Quote:
Originally Posted by nkthen
Me and my wife have one agreement: We manage our own finances. No common account. Sometimes we even go to the extend of "I lend you money, remember to pay it back"
My friends think that it's a strange arrangement. To us, it's a total trust of each other that we will manage our finance well.
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How do you divide expenses: 50-50 or proportionally based on income? How do you handle retirement savings? How about vacations? What if one of you wants to take a particular trip but the other feels they can't afford it? Significant purchases like cars, furnishings, etc.? What would you do if one of you was unable to work for a time? What if you had a kid and one parent decided to stay home with him?