Let me have your honest opinion! Re: finances and husband

And this is one of the biggest reasons I won't get married. We live in blissful 'sin.'

ETA: Even though my mom wants me to get married so my soul doesn't burn in heck for all eternity.

After a year of cohabiting you are considered common law here and all that money would be marital property. One reason I have no use dividing up finances. If the marriage dissolves its all going to be split in half anyhow.
 
I know that my husband values my contribution to the household and that money is only a small portion of the big picture. I still have no issue with him choosing to spend his bonus on himself, but I am also with someone who I know values my opinion and respects and admires me, so him wanting to spend his bonus on himself is an outlier, because he usually wants to treat me/us to something we will both enjoy.

I think our marriage is the same although we have pooled finances. He earns more than I do (and, as Gumbo said, part of that is because I supported him as he advanced his career) and his job offers bonuses while mine does not. Normally we spend the bonus on something we decide together. However, several years ago, we spent it on something that *he* wanted and I don't really care about. (If I was making the decision alone, I wouldn't have even considered it.) However, he said "This is important to me, and if we use my bonus we can buy it without impacting the monthly budget or our savings. I'd really like to do it." I said OK and I'm totally fine with the decision. Likewise, if there was something I *really* wanted, I think he'd likely agree to spend it all on my choice, although i've never asked. However, if he had said "Well, it's *my* money, so I'm buying this no matter what you say," it would have been different. I won't say that he wasn't entitled make the decision. It is outside the normal budgeted money and it is from his job not mine, but if he handled it that way, it would make me feel neither respected nor admired.
 
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After a year of cohabiting you are considered common law here and all that money would be marital property. One reason I have no use dividing up finances. If the marriage dissolves its all going to be split in half anyhow.

Which again, I can't imagine entering a marriage without a pre-nup. We've had property in my family since TN was part of NC; no way I'd endanger that. Are pre-nups really that rare? I wouldn't think so.
 
Hopefully it does continue to work well for OP and they can reach a happy resolution.

For me the bottom line looks much different, as I cannot and would not want to live in a relationship where I would not sincerely consider my spouse my other half, and vice versa.
 

Hopefully it does continue to work well for OP and they can reach a happy resolution.

For me the bottom line looks much different, as I cannot and would not want to live in a relationship where I would not sincerely consider my spouse my other half, and vice versa.

I'm not arguing and I enjoy our discussion, but I want to paint my own picture for you...if you were going to inherit a good deal of land and some buildings on the historic registry, would you put them at risk? Sincerely asking, because I wouldn't. Doesn't matter how much I love or trust someone, that's stuff I feel I'm merely an overseer/trustee of.
 
I'm not arguing and I enjoy our discussion, but I want to paint my own picture for you...if you were going to inherit a good deal of land and some buildings on the historic registry, would you put them at risk? Sincerely asking, because I wouldn't. Doesn't matter how much I love or trust someone, that's stuff I feel I'm merely an overseer/trustee of.

I'm not her :), but I'll answer. I really doubt I would. Now, it's possible my parents would have talked me into it. I don't know, not having been in that situation, but I don't think I would have. Maybe that's being naïve, but again, 25 years later, so far so good.
 
I'm not arguing and I enjoy our discussion, but I want to paint my own picture for you...if you were going to inherit a good deal of land and some buildings on the historic registry, would you put them at risk? Sincerely asking, because I wouldn't. Doesn't matter how much I love or trust someone, that's stuff I feel I'm merely an overseer/trustee of.
I wouldn't see it as "at risk." Anymore than my husband sees his things "at risk."
 
I think our marriage is the same although we have pooled finances. He earns more than I do (and, as Gumbo said, part of that is because I supported him as he advanced his career) and his job offers bonuses while mine does not. Normally we spend the bonus on something we decide together. However, several years ago, we spent it on something that *he* wanted and I don't really care about. (If I was making the decision alone, I wouldn't have even considered it.) However, he said "This is important to me, and if we use my bonus we can buy it without impacting the monthly budget or our savings. I'd really like to do it." I said OK and I'm totally fine with the decision. Likewise, if there was something I *really* wanted, I think he'd likely agree to spend it all on my choice, although i've never asked. However, if he had said "Well, it's *my* money, so I'm buying this no matter what you say," it would have been different. I won't say that he wasn't entitled make the decision. It is outside the normal budgeted money and it is from his job not mine, but if he handled it that way, it would make me feel neither respected nor admired.

I think this really is what matters, I would think that any relationship on a solid foundation of love, trust, admiration, commitment, and good communication would be able to handle pretty much any financial relationship.

To the sentence I bolded in your quote, I wouldn't be in a relationship with someone who would speak to me in such a declaratory manner, you are correct that there is no respect or admiration there at all! I can still think that my husband's bonus should ultimately be his decision, without accepting him treating me in a poor manner.

Many people were shocked when my husband told them that we were moving across the country, away from his job and all our family for my career, they all knew that I made nowhere near what he did, but he was very quick to let them know that we are partners, and that this was good for me, so it was good for us. He also knows, and I have demonstrated that, I would make the same sacrifices for him.
 
I'm not arguing and I enjoy our discussion, but I want to paint my own picture for you...if you were going to inherit a good deal of land and some buildings on the historic registry, would you put them at risk? Sincerely asking, because I wouldn't. Doesn't matter how much I love or trust someone, that's stuff I feel I'm merely an overseer/trustee of.

Couldn’t that be handled in the will without a pre-nup since you don’t actually own the land at this point?
 
Couldn’t that be handled in the will without a pre-nup since you don’t actually own the land at this point?

I would never risk mama's money being someone else's. If they walked due to it - good riddance.
 
I'm not arguing and I enjoy our discussion, but I want to paint my own picture for you...if you were going to inherit a good deal of land and some buildings on the historic registry, would you put them at risk? Sincerely asking, because I wouldn't. Doesn't matter how much I love or trust someone, that's stuff I feel I'm merely an overseer/trustee of.

My MIL just changed her will to make my wife the trustee of her estate when she passes away. Her primary motivation, unfortunately, is to ensure that her assets go only to her kids (my wife and her brother) and her grandchildren (our two boys). More specifically, on the off chance that her son passes away before her, my MIL wanted to make sure that nothing from her estate passes on to my BIL's new wife, who she pretty much loathes. There's nothing history in her estate, but she does has a fairly large amount of assets at this point.
 
My MIL just changed her will to make my wife the trustee of her estate when she passes away. Her primary motivation, unfortunately, is to ensure that her assets go only to her kids (my wife and her brother) and her grandchildren (our two boys). More specifically, on the off chance that her son passes away before her, my MIL wanted to make sure that nothing from her estate passes on to my BIL's new wife, who she pretty much loathes. There's nothing history in her estate, but she does has a fairly large amount of assets at this point.

Why is that unfortunate?
 





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