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Disparate incomes question

Established Contributor

Re: Disparate incomes question

My wife and I have disparate incomes.  What has worked for us is to simply pool everything in one account, and we discuss purchases that aren't neccessities over a certain amount, for us it's $50.  I handle everything that comes out of the checking account so I always know what we have, she prefers it this way and doesn't like to discuss money.  Her not knowing how much we have in our checking account means she is less likely to spend frivolously. 

EX700 TU 681 EQ 683 1/23/22
Cap1 QS-$4,500 Chase Freedom Flex- $800 Chase Freedom Unlimited- $500 Victoria's Secret- $2000 Citi DC- $800 Amazon Store Card- $3,500 AMEX Hilton Honors-$1,000 Discover It-$1,000 Wal-Mart MC $290 Chase Sapphire Preferred-$5,000 NFCU Flagship $13,800 AMEX BCE-$1,000 AMEX Gold-$5,000 AMEX Delta Blue $1,000 Lowe's $1,000 Navy Platinum $17,000 AMEX BBP $2,000
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