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Feminism: Sex and gender discussions

Should we be sharing wages equally, or keeping them seperate??

29 replies

sunshineandfreedom · 10/01/2013 08:32

Hello, really hoping for some practical advice here!

DP and I are getting weddinged in August. Currently, we have seperate bank accounts and each pay exactly half of every bill, leaving our 'spending money' seperate. He earns a couple of hundred more each month than I do; hopefully that will be changing very soon but that's the situation as it stands.

I have always believed that we should keep it this way until recently, but it's starting to feel silly. When I broached the idea of a joint account and pooling our wages before splitting them equally, including spending money, he seemed to feel that I was basically just asking for some free money (because I would end up better off out of this, and he worse).

BUT. And here's the but. Although part of me believes in completely seperate finances, the other part believes that in order to be completely equal in partnership what we actually need is pooled resources. From a feminist perspective, it's this:

A) Keeping finances seperate technicaly means we are 'financially independant' from each other (although not true, as neither of us could maintain our current lifestyle withoutt he other paying half of stuff).

B) Pooling our resources means we both have equal amounts of everything, which actually feels more fair in some ways.

So I'm not sure whether to push it or not. I currently feel strongly in favour of B, and think we should sort this out before we have DC in a few years. But every time I bring it up he is negative and seems to basically think I'm trying to take his money (which makes me think he's being childish and quite frankly a bit of a knob). But I am prepared to be told that's wrong.

WWYD?

(X-posting to the Money Matters board)

OP posts:
Trills · 10/01/2013 09:04

3 current accounts

One joint - you agree how much money this needs to have in it - pays for rent and bills and food and everything to do with the house and children (include things like insurance here). You both have full access and visibility.

Two separate ones: one each. Your wages get paid into here then you transfer enough into the joint account each month to cover what the joint account needs, in a way that leaves you both with equal amounts of spending money. You don't have access to each other's accounts and you don't get to comment or judge how the other spends their spending money.

You can also discuss savings etc but that's the main thing.

You are a team you both deserve to have the same amount of money to spend. Especially if you have children, when one of you will likely (directly or indirectly) give up some of their chance of higher earnings in order to do child-related stuff (even if you don't go part time, with children you can't both work as many hours and be on-call as much as you might do otherwise).

help1975 · 10/01/2013 09:02

I think his attitude isn't quite right. Marriage is a team effort. The law will regard all your assets and debts as joint anyway does he understand that?
Personally I don't see how you can have children and not share all income. The financial abuse of women seems to happen when the earning partner dishes out pocket money rather than seeing income as shared.
I have been the higher earner whilst dh was sahp and am now Sahp whilst he works. At all points dh and I have shared our money and it just goes straight into joint account nobody thinks of it as theirs.

BertieBotts · 10/01/2013 08:58

I think it depends, if you're living as single people sharing a house (even though you're having a relationship, if that makes sense - I don't mean single in that way) then having separate resources which are different with what you each earn makes sense IMO, and you would be unreasonable to ask him to split it. Look at how it would feel if it was the other way around and he suggested it, especially if you'd done more work, either networking/experience/qualifications etc to get to your position (I don't know if this is the case in your situation now, I'm not implying that it is!)

However, if you're getting married, it sounds like it's a bit more serious? I think it would make sense to pool your resources, because you're effectively becoming a family unit, presumably planning for the future together, with the wedding, maybe planning for a mortgage or children or just saving in case anything goes wrong or for a holiday fund or whatever. Unless you're earning less because you really can't be bothered to push yourself for no good reason (and there can be good reasons for staying in a low paid job) then he should understand that careers move at different rates and just because he's earning more than you at the moment, doesn't mean you won't maybe earn more in the future. Plus like you say it needs discussing before you have DC (even if you discuss in a "not now but later" way) because if you take time off to be with the DC then your earnings will be affected and you don't want to be stuck with a miserly partner who insists that the family money is "his" because "he" earnt it.

It's hard to tell if he is being selfish/tight or whether he just hasn't really thought about what it means to be married and to share your lives in that way, since the separate finances thing does make sense when you're more of a casual couple than a serious one. For DP and I we've always shared our money, not to the point of having a joint account and taking equal amounts out, but when a bill came up etc then the person who had the most spare would pay it, we'd lend each other money to help us through a rough patch etc. It was never an issue and it never felt like DP was "taking" my money or that I was "taking" his - it was just kind of fluid and whoever had it helped out and whoever was skint got helped out etc. So in our case the sharing/pooling of resources was there from the beginning. But I think you'll learn a lot about your DP's attitude by talking to him about what he expects for the future etc.

CailinDana · 10/01/2013 08:50

I wouldn't marry him until this was resolved. The fact he believes that you're "trying to take his money" is really really worrying. It shows that he doesn't see you as a unit, but as two separate people. Worse, he doesn't trust you. That is very serious. What happens if you lose your job, or go on maternity leave, or want to be a SAHM?

Personally I find it odd when a couple don't share their money but as long as it's fair and both are ok with it, then good luck to them. The issue here is that you're not ok with it, and your fiance would rather treat you like a greedy moneygrabber than as a partner that he's about to share the rest of his life with.