07/12/2020
My ex-husband is a Scammer
My ex-husband and I agreed that it would be easier to save money if we put all of our household expenses on my salary and let him do the saving, big purchases, and tax bills with his salary. We’re divorced and he stuck me with half the tax bills he never paid. Oh, and all that money he was saving... Yeah I didn’t get any of that either. His new wife got a nice ring and a honeymoon, though. © flyingcatpotato / quora
Lessons:
Both people in the relationship need to stay educated and in the know when it comes to money. So if you need to leave a bad situation, it’s that much more difficult to do if you don’t have any of your own money. Not having some money of your own can lead to having to stay in unhappy (and potentially dangerous) situations because you don’t have an out. There are a number of ways to split bills based on income or a way that what works best for relationship.
Here are some tactics for splitting finances when married.
1. Both of paychecks should deposited into a joint checking account
2. Bills should automatically paid
3. Transfers should made to different joint savings and investment accounts and each of individual retirement accounts
4. An automatic transfer is done to individual checking accounts for each other. Get an equal amount transferred to the checking each month and can choose to spend it (or not spend it) as you please.
5. You can free to spend what’s left in your joint checking on what you need and want for the remainder of the month (rent, groceries, eating out, entertainment, etc)