Re: Spinoff - Hiding money from DH

Re: Spinoff - Hiding money from DH

Re: Spinoff - Hiding money from DH

I dont have a secret account, I do have an envelope hidden with $$$ in it that he doesnt know about.

Re: Spinoff - Hiding money from DH

I would never "hide" money from my husband. I have a credit card that only I use, but it's only so I can buy him holiday/bday presents without him seeing it come up on the debit card! (I should use cash...LOL)

Re: Spinoff - Hiding money from DH

ugh....no....I wish...no hidden money...well...maybe...I sell ebay and dont tell..but I share what Ii buy.
I do owe a lot on a card and its a secret.
We won't go there.
I actually go to the post office and stop the mail when its due so he never sees it...one day I am dead.

Re: Spinoff - Hiding money from DH

we have seperate accounts and joint accounts... but the seperate accounts are not a secret. we each know about them, and have an idea how much is in them.

Re: Spinoff - Hiding money from DH

We have our own accounts with very little money in them which we could both access
Everything else is joint
I could never hide anything from DH and sleep at night

Re: Spinoff - Hiding money from DH

Nope, we are in the joint accounts boat. We do each have our own 401Ks through work, but all our money is joint.

Re: Spinoff - Hiding money from DH

Re: Spinoff - Hiding money from DH

We each have our own accts, then we have a joint acct that most of the money is in. We just havent gotten around to closing our individual accounts.

I would never hide money from DH.

We have an agreement that if an item is under $50 we dont have to consult eachother for purchasing it. (Lets say we want to buy something on ebay or something like that)

Re: Spinoff - Hiding money from DH

We each have our separate accounts, and we have a joint account. Nothing is a secret though. I don't have access to his and he doesnt have access to mine. We each pay various bills from different accounts, and we consider all the money in all the accounts to belong to both of us. But generally we use our own accounts for personal, daily type stuff, and we use the joint account for big purchases and major bills. I could not live where I'd have to ask DH before I could spend any money, and he would never like to have to ask me (unless it was a huge amount). I don't understand why we would need access to each others accounts? If something were to happen to me, then as my husband he would be entitled to what was in my account, and vice versa.

Message edited 11/7/2007 8:33:20 AM.

Re: Spinoff - Hiding money from DH

We don't keep separate accounts, except for one fund that DH was investing in before he met me, though he has invested money since we've married into it.

I don't see the point - god forbid we were to break up, I'm entitled to half of what's in our accounts, so squirreling money away in a secret account won't give me any advantage in the long-run, unless you plan on hiding that money upon the dissipation of the marriage, which is just disgusting and dishonest.

I know that if we were to break up we would be civil enough to come to a mutual agreement regarding the division of our assets - that's exactly how DH handled himself in his divorce before he met me, and I have no reason to believe it would be any different with me. Honestly, I wouldn't have married him if I thought differently.

Re: Spinoff - Hiding money from DH

Posted by KrisT

All of our money is combined in joint accounts. Neither one of us has a separate account. This works best for us

Re: Spinoff - Hiding money from DH

I have a little "secret stash" that I keep...I think every SAHM needs one!

lol I think my DH has an idea that I have one...because a lot of times for his birthday or Christmas I will use my "own" $$$ to get him a gift that he wasnt expecting!

Re: Spinoff - Hiding money from DH

Re: Spinoff - Hiding money from DH

DH and I have had joint accounts since our third month of dating.....
I don't feel the need to hide anything from him however, keeping everything together makes it very difficult to surprise him w/certain things.....A Perfect example is he has a b-day coming up and I want to surprise him w/a casino party....There is nooo way I could pull this off w/o him finding out...which is a bit of a bummer.....so For reasons like that I wish I had a separate stash....

Re: Spinoff - Hiding money from DH

it's actually the opposite with us.

I have no 2nd acct, but DH does. it's not "secret" in that I know about it, but I don't have access to it. it's with USAA and he maintains a balance with them to pay his car insurance.

Re: Spinoff - Hiding money from DH

Re: Spinoff - Hiding money from DH

The only accounts we have that aren't joint are our 401(k) accounts and that's b/c they obviously cannot be joint.

Neither of us believes in separate accounts for us. They wouldn't work for us, but to each his own. People need to do what works for them.

I do completely disagree with the idea of a secret account, though. I think that's lying by omission, and I have a HUGE problem with that.

Re: Spinoff - Hiding money from DH

We have joint everything. It works for us. What's his is mine and mine is his.

Re: Spinoff - Hiding money from DH

Re: Spinoff - Hiding money from DH

I have accounts in just my name and he has accounts in just his name, but that is due 100% to laziness. We need to get to the bank one of these days...

Re: Spinoff - Hiding money from DH

DH and I have our own personal checking and savings in addition to our joint accounts. Each month we allocate a certain amount to each of our personal accounts and spend it as we see fit.

Re: Spinoff - Hiding money from DH

All of our accounts are joint however one has me as the primary and the other has him as the primary. Same with credit cards...I have an AMEX that I added him on to and he as a MC that he added me onto.

DH has always been very good about not criticizing my purchases so there was no need to have separate money - even though he makes more than me he looks at the whole as ours.