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Tilted Cat Head
Administrator
Location: Manhattan, NY
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Quote:
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Originally Posted by abaya
Gilda, how did you and Grace come up with this great plan? I really like it... you've outlined a very fair and equitable way of managing finances, as far as I can see it. Even though your salaries are disparate, you pay for all joint expenses based on percentages earned... but you also can't "out-spend" each other since your allowances are the same. Thank you for the clear explanation of your approach!
Communication, communication, communication. At this point for the OP, I'd say that the more honest, the better. Hell I'd even go for blunt, since your circumstances seem quite dire. But don't get fatalistic man, it sounds like you're pretty depressed too when it comes down to it. Reading between the lines, it seems there are some serious issues going on besides the money, and it's just emerging in the money stress (much like sex is always symptomatic of deeper things in the relationship).
Okay, enough sex analogies for today! (just made another one in thread on spirituality)  |
abaya, it's a very common method for couples. If I recall correctly it's one of the most effective methods from all the books on successful money management for couples.
I'm a bit confused about, "you pay for all joint expenses based on percentages earned" I get that she pays for it out of one paycheck (we're supposed to be doing that as well, but I haven't verified it in many months) but I'm not understanding the percentage earned part.
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