pking@uiucuxc.UUCP (11/19/83)
#R:utcsstat:-143300:uiucuxc:21100002:000:1507 uiucuxc!pking Nov 18 10:36:00 1983 i have to agree with keesan, how a couple manages their money tells alot more about how they feel about money, than how they feel about each other and how well they communicate --- for those of you who have never tried it one of the great nightmares in any relationship is trying to have one checking account with both people writing checks from it --- who has the checkbook today? who spent what from it and for what??? it is virtually impossible unless only one party does the writing of the checks and the carrying of the check book for this to work really well --- and i personally feel that many arguements among marrieds is about money (or lack of it) -- we have three checking accounts kind of your mine and ours thing --- one for our money ie paying the bills and household expenses, kids shoes, clothes, school etc. and then we each have our own -- with one person keeping track of the "ours" account but both of us able to write checks if the need should arise. this works extremely well for us, but i would hazard a guess that it wouldn't for everybody and that;s the key --- you should discuss money management with your partner and do WHAT WORKS BEST FOR YOU!!!! not what someone thinks you should have My own personal flame THOSE WHO THINK YOU HAVE TO HAVE A JOINT CHECKING ACCOUNT TO PROVE YOU COMMUNICATE WELL IN YOUR MARRIAGE ARE CRACKERS!!!!! IT JUST DON'T WORK THAT WAY!! There is probably more communicating in a marriage that has separate accounts!! end of flame
wombat@uicsl.UUCP (11/21/83)
#R:utcsstat:-143300:uicsl:16600001:000:802 uicsl!wombat Nov 20 13:52:00 1983 We have a fast and loose two-pot system, I guess. Since he makes about 4 times as much as I do, he pays bills and house payments. I buy groceries and usually pay for mail-order books. None of that receipt-saving and such every month. For large expenses, it varies, depending on who has how much money at the time. He paid for the car. I paid for the kitchen table and the sewing machine. Some of this will change when I graduate and we both have real jobs, though. It also helps that income exceeds spending by enough not to have to budget or any of that other gross stuff. We also would like to start a business in 5-10 years, which will certainly affect how finances are handled. I doubt that there is any single 'best way' for a couple to handle money. Wombat ihnp4!uiucdcs!uicsl!wombat