How Should Married People Manage Their Money?

[big_prev]

Great advice! My wife and I have been doing it exactly as you described and it’s been working since day one. This November will be 20yrs btw so we didn’t just start 😂. I really hope more people take the time to listen and take your advice.

[TheThomasMom]

Been married 18 years, this works for us! There are times where the discretionary amount changes because of our current goals, but this system stays in place.

[tajonmitchel]

Exactly this is a great way to save money. But also a cool way to have a way to buy each other gifts and spoil each other while keeping things a surprise.

[bergetterichardson-moore]

I been married now for 38 years, my husband has been the sole provider, but if by chance he is out of commission for some reason, I have always fall in line and kept us where we need to be until he picks it up again, I get all I want and need out of life and we have been great with that plan from day 1...❤

[ladyt]

My husband and I did this same principle and it worked so great!!!! I could buy him something without him knowing what it was. The money we set aside from our totaled income worked well in separate accounts, like in his scenario

[tricia]

That’s how my marriage was set up, recent widow here. This worked beautifully for our marriage.

[supremesteam]

i agree with everything he saying, Money commucation is the key

[lakeeshacarter]

I totally agree it works great for my 28 year marriage and we can both see what’s going on in the joint accounts

[MorgansSecondChance]

I love how people who have never been married give advice ! 😂

[sd]

Ummm its up to her how she spends her saved personal money. Buy the purse that you saved up for. Nothing should be said by him if the money came out of her account. Can’t have it both ways. It’s other discretionary or it is not. If it is discretionary keep your mouth shut. Be happy you have partner that has the ability to wait and save.

[alonzosmith]

Agree to Disagree, married to my for 30 years together for 39 years. We have joint accounts shared credit cards. There is 100% trust between us. I created the speadsheet that shows the joint monthly income and all expenses and entertainment expenses. Trust is the key.

[mrcarterfx]

Joint accounts make paying house hold bills way easier

[theeTJ]

My parents will be married 44 years in a couple of months. Together 47. This is how they did it and it has worked beautifully! My dad is responsible for providing the home, utilities, and making sure my mom had a modest form of transportation. My mom pays for groceries and other household expenses. My mom loved to shop for clothes and furniture but she always bought that with her own money! If she wanted something, she’d pick up a couple extra nursing shifts to pay for it. Even home remodeling projects she wanted for whatever reason. My dad is practically a carpenter but my mom bought all materials and any tools he needed to get the job done. My dad loved to buy farm animals and auto parts and he paid for that out of his personal account. ❤

[Beavers]

Married for 17 years, we’ve always had separate bank accounts and he is the breadwinner. He pays 98% of the bills. I get my hair done my nails done and I buy designer and love to shopping. Often we go 2-3 vacations a year. We are childless by choice and it works for us.

[purplesoul]

Steve said this years ago. It's great people still like to surprise one another with their savings❤

[gregls]

Good advice. Never been in that situation. had a quality Woman with similar vision

[everinvest]

Taken marriage advice from someone who never been married? Mofos got the answer to everything these days.

[Teffy]

That Burberry shirt is very nice! Close to a 100k think I’ll treat myself to one when i hit it. 😊

[sabrinajackson]

Amen, I agree! Even though we're married, there are still things we want and need as an individual and this is a great way not to have conflicts in our marriage 😊

[riri]

I love this I definitely agree. As a woman soon to be married. I always feel/ felt I need my own outside of my husband, marriage. Always have your own money even if you have joined account!