Love Marriage And Money

Posted on December 23, 2007. Filed under: Financial Issues | Tags: , , , |

Now that you are married, how will you deal with your finances? Should you have your own a/c or a joint a/c?

Prudent say, you should have your own secret a/c and a joint a/c. In life, nothing is guaranteed. You do not know if your marriage will last the distance till death separate you apart or you could be sleeping on the streets with just your clothes on your back one day.

After paying the bills and putting money away for retirement, any left over or balance will go into your private a/c .This is your insurance money should anything happen to you or your marriage.

Women can be good financial managers and there are cases where the wife squirrels some nest eggs without the husband’s knowledge.

You cannot depend on the men to save. A marriage is like a business partnership .What he earns is not all his but 50% of his is yours by right as his partner. It is alright to take half his money.Some women take more than that .

Whatever you brought along before marriage is solely yours and for the children, should you leave this world suddenly. Transferring to the man would be a grave mistake.

Most women should say,” What is yours is mine and what is mine is all mine. “ LOL! Power to the women!

Credit and thanks to;

http://justwoman.asiaone.com/Just%2BWoman/About%2BMe/The%2BLaw%2B%2526%2BYou/Story/A1Story20071210-40395.html

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3 Responses to “Love Marriage And Money”

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I wish you the best of luck. Here is my experience: I was married young and we shared accounts and split everything. When we divorced, he cleaned out our joint checking account; there was under $2 and I didn’t have money for food. He lied about paying taxes, ‘just sign your name!”. The IRS had trouble believing I was an ‘innocent spouse’.

That said, in my marriage today, with a man I adore who has been divorced too, we have separate accounts and budget/contribute cash for things we buy together. We file taxes married separately. It works for us.

Having your own money, in your own accounts, credit lines, is imperative and I know you won’t be dumb like I was.

Laura1318; Thanks for your input.Only the wise know and do the smart thing .

Amazing the way you put it. But I do disagree on certain counts. Marriage (no, I haven’t gone through the ordeal yet) is based more on trust. I believe in keeping things transparent.

And how can any newly-wed even doubt that your marriage will not go all the way?

Laura1318: What you said is true. You can trust on many things but on money matters , it is better to trust only yourself. We all learn from the mistakes of others.When we get married , we don’t expect our marriage to fail but there are things which are unforeseen and it is better to be prepared for any eventuality than to be caught unaware and unprepared

Just like they built the Titanic and claimed it unsinkable. Nobody could have foreseen that tip of those icebergs.Marriage is fraught with many dangers which we may not be aware. To have those safety boat is a necessity of survival..LOL!

[…] unknown wrote an interesting post today onHere’s a quick excerptAfter paying the bills and putting money away for retirement, any left over or balance will go into your private a/c .This is your insurance money should anything happen to you or your marriage. Women can be good financial managers and … […]


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