This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Signs Of Financial Relationship Trouble?

The worst part was - I thought - it set up a weird dynamic between us. When I came to him to ask for money, it gave him a lot of power to say “no” if he thought my use wasn't a good one. Because we don't talk every day, I would have to save up my money talk for when we did get a phone call, leading him to say (when he was feeling dramatic) that I only ever wanted to talk to him about money. The problem escalated as the months went on, until we came to a kind of agreement about a budget he'd give me, and not ask how I was using it.

A better solution?
It's still not perfect. He thinks I don't need as much money as he sends me, no matter that I beg him to ask his friends how much their wives spend on food, babysitting, transportation, clothes… (which is kind of cheating, as I spend virtually nothing on transportation and clothes); I think his structure is only going to continue to cause this unease between us. I can't deny that it's nice to have him paying the major household bills. And it's certainly my goal to make enough to pay for all the groceries and babysitting my little heart could desire; I do, some months, and those are so much easier between us.

Separate accounts can work
I really do believe that separate accounts can work; but only if either:
  • Both partners are making enough to meet their individual needs and one is making enough to save after the bills are paid; or
  • Both partners are almost perfectly aligned in their spending values.

I'm hoping I can manage to make #1 happen, because I'm fairly sure #2 is too far in the distant future to count on. How about you: Have you made a joint account work? Do you fit one of these two categories or do you have another one I should add to my list? If you've had separate accounts and it hasn't worked out, did you find a way to solve the problem?

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs