Brightside2016
Registered User
- Messages
- 3
Wife's salary is paid into her personal account, and no money is transfered into joint account.
I have no idea about ins/outs/balance of her personal account.
While I do not see anything wrong with current setup, I probably can't see the woods from the trees, ?
Thanks.
If one spouse earns substantially more than the other, and keeps most of his/her income back, that is wrong in my view. It's a partnership, with each partner contributing more than just money.
Obviously not an ideal scenario MFI but in my own case (which I don't think is unique) my wife has no interest in being involved in the financial side of the household. She readily accepts that she has no grasp of budgeting and I an left to totally manage all household income/outgoings.From a family lawyers point of view, I am horrified at the idea that a spouse takes virtually no interest in the financial management side of their relationship. Everybody, without exception, should have a grasp of money in, money out, with a plan for rainy days and long term issues like childrens' education and retirement.
We have a joint account. I earn the money and my wife gets value for it. I have little interest in money otherwise. If it were me (and I was married for richer or poorer) I'd close my account and revert to the joint account. I'd suggest that she might do likewise but I wouldn't make it a deal breaker. When she 'stopped working' for 10 years I suspect that she may have been working harder than you. As an aside, one of my kids needs ortho so I asked my wife if she had any running away money with which to pay of it . . sadly no.Claim being that I am trying to control her spending, and trying to stack up money for my own, that I spend as i want but she can't.
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