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MyLittlePegasus87 OP t1_j6n6365 wrote

Reply to comment by wickedkittylitter in What to do with 10k raise by MyLittlePegasus87

I suspect this is more of a him problem than a me problem, though I struggle with it, too.

For example, I suggested that now that we are a team, maybe we should give a heads up when making a large purchase. My threshold for a "large purchase" was $300 and he didn't think we should need to tell each other unless we were purchasing something $5000 and above. Also I only just got him to give me visibility into his accounts last night so that we could come up with a budget.

Like I said, we are newly married (a few months) so we are slowly trying to wrap our heads around everything being joint.

We just started having nightly check ins and weekly budget discussions, so I can bring up the idea of me putting it more, based on our percentages of income.

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dmaxd123 t1_j6n7jw1 wrote

normally i would say just throw all the funds in one account and call it good. once that spending issue is cleared up and everyone is on the same page, then it can just be a simple all in throw the money in one account and be done but until then i think transparency but discretion.

unless he has a lot in his separate savings account the fact that he thinks spending the whole joint account without warning is a bit concerning financially.

since you have a house & other short term goals I would just put the bonus in a HYSA. you have enough in savings for the short term so if you say the house is a 7-10+ year goal to purchase then there is nothing wrong with a brokerage account to roll the dice that you can turn the bonus money into a bit more

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MyLittlePegasus87 OP t1_j6n8054 wrote

He does not. I have slightly more in savings than he does, but we're not too different. I think it's the shift in mindset of being independent for the first 14 years of adulthood to suddenly being a team that we are grappling with.

Yeah, I'm thinking the HYSA is the way to go right now for the liquidity. And the rates are not bad right now!

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