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lamped86 t1_j9v35pr wrote

Reply to comment by resetmypass in LPT: Maintain separate bank accounts when you get married by The_Stein244

If each spouse puts, say 90% of their income into a join account and the other 10% is theirs to spend as they will, what happens when one spouse makes a significant amount more than the other spouse? Can't see a marriage lasting too long in that situation.

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resetmypass t1_j9v64f8 wrote

I think you need to have an in depth conversation about how to split the percentages into the joint and individual accounts. But once that’s done, the rest is easy.

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lamped86 t1_j9v7fp6 wrote

I don't know how that could be achieved without it being unfair to the one spouse who has to give up a higher percentage of their spending money.

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resetmypass t1_j9v8l2t wrote

As an example, one couple I know has the husband making significantly more. The husband contributes 80% of their earnings so that they both can live in a nice apartment in the nice part of town. The wife contributes 50% of her income and keeps 50% so that she has a similar amount of personal spending. They discussed this and were fine with it.

I think after making this one decision, they no longer have to have discussions each time someone spends more than x amount for a completely joint account

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Carpsack t1_j9vbq66 wrote

If two people who are married can't work out an equitable budget split they probably have bigger issues. The whole point is to discuss and work out what's fair.

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lamped86 t1_j9vc633 wrote

I'd say a marriage who keep their finances separate probably have bigger issues. The whole point of marriage is to become a union.

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Carpsack t1_j9vcshl wrote

I didn't say anything about keeping finances separate?

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