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Secretly Spending? Know This.

The LoveFeed discusses financial infidelity.

Hiding credit card bills? Paying in cash and throwing out the receipts? You may be cheating without even knowing it. The LoveFeed discusses financial infidelity and how to come clean about your spending habits with your partner. 

Can you relate?

Discussion

Posted March 12, 2009

The best model I've seen for financial planning as a couple is as follows:

First, total up your combined income.

Then each partner gets an equal amount (say 5%) they can spend however they want without consulting the other partner. (It is very important that both get an equal amount regardless of who earns more income.)

Finally the remaining amount is used to pay for things like rent or mortgage, utilities, groceries ect. with both partners having input into the creation of that budget.

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Posted February 9, 2009

if you've got your own personal account, it shouldn't be any of his business what you spend your money on unless you can't foot your bills

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Mango Married
Posted November 14, 2008

Or just hide your purchases in the budget. Thats why i grocery shop at target? $200 dollars on groceries....SUUUURE.

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Posted November 7, 2008

Aside from the shared account, if you have your own bank account for personal expenditures then you have nothing to worry about.

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Posted November 7, 2008

I don't like this woman. She is annoying. Bring back that Love U thing.

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sexy0021 Single LOYAL-NaUgHtY -NiCe- Endurance
Posted January 25, 2009

I agree. Glad I am not the only one! Whew!

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Posted November 7, 2008

if you have a problem with a women spending your money, here is a tip.. Don't marry a spoiled girl.. Most likely an only child.. those one usually turn out to be the most material "stuff" crazy.

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Posted November 7, 2008

lol thats good advice.

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Posted November 7, 2008

first comment :)

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Posted November 7, 2008

haha your videos are always interesting.

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