Feb 14, 2014 11:00
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She wanted to keep a separate bank account for personal spending money, so that she felt less guilty. I don't really care either way, as I have a very relaxed attitude towards money (which I cope with on the larger scale by arranging all of the big bills so that they come out on payday).
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I always like to mention two systems that have worked well for me in different circumstances:
VIRTUAL KITTY
This works for people who want to pay for some common things but have separate finances - i.e. no joint account, and not even a tin for petty cash. It's worked for me in shared houses. Instead of all paying an amount in to the kitty, people just buy the collective goods or pay collective bills and note down what they've spent. On a piece of paper, in a shared spreadsheet, or whatever. Then periodically you just net everything and the net debtor(s) pay the net creditor(s). (Sum all expenditure, divide it by N, then for each person take that away from the sum of their purchases. Negative means you owe that amount, positive means you are owed that amount - I suspect working out who should pay whom is NP-complete (it smells like the knapsack problem) but in practice for N<7 it's trivial.) If your incomes ( ... )
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