together that what was his was mine too. He even owned a couple of properties on his own before we got together and since we have married he said that I am entitled to half so I am pretty lucky really ------------- Sebastien 2 years old Olivier 3 3/4 years old |
Posted By: Millie1976
Date Posted: 02 December 2008 at 1:39pm
|
Forgot to add that we did have separate bank accounts initially but now have a joint account as I am not earning any longer. ------------- Sebastien 2 years old Olivier 3 3/4 years old |
Posted By: caraMel
Date Posted: 02 December 2008 at 2:07pm
|
All joint here too. ------------- Mel, Mummy to E: 6, B: 4 and: 
|
Posted By: Daizy
Date Posted: 02 December 2008 at 2:14pm
|
We have just joint our accounts. Not thats its changed the way we spend. It was just easier to see exactly what we were spending. We both seem to just whatever, except when it comes to big things we usually chack its ok with the other first. We are both not too bad with money so dont have too many problems. We are trying to stick to a budget so at the begining of the week when we do groceries, we take what ever is left from $200 out in cash and split it in half to use for the rest of the week. For bigger things like petrol we both put in some of our cash, and takeaways seems to be by who ever has anything left. I dont really think of it as his money as hes the only one earnig it because Im the one that has chosen to stay and look after his kids so he can work. We are all one unit and the money is for us all. ------------- 
 
|
Posted By: GuestGuest
Date Posted: 02 December 2008 at 4:51pm
|
Up until a year ago we had separate accounts, now we have a joint account and run the household like a business - we even call it S & G Ltd I would really recommend it because there seems to be less arguments now about money because we can both see where it's going easily.
We have two incomes and I do all of the budgeting in Excel (with pretty graphs and everything - I'm not that busy at work!) We get "pocket money" to spend each week but then we talk to each other if either of us want to buy big ticket items - like I want a Wii for Christmas....... Part of our mortgage is revolving credit so all expenses go on the credit card which we then pay in full each month. It really helps keep the interest down on the floating mortgage |
Posted By: gemsmum
Date Posted: 03 December 2008 at 6:25pm
|
Everything joint here too. Has been since we got engaged (about 5 months after we met!! ) ------------- http://lilypie.com">  
|