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I have a question if you and H exchange gifts...
S and I never really exchanged gifts. Maybe we did when we were first dating, but not really ever during our married years. We had all our money in one acct and it would have been really hard to keep a secret (for him anyway since I did all the money stuff). Plus, if either of us wanted something, we talked about it and either decicded to buy it or not. I think I would have been miffed if he bought me something without us discussing the purchase with me first.
So, my question is, if you share finances, how do you keep it a secret and do you ever get upset if he spent more than you wanted or vice versa?
Re: I have a question if you and H exchange gifts...
We kind of cheat because we only buy each other one ornament, so I kind of have an idea of what's coming. That said, I'd be annoyed if I saw that he spent more than $40 or so on it (depending on what it was) since we share finances.
For birthdays, we tend to do some kind of experience (dinner together at a nice restaurant, for example) but although we have a joint credit card that we use for almost everything (for the reward points) we also each kept the card that we have the longest history with when we got married. We use those cards for surprises and since the bills don't come until the end of the month, we don't find out about it until afterwords.
. I don't know why this is so difficult for me!
We set a limit and then get that much cash out. That way we use cash on everything and nothing shows up on the account. And it makes it easy not to go over the set amount.
Kaylee & Cole 06.14.08
8/6/11 First 5k! OG&E Expo Run 34:47
9/3/11 Brookhaven Run 5k 34:18
9/17/11 Healthy Sooners Fun Run 5k 33:38
10/15/11 Susan G. Komen Race for the Cure 33:31
10/29/11 Monster Dash 5k 32:06 PR!
11/11/11 Veteran's Day Run 11k in Dallas 1:13:15 Instant PR!
1/28/12 Texas Half Marathon 2:38:03 Instant PR!
3/25/12 Earlywine Dash
Same here
DH handles the credit card and pays it off each month, so it would be easy for him to just charge a gift without me knowing. We both monitor our checking and savings accounts. I would just withdraw cash from our checking or savings to pay for a gift for him, and he would be happy with the simple answer that I needed cash for secret Christmas presents.
That being said, we normally don't buy gifts for each other. We're more the types to go out on a fun date or take a trip, or buy something joint.
We do share finances, but I do all of our account management so I think I bought his gifts with my credit card. He took out a lump of cash and bought gifts for me as well as a few other people.
We agreed to get a few small gifts and one larger gift in advance. He asked what was available and I told him (much more than he took/spent). For us this worked out to fairly close to the same price spent on each other. I don't think that I would be upset if it wasn't 'equal' so long as neither of us spent outside of what we could afford.
We usually do this.
We don't do birthday gifts and no Christmas gifts this year, but we have exchanged gifts in the past. We have separate credit cards so we each charge all our purchases to them, then pay them off from the joint checking account. Unless I request H show me his credit card statement (which I don't), I just know the total amount of his statement for the month.
We discuss large purchases together before we buy them, so those have yet to be a surprise gift.