Quote:
Originally Posted by Caoineag
So for the past year, we have only a joint account that I control. He's happier because he was never really good with the finances and I am happier because there is no more nasty surprises.
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That reminds me of a former co-worker of mine. She slipped and revealed that her husband controls all of the money and gives her an allowance. This came about because she was terrible with money and frequently bounced checks, forgot to pay bills, didn't save for retirement, etc. They
mutually agreed that he should control the money. In her own words, she was much happier this way because she was frustrated by trying to manage her finances and she trusted her husband (they have been married for 35+ years. Plus they are now financially comfortable. Other co-workers were aghast; how can you hand over control of your paycheck to a man, etc.
I say if it works for you, then go for it. If both parties' needs are being met and you both agree to it, then separate or joint, it doesn't matter. By the way, my hubby and I are separate all the way.