In the ideal world, couples know what to do with their money. Every month, salaries go into a joint account, expenses are dutifully paid for from this account, each partner doesn’t spend more than they should, and whatever’s left goes into building a nest egg that will see them into their sunset years. Hands up, if you are in this enviable situation. My guess is, many of us are not.
I have to admit: I’m not always happy with my husband’s carefree attitude towards money. The way he manages his finances, it’s as if the dreaded R-word (retirement, if you’re wondering) will never happen to him. I, on the other, am a worrier. I worry about not having a big retirement fund, I worry about losing my job, I worry about not having a sizable bank account that I can fall back on in case of emergencies.
We are as incompatible, financially, as oil and water. But, thankfully, we agreed early on in our relationship to keep our finances separate. The fact that we’ve decided not to have children makes it easier to manage our money.