What are your thoughts?!

Ni

Nicole
Me and my SO have been together for 4 years. Ever since we started dating, our finances have always been separate. Both of us like the freedom to make purchases without consulting the other... We are also very smart when it comes to staying on a budget. The problem is - I took a big pay cut when I moved out of state with him 2 years ago. I have been too stubborn to admit that my finances have been tight. I would like to suggest the idea of either combining accounts or creating an account that is a "housing fund pool"... Thoughts?!
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COMMENT (6)

As

Posted at
I say do it. My fiance and I combined accounts 4 months into our relationship (mostly because we've been on a fast track since we got together) but I never regretted it and neither has he. We plan to spend the rest of our lives together so thats another step of commitment if you ask me.

Ni

Nicole • Nov 19, 2014
Thank you for the feedback! I feel a little more confident about dropping my guard down about this subject

Ke

Kelsey • Nov 19, 2014
I agree. If you're serious about the relationship, you're in it together. Even financially.

Ke

Posted at
I think it's important for partners to feel like all of the income is both of yours. If you got in a major bind, he would (hopefully) pay for it if he was able. If you're both good at budgeting, then you should combine your incomes and set up a budget that includes your bills, groceries, car payments, ect. Then, since you both want to have spending money, agree on how much you should both be able to spend on personal expenses each month. Make cash withdrawals if you don't want your expenses to show up on your bank statement. 

Ni

Nicole • Nov 19, 2014
I agree! Thank you for the feedback. It should be a no brainer that we combine finances...

As

Ashley • Nov 19, 2014
couldn't agree with you more ;)