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Do you know your spouses income?

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  • I don't know exactly but could get his accounts out if I wanted to and find out. OH is self employed so doesn't know himself until 3 months after his partnership's year end. What I do know is the regular amount he draws each month and that is what I use to manage the cashflow. He will then periodically come home and say that he has had a profit release and can I find a home for xx amount of money - which is a nice position to be in.

    He has no idea what I earn but I'd tell him if he asked. What is more worrying is that he has no idea where our cash savings are as they are all in my name (tax reasons) ! I really must get round to doing a list and put it in an obvious place so he could find it if necessary.
  • BugglyB wrote: »
    We just pay half each, its my choice to work part time so I choose to have less disposable income, if that makes sense.

    I see that seems fair enough, I hope you don't think I was criticising, just interesting to see how other people do it and their reasons.
  • Torry_Quine
    Torry_Quine Posts: 18,884 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    My answer would be of course!! It seems very strange to share a life with all that entails but be secretive about money. When I was working he knew what I earned.
    Lost my soulmate so life is empty.

    I can bear pain myself, he said softly, but I couldna bear yours. That would take more strength than I have -
    Diana Gabaldon, Outlander
  • itsanne
    itsanne Posts: 5,001 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Yes, and he "knows" mine - "knows" because he probably can't remember. I'm the one who keeps tabs on finances, although it's all noted and I insist on showing him periodically so if I walk under a bus he'll know what there is :D

    Everything is joint except for things which can't be, eg ISAs. Big purchases are always discussed, if only because we both like to get the best deal for things.
    . . .I did not speak out

    Then they came for me
    And there was no one left
    To speak out for me..

    Martin Niemoller
  • Gloomendoom
    Gloomendoom Posts: 16,551 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I see that seems fair enough, I hope you don't think I was criticising, just interesting to see how other people do it and their reasons.

    There have been quite a few threads dealing with the bill splitting topic and essentially there are some couples that don't bother and some that go as far as to track exactly who has eaten how much of what in the fridge.

    There's no right or wrong way, as long as you are both comfortable with it.
  • Goldiegirl
    Goldiegirl Posts: 8,806 Forumite
    Part of the Furniture 1,000 Posts Rampant Recycler Hung up my suit!
    I couldn't imagine for a minute not knowing how much my husband earns.

    Our finances are completely pooled, so all money coming into the house is treated as 'ours' rather than his and hers.
    Early retired - 18th December 2014
    If your dreams don't scare you, they're not big enough
  • BugglyB
    BugglyB Posts: 1,067 Forumite
    I see that seems fair enough, I hope you don't think I was criticising, just interesting to see how other people do it and their reasons.

    Oh not at all :)

    I think also that its a case that I don't not know I just don't know if that makes sense. If I wanted to know I would ask and he would tell/show me without questioning why I wanted to know (I think).
  • 74jax
    74jax Posts: 7,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 21 August 2013 at 1:32PM
    I have no idea. There was a similar thread a few months back and I was defo in the minority. I could 'guess' what he earns, as to what his bonus is - I haven't a clue. His savings? Nope, again I have no idea.

    We have a joint account for bills any pay into it each month. But everything else is seperate.

    He got a considerable in heritance, again - couldn't say what it was - I wasn't around, and I know he bought an appartment worth about 250k and banked the rest. He now rents this appartment out but again I don't know details.

    People may find it odd but I couldn't care less. We have enough to live a comfortable life together for now, I have savings etc. If I asked he'd say, but I can't see why I'd need to know.
    Forty and fabulous, well that's what my cards say....
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    sulkisu wrote: »
    You don't know how much YOU earn. Really?

    My husband wouldn't be able to tell you the exact figure he earns either. Its something we check each year when it goes up for our accountant. Usually on the Internet where its published as hr are vague too about future payscales.

    However, ona practical basis whether we 'know' or not exactly we both 'have access' to know exactly. There is no way we could manage our finances well without out both knowing what the other holds ATM.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    My answer would be of course!! It seems very strange to share a life with all that entails but be secretive about money. When I was working he knew what I earned.

    One cannot know but not be secretive. DH doesn't know of the top of his head...its all there, he just has to look it up. :D
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