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Anyone here tryna go into impact investing?
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Following because same. Also makes it interesting when you have kids.
In terms of finances, nothing really changes. We have joint Cc and joint checking with our own individual checking as well. We both our conscious of spending, where I find it’s impacted the most is my husbands job is still prioritized over mine and I’m still default parent to kids. Which is fine, my son is 2, but also… not fine, lol.
We each take $1k out of our checks and it goes into our personal accounts. Rest if check goes to our joint account. Our individual is used for presents, personal trips our outings with friends, etc. (mine also for Botox, lol) and our joint is for all family expenses. Obv I contribute more to family, but eventually he’s on track to make more than me and eventually will even out. (I think). He’s currently at a startup, so we’ll see.
All in the same pot and then we both get the same amount of spending money
No. Always all one pot. I have my career and our kids because he supports me and vice versa. We have our own credit cards so we can still surprise each other with gifts, but it eventually all gets paid out of the same account. Any purchases over $500 we have to check with each other. This was the same policy we had since marriage over 5 years ago.
Same
I make a lot more than my partner. We keep separate finances but I pay for a larger share (2/3) of things like rent, groceries, and utilities. This has worked well for my partner and I and feels fair most of the time. We check in annually on if it continues to be fair or if it needs adjusting. And we’re both clear that if the situation changes dramatically so does the split.