Monday, October 5, 2009

Is Your Money Really My Money?

While growing up, I often heard, "God bless the child who has his own."

This applies to cars, homes, clothes, education, food and particularly money. It is important to be self-reliant.

In relationships, particularly marriages, I find it interesting how money can cause a world of trouble.

One person may be better than the other with money.

One person may make more than another.

But because money is said to be one of the top reasons for divorce, how can two people with seemingly different ideas of how to spend and save money end up on one accord?

Even more than that, how can two people really consider their paychecks each others and truly share unselfishly? I think that this comes in to play even more when one person makes more than the other.

In a perfect world, I would make $200,000 and my significant other would make $200,000 and we would split everything down the middle. I picked 200k because it is an even number and I think that type of cashola would allow me to do some thangs :)

Butt errr uhh even if two people make the same, one person may have more debt so one person is not getting an equal share of the pie.

Any who.

There are several different recipes for financial success and failure in a marriage or committed relationship.

While married, I remember proposing an idea of putting all the money in one account, paying the bills and then divying up what is left over after a certain percentage is set aside in a savings.

I thought it was the perfect recipe, but it was never used.

The recipe I'm more familiar with is you pay the mortgage and gas and your personal bills and I pay utilities and car insurance and my personal bills.

This doesn't sound too bad either and it allows a little wiggle room with expenses which can be good and bad.

But when marrying a person, does one want to take on the debt or the responsibility of helping the person they love pay their bills? Is it seen as a long-term plan in which we can take care of this now and have so much more later? Or is it more of a selfish thing that my money is my money and your money is your money?

Tell me.

Happy Relationships!

2 comments:

  1. It always seems short-sighted to me when people don't share money in marriage. It's fine to say, "Well, I'm better at saving than he is."

    But how is that supposed to work long-term? "Well, honey, I've really enjoyed our life together. But *I've* saved enough to retire to the beach. *You* saved enough to move into our kids' basement. I'll send you some post cards!"

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  2. That is hilarious Anonymous and I know you :)

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