[Rich Falvo]

Originally Posted by LEHR

My wife and I have a budget for everything!

All of our post tax/retirement money first goes into a joint checking account. Every week my wife and I each transfer X amount of money for ourselves (like an allowance) to separate accounts which we can do with whatever we choose, with zero judgement from the other. We also keep for ourselves any bonuses we each get at work. This is our weekly/yearly "fun money" and my collecting budget. All other money we earn is considered "family money" which is used for bills, vacations, further savings, etc. and is off limits.

I realize this system wouldn't work for everyone but it's served us well for the last ten years. We've never had an argument or even a disagreement about money.

We have a similar system, but in the other direction. Auto transfers from personal accounts into a joint account for expenses and savings. Whatever is left behind is for personal purchases.