When T got his tax refund last year, he told me he thought about going out and buying something straight away.
But he didn’t. He could get something better later on if he saved that cash, he said.
Hearing that? Best present ever. Bugger jewellery and don’t even think about buying me flowers. Having your finances in check? That’s hot.
Our joint finances have taken an interesting journey of twists and turns. He didn’t have his own bank account when we first moved in together, but hastily starting a new job meant he needed to put down an account number for payroll, so mine it was. Wholly merged finances eventually evolved into a separate account for him, but all the money still flowing to me to handle. Then he started independently dealing to his own spending funds out of his account before taking over full control, giving me a set amount for household expenses every week.
Now, we’re back to him handling his own fun money, with me taking care of the rest. And this is how it’s going to stay. He’s not one to micromanage, and doesn’t really like to think about money at all. Me, I’m happy to spend a few hours a month running numbers and shifting funds around. And let’s be honest: me pulling the purse strings can only be a good thing on the savings front.
How long did it take you to settle into a joint financial groove (whether you have merged, separate or in-between)? Was it painful?