I’m a happy singleton, so I don’t know much about couple or relationship finances. I won’t let that stand in the way of an opinion though 😉 .
As far as I can tell, there are three main options (with variations) for the practicalities of joint finances:
- totally combined finances, one pot where all the money goes
- totally separate finances, two (or whatever) pots with each person paying their share
- mine, yours, and ours finances, one pot for joint money plus separate pots for each individual
I’m a deeply independent person, I can’t imagine wholly combining finances with another person, the closest I’d be likely to go was mine/yours/ours but I’d probably want to have quite a bit of control over the system.
As I say though, I’m single, so I’m throwing this out to everyone else:
How do you manage joint finances, and why?
Image by Hamed Masoumi
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