Love Question 14
Thursday, July 31st, 2008I was wondering when the topic of money was going to come up…
From Short Sweet Love Poems…
Let’s talk about money this week, shall we?
We all know that different people have different perspectives over money. Some are pretty insecure and make it a point to try to account for every penny their partners spend. They insist on a joint account and money to be pooled together.
Then there are others who have this thinking that what is mine is mine and what is yours is yours. In other words, they maintain independent accounts although they may have an understanding of who pays for what.
There are certainly pros and cons to this issue. For instance, if you pool your money together, you are taking steps to save for the future. On the other hand, if you have separate accounts, there is not much pressure to account for money spent which may be better for the relationship as a whole.
For Love Q #14, let me pose this: Should you have a joint account with your partner? And should you keep tabs on what he or she may be spending on?
I don’t think it’s absolutely necessary in a relationship to have a joint account with your partner. I do with my partner in part because we needed ways to prove that I was really here for good in my Spousal Visa application. It’s also convenient in that our shared account is our shared expenses account – like groceries. I can pick things up, he can, or we can.
I think what is important is not to have *only* a joint account. You need to have your own personal account as well for freedom and a sense of privacy.
I don’t think you should keep tabs, but that’s a matter of trust in the relationship. My husband trusts me to pay my bills (student loan, medical) with what I earn. I trust my husband to pay our household bills with what he earns. The rest goes in our shared account, and a little bit to each of our personal accounts.
Keeping tabs is, I think, a way of saying you don’t trust the person. And if you can’t be open and honest even along the lines of, “I use about $__ a month just for comfort stuff for me” and be open for discussion, then something is wrong there.





It seems the fun isn’t quite yet over at 451 headquarters.
Last week for
Today, on one of the major Boomer Women Forums there was this lengthy discussion about dating. I don’t know if they all drank from the same well or bit into the same apple but the negativity ran rampant. 