financial issues

Philippines
March 26, 2007 9:11am CST
As couple how do you manage financial problems? Any tips? Do you own your money or share it with your partner? Are you the type of partner who hides some money? Please give me you insights on this. Give me also tips on how to resolve financial issues in the family.
1 person likes this
2 responses
@mitchb (256)
• United States
26 Mar 07
We pool our money. We believe a marriage is the joining of everything. We make little purchases without consulting each other but anything of consequence is a joint decision. We sit down periodically to go over our monthly expenses and if we experience any difficulty (quite often it seems lately) we decide together how to handle it best. Not hiding from the family finances from each other helps with trust and keeping the stress shared between us.
• Philippines
1 Apr 07
Nice tactics. I hope we could manage to do the same thing.
1 person likes this
@mitchb (256)
• United States
2 Apr 07
Thanks for the BR tag.
@Anakata2007 (1787)
• Canada
31 Mar 07
it's hard to give tips on resolving issues if you don't say what the issues are. The best thing is to write out a budget and stick to it. My husband and I have our own separate accoutns but the main account is our joint account, every time we get paid I put in 40% of what we need to make ends meet and he puts in 60% we need to make ends meet. He makes more money than me.
• Philippines
1 Apr 07
We are trying to do the same thing as of the moment, writing and having specification on how much should be spent.