Dear Faithful Reader,
Recently an acquaintance mentioned they had noticed a common trait among their friends whose marriages ended in divorce. Apparently every one of these couples maintained separate finances. As always happens when someone brings up a relationship issue, this got me thinking.
I can see how separate bank accounts could raise potentially prickly issues. Who should pay for what? Both spouses live in the house / apartment, so who should pay the mortgage / rent? If one person pays, might they feel the other is taking advantage of them? If the payment is shared, what happens when someone comes up short? What does it mean for one spouse to "owe" money to the other? Might that debt lead to resentment, possibly in both directions? Does this "What's mine is mine" approach indicate a lack of commitment, an unwillingness to share in fundamental ways? Or in some cases could separate finances allow two people with different spending habits to coexist without stressing each other?
What do you think? Do separate bank accounts mean you're one step closer to having separate addresses?
As always, I will post my personal favorite comment next Saturday with a link to the respondent's blog.
Signed, The Inquiring Advice Guy