What is your method for paying bills, or investing for retirement? My husband and I pool our money together to cover all expenses and savings and then we each are given a certain percentage of income to personally spend on whatever we want. I feel like this method keeps us both accountable to what we buy while letting us spend on what we want. We are in our late 40s & I feel like the more I talk to friends they are saving the bare minimum or not at all. How do you all manage your spending/saving

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I make quite a bit more than he does, and we got a prenup to make things clear. I bought the house before we were married; it’s mine and it’s staying that way, so I don’t mind covering the mortgage, but we split homeowners insurance and property taxes proportionally to our incomes. We’ve done the math to figure our average monthly expenses and contribute proportionally to a joint account to cover that. Everything else, including retirement, is completely separate and protected by the prenup. I love him with all my heart and don’t see us ever splitting up, but you gotta protect yourself. Seen too many women in my life end up struggling.

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My husband and I do basically the same. It doesn’t matter who earn more or percentages for anything. We both max out our retirement accounts. We discuss big purchases and work on savings goals together. Married for 18 years and honestly we have had some very hard times around money but we worked through it and are more united now than ever.

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If you are on your late 40s and your friends are not saving or saving bare minimum. You need new friends.

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My husband and I make about the same. We do yours/mine/ours with both joint accounts and solo accounts. My direct deposit is set up into multiple accounts for this so I don't even have to think about it. I have a "fun money" checking account that I can spend however I please. I also have my paycheck direct deposited into multiple savings accounts for various goals.

We both max out our Roth + 401ks + HSAs

We contribute equally to a joint account. This goes towards shared expenses.

I bought the house we live in before we were married and I own it outright. Joint account pays for taxes, insurance and maintenance.

No kids. Don't plan on having any.

How so? It's a premarital asset and we live in a common law state

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