Have his, hers, and our bank accounts with a set amount of money put into each.
The his and hers accounts can be spent however each wish as it is their mad money. If they wish to spend it on the house so be it. If they wish to buy an expensive gift for the other so be it as long as their is money enough in the individual account to pay for it. Clothes, giving it to friends in need---anything goes as long as it is legal, well maybe except for visits to Nevada.
If one wishes to save theirs while the other blows theirs and runs out---no questions about where it is going.
I also think that an individual vacation should be taken on occasion. Might remind the other of how nice it is to have the other around and how much they miss them.
If they can swing it at all pay cash for everything or don't buy.
Upon marriage sit down with a financial planner and get started on the right money path to excellent retirements.
And from me, best wishes to both the bride and the groom.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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