Marriage and Finances: Never Ask How He/She Spends His/Her Money

by Vinaya HS on October 1, 2010

in Finance

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I never ask D how she spends her money. Neither does D ask how I spend my money. So long as we’re on track with our financial goals (individual as well as shared ones), we’re free to utilize our respective free cash flow in whatever way we want to. No questions asked. We don’t pool our income and we have no plans of doing so. I earn, fund my/our financial goals, I spend/save/invest. She earns, funds her/our financial goals, she spends or asks me to save/invest. Simple.

A foundation for this philosophy to work, however, is that you need to know and trust the financial habits of your partner.

How does it work in your household?




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{ 1 comment… read it below or add one }

herge October 1, 2010 at 11:01 PM

Even if you don’t trust the financial habits of your partner there is little you can do! Unless there is the danger of his/her debts spilling over!

If you know the financial habits of your partner you dont need to ask him/her how their money is spent!! LOL

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