We Have A Problem Splitting The Bills!

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I started listening to Dave ten years ago, shortly after we got married (in our 40s). Dave's advice on combining our money has been incredibly beneficial for our finances and our relationship.

elizabethallen
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Rachels facial expression in the beginning was priceless!

joysilas
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My husband and I worked on our budget before getting married to see where we could afford to live, we added up both incomes to know how much money WE would have. It never occurred to "split" bills.

username
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I swear people get married for the wedding. The whole point of marriage is to be one. If you dont like to share your money, dont get married.

Silented
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Dude, Rachel's face when she's laying this out is priceless! 🤣

yukoncharlie
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I love it when I already know Rachel’ and Dave‘s answer before they give it. I’m hoping to graduate sometime soon. 😬

mickeydougal
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Man I am so glad I have the husband I do. Have always worked until our babies were born, first I went part time and then became a full time mom after my second. Never ever ever has he ever made me feel like it was “his money” it’s always been “ours” … because it is.

maryt
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Totally agree with them. I make most of the money but it all goes together and we both have the same say.
I will add part of the reason I am as successful at my job is when I had to put I long hours my wife was there to take care of the children.

mikeshaw
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Their advice is so fundermenral, but so very correct. You get married and it is all one pocket.

DominickSpano
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Marriage is a beautiful thing, being single is a beautiful thing as well.

Jacob_Israel
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It never occurred to me to split anything when I got married. You become one in every single aspect.

myyt
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Definitely ok to join accounts if they both know how to manage it and create good progress to financial independence.

trainsandlocomotives
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Why did you get married? My wife and I have always pooled our money regardless of how much each other earned. And we have never argued about money, we discuss large purchases and don’t get hung on the little things! She pays the bills and I balance the checkbook so we both understand our expenses. We have been married over 45 years! It has always been a shared adventure in everything we do., never me or I but always we!

dtom
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Rachel’s sweater looks phenomenal on her. That color 😍

laurenlore
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I personally will suggest separate accounts if one of us have spending issues.

Geedid
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50/50 splitting finances seems like one foot in one foot out

jesseeec
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Everything should be deposited into that joint account. You don't divide things by percentages going in and then going out. Now if you want to transfer out sums for hobbies and discretionary spending, then have at it. That should come after the money hits the joint account, not the reverse.

aboutwhat
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The key to financial success is communication and transparency.

ronaldnichols
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Marriage really is a business merger. My husband and I have a joint account and all the checks go to that account and the bills are on auto pay out of that account. We also budget spending amounts that also get auto transferred into our personal accounts. But we still both have access to the joint checking for food, entertainment, travel expenses, etc

LinzyLinz
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Dave looking so proud and enjoying Rachel's responses.

kellyhou