Quote:
Originally Posted by Niamh.
We have a similarish set up, we have a joint account for bills, savings etc and we each have our own accounts because you need to have a bit of spending independence I think (i know that it's a bit different if only one of you is working though) So technically we each have our own money as well as joint money but in reality it's still all ours, neither of us would ever be stuck for any reason
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Yeah our money management is totally different in that sense since my wife started working full time, it works because we have a similar amount of excess income these days, I don't think it works if there's a large income disparity. I've seen married couples where both are working, but one earns significantly more, but they still treat the excess incomes as completely separate so one is like "oh can I afford to spend £100 on some new clothes?" while the other is out buying a £1000 sound system (an actual scenario I've seen!).
I personally don't think that can possibly be right for anyone.