shared income after marrage?

Just wondering how all the married couples handle there finances once they got married? Do you pool the money or do you keep your seperate pays to yourselves and take a share of the bills in this age of twin incomes. Im interested in any opions out there. Im askign as im getting pretty seriouse with a lovely girl and we both own houses at such a younge age (i got 2 and shes got 1 ,we are both 23) and earning about the same money but my 2 houses are rentals and hers is almost finished renovations and she want to move in there (id rather her rent hers out for now and we could by a family home together as its really not a house i would like to live in but her hearts set on it) anyway im rambling, so question was how do you guys handle your finances, i was planning on pooling the incomes and takeing a set amount each for impuls buying on our selves and paying the rest of our bills and loans, is this how everyone else does it?

Public Comments

1. you can pool it--- talk it out with your future wifey
2. A website I saw not too long ago had a few options, the right one will depend on how you and the wife feel for your situation: 1) Pool all money together in joint account 2) Have 2 separate accounts and 1 joint account for bills, etc. 3) 2 separate accounts only and divide up the bills These were a few ways the news article discussed
3. Compromise and work things out together. Believe me it will be the best thing u ever done. Something to do together 4ever. All married couples ought to add that to thier list so that way u both know ur limits and work toward things u want together with the budget. I can't wait to marry my man and share with him. But again I want him to be the budget man of our home.
4. Marriage is a commitment between two people - everything is shared and it takes all resources, not just finance talk here, to make that marriage work and last. Divorce rate happens for two basic principles: money or children - so, decide the issues now - because what might seem like pet peeves on this side of marriage are full blown issues on the other side. I know. I'm on my third and last! Finally got it right.
5. Combine incomes and conquer those bills
6. finances is one of the areas of the most contention between married couples. talk to your future spouse about her views and expectations. then, i would say to combine your assets. budgets are hard and sometimes people feel they should be able to spend the money they make for the family however they want. the really important thing is that you discuss this prior to the marriage. make sure that you can agree on how to handle finances.
7. each puts 80 percent into a pool and the rest is personal and the partner does not inquire about it ever
8. I have been married twice, first time we pooled all our money and had a joint account, he took control of it and over spent bounced checks etc. Not a good idea. The best idea that has worked is keep your separate accounts but also get a joint account that is for bill paying only, deposit your share of the bills in that account each month to pay the bills the rest of your money is still your money. As far as the house goes discuss your feelings with her and maybe you can find a compromise.