Let's talk about managing finances when you get married
As I get closer to perhaps taking that plunge into marriage, I did have a few questions I was hoping to get some input on from people may have come across similar situations.
1. Bank Accounts/Finances - Do you tend to keep separate accounts and have a joint account which you each contribute for bills/groceries/daily living necessitates etc? Or do you merge your accounts into one? Also...
- Let's say I make 100K and she makes 50K would you still split the day to day expenses evenly or would whoever makes more be expected to contribute more to the household?
2. Housing - I own my own condo, it's paid off, no debt. My name is on the title. Would I be expected to put her on the title to make it "joint" at some point in time? This is honestly something that concerns me the most and something I am not comfortable with, heaven forbid something happens and we split up and she owns half of my biggest asset.
3. Off topic question but what the hell - Did you ask your spouses father for permission to marry or did you just say to hell with that tradition?
Thanks all for your input in advance.
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