How do you decide who pays what? Do you have a joint account and have one person pay the bills? What about the difference? I just started back to work after my baby turned 1, my husband and I are having a hard time with money management. He thinks I don’t pay enough bills. Please share what has worked and what hasn’t worked for you. Thanks.
2-income households, how do you handle finances? What works for you when both husband and wife bring in money?
Posted on 07 June 2010 by admin
How do you and your partner handle finances and household expenses?
Posted on 04 June 2010 by admin
Just wondering what works for others.
For me- My husband and I are on eachothers checking accounts (w/ same bank) but spend ‘our own’ money. We have a shared savings account.
He pays:
mortgage
car payments
cell phone
car insurance
his credit card
i pay:
water/sewer/garbage
electric
power
cable/internet
my credit card
and as far as daily spending, we spend from my account in a ratio of 2:1 with his account.
if he wants something, he buys it. if i want something, i buy it. we generally discuss purchasing any single item that costs more than 100 dollars beforehand…but we dont really discuss individual purchases.
What works for you?
It seems like I’m almost alone in that we don’t really have a combined account. We bank when bank of america… so when I log onto our online banking… I see : my account, his account, our account, although they are all “ours”.
we manage our finances together- but we keep them seperate.
Married couples…who handles the finances in your household?
Posted on 03 June 2010 by admin
Paying the bills, reconciling the checkbook, maintaining the finances, etc. Is it a joint effort or is it one or the other’s responsibility?
It isn’t a problem for us, my husband is in the military and usually always deployed so I have to handle everything to include children, him, and a full time career. My sister-in-law is going through a really tough time because she doesn’t know how to tell her husband that they don’t have money in the bank when he asks to do something or buy something. She’ll skip a bill or go get a small line of credit and then they are just in the hole. So he’s taken away all of the finances and accuses her of not being able to handle anything at all (she’s a SAHM) if she can’t even handle that simple task. I don’t think finances are always just so “simple”. We have two incomes so it is easy for us, but we bail them out of a lot of sticky situations because they couldn’t handle their properly.
On household management and finances?
Posted on 27 May 2010 by admin
Should I give in and hire domestic help for the other house, or should I look at renting it out, even if it causes damage and prevents me from selling for at least two years, as I want to offer a two-year lease? I might offer a chance to break it more easily or for a simple sublet? Should I take care of it myself?
I am quite happy with the cabin but I don’t want a burden on my financial portfolio, what with the other condo. There is a two percent property tax I could defer till retirement and possibly till death when the amount is taken off the estate. I could also lease it for two years, then sell and pay the money. However, I am worried about a drop in real estate prices as the base-selling price average is dropping? What should I do? I don’t use it that much, it is more of a storage space, but we hardly have room here. I suppose we could have a garage sale, but my wife is a packrat.
Do you have any advice about the management of several properties?
yes if my wife is in another country and i take care of her finances can i file taxes as head of household?
Posted on 26 May 2010 by admin
even she is not us citizen yet
also she is not a citizen yet, and she had no income apart from me so can we file jointly if she has nothing to report or do i have to file married and seperately
I need help with college finances- what do you recommend and where?
Posted on 22 May 2010 by admin
I have never used funding- I paid cash every time.
Thank god. Yet its the last two years and I need help now.
Finances factor into students’ college concerns
Posted on 20 May 2010 by admin
Finances factor into students’ college concerns
Red Bank senior CJ Davis said his parents agreed to pay for half the college tuition that remained after he earned merit and financial aid.
Read more on Chattanooga Times Free Press
Is using money budgeting software, like quicken, beneficial to help get your finances under control?
Posted on 14 May 2010 by admin
should i divorce wife for not contributing to household finances?
Posted on 23 April 2010 by admin
My wife has a college degree and our children are 17 and 14, both doing fine in school, etc. My problem is that while I have worked consistant 40-70 hour weeks for the past 15 years, she has not worked and refuses to get a job even though the kids are old enough to be left alone (we both decided for her to stay home when they were babies). I own a business and last year that business lost a lot of money and that’s when the issue came up, although I have encouraged her to go get a job or work at my (our) office for the past 4 years. I am stressed out and feel like she is not helping at all. I do most of the cooking at home and I resent her because she seems to only do what she wants to do and nothing for me and very little for the kids. Your thoughts would be appreciated.
Who handles the finances in your household?
Posted on 23 April 2010 by admin
Follow up question: Do you pay bills online, or mail out checks for everything?
