I’m doing it. I’m talking about it. Stop squirming, it’s going to happen.
The other day my sister and brother-in-law suggested finances as the next topic for the Married Life column. And I actually thought it was kind of brilliant, because it’s something that no one really talks about, as it can be a touchy subject in public circles. But I definitely think there are things that we can discuss here without airing everyone’s dirty laundry! So let’s get down to it. If you’re married, how to you handle your finances?
Here’s the real deal, guys: Mr. Lovely and I don’t have a joint bank account. After we were married, absolutely nothing changed with regards to our finances. We still split our rent right down the middle. At the grocery store, we sort of take turns and it pretty much evens out. At lunch or dinner, sometimes he pays and sometimes I pay. And this works for us! I’m not really sure why — it might be because both of us were so used to managing our own finances for so long that it’s just comfortable this way.
The funny thing is that even though our finances aren’t linked, we always consult each other before making purchases anyway. Especially larger ones (although we are pretty frugal and very rarely spend a ton of money). It’s not that we are looking for permission. I just consider it our way of managing, our own little system of checks & balances. So even though our money isn’t joined, our decisions are. And while it might not stay this way forever, it works for now.
So what about you? Did your finances change once you got hitched? Do you have an unusual process for your finances? Or does it make you squirm to talk about it? I’d love to hear! xoxo