September 2010 Weddings
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Hiding Money from your spouse

The last post got me thinking about it.

I have some money in an account outside of the country.  Hubby is aware of it, but doesn't know how much I have in there.   He knows that it's my separate, private stash.  I don't feel an iota of  guilt about it either. :)

Anyone else 'hiding' money from the spouse? 

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Re: Hiding Money from your spouse

  • If you consider your situation hiding, then yes.  I don't purposely have accounts that I don't tell him about or hide money in the mattress or anything, but I do have my separate accounts that he knows about but not how much is in them.
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  • No hiding here. DH knows about every penny I bring in and vice versa. We are very open and honest about money, bills, spending, and goals.

    ETA: DH and I combined our finances well before we got married. We have joint checking, savings, and credit cards.

  • We both kept our personal checking and savings accounts.  So while I know what he makes and what he puts into our joint account, I have no idea how much money he keeps in those.  And he doesn't know how much I have in mine. 

    We're ok with that, because we each put the majority of our money into the joint.  And as long as that account has enough to pay our bills, then I'm not really worried.

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  • imagesunshine_day_dreams:
    If you consider your situation hiding, then yes.  I don't purposely have accounts that I don't tell him about or hide money in the mattress or anything, but I do have my separate accounts that he knows about but not how much is in them.

     

    this, word for word.  

  • We don't hide money from each other.  We each have our own checking and savings accounts, and both know in general how much we have in each of them.  We also both have 401K / 403B plans through our jobs and don't really keep tabs on how much is in each others.

    We have always been completely open and honest with how much money we each have, but we also both understand it's important for us to have our own independent nest eggs.

    "Imperfection is beauty; madness is genious. And it's better to be absolutely ridiculous than absolutely boring" ~ Marilyn Monroe <a href="http://www.thenest.com/?utm_source=ticker&utm_medium=HTML&utm_campaign=tickers" title="D
  • The woman in my family are always good about having a "squirrel" fund.  Its just nice to have incase of an "emergency shopping trip" or goodness forbid a true emergency.  This doesn't usually amount to more than $100-$150.  I haven't been very good about squirrelling my money away because my son is always needing cash for when he has away games for football/basketball.
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  • ditto Rachel & Shauni.  It's probably a little worse in our case b/c we have not yet combined finances...we agreed to wait until my house is sold & we have one set of bills for simplicity's sake.  We also have separate cc's.
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  • One more thing: DH and I know IN GENERAL how much money we each have in our accounts, but we're not talking down to dollars and cents.  If I had more than a couple thousand dollars that DH did not know about, I think I would feel guilty.
    "Imperfection is beauty; madness is genious. And it's better to be absolutely ridiculous than absolutely boring" ~ Marilyn Monroe <a href="http://www.thenest.com/?utm_source=ticker&utm_medium=HTML&utm_campaign=tickers" title="D
  • None here. I've heard you have to actually have some in order to hide/stash it.
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  • We don't hide money, but we haven't combined accounts yet and don't have exact numbers for what each of us has in our separate accounts. We have a general idea of how much each person has though.

    If I wanted to, I could hide money in my ING account but I don't have a ton of disposable income to hide right now so it'd be kinda pointless. =)

  • DH knows everything I make and how much I have. I have access to his online banking too so I can always check to see how much money he has. We're always open about our money though. We still have our separate checking/savings accounts right now but we're about to do a joint so it'll be easier for me to pay all the bills. Plus, most of our money goes toward bills and paying back my student loan.

    I probably should "squirrel" some money away for those rainy day occassions...

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  • I'll be the outlier.

    H and I combined our finances before we were even engaged. Neither of us would ever purposefully hide money from the other and if one did, it would be a major betrayal.

    Don't get me wrong, I'm not saying that I think all couples should handle their finances like this or that any of you are wrong for "hiding" money. This is just how H and I are and it works for us.

    (An unmatched left parenthesis creates an unresolved tension that will stay with you all day.

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  • imageexictedbride:
    No hiding here. DH knows about every penny I bring in and vice versa. We are very open and honest about money, bills, spending, and goals.

    THIS. also, like Lia, I gotta have money before I can hide any.... :)

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  • We have our separate checking accounts and one joint account.  We each have access to the joint account and that is it.  The way I see it is that we each have our own accounts and we do not have to tell each other how much we have in it.  I am not concerned with how much money he has in his account, that is his money to do with as he pleases.  We both contribute equally into the joint account for all the household expenses and that is all that really matters to me.

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