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- Newsgroups: soc.singles
- Path: sparky!uunet!mnemosyne.cs.du.edu!nyx!tlode
- From: tlode@nyx.cs.du.edu (trygve lode)
- Subject: Re: Money and the Single World (was: Education and the Single World
- Message-ID: <1992Nov20.000314.19764@mnemosyne.cs.du.edu>
- Sender: usenet@mnemosyne.cs.du.edu (netnews admin account)
- Organization: Nyx, Public Access Unix @ U. of Denver Math/CS dept.
- References: <5720@jptcs.COM> <1992Nov15.144424.13521@mnemosyne.cs.du.edu> <1992Nov17.154927.3208@b8.b8.ingr.com>
- Date: Fri, 20 Nov 92 00:03:14 GMT
- Lines: 41
-
- In article <1992Nov17.154927.3208@b8.b8.ingr.com> larry@b8.b8.ingr.com (Larry Billings) writes:
- >In article <1992Nov15.144424.13521@mnemosyne.cs.du.edu>, tlode@nyx.cs.du.edu (trygve lode) writes:
- >>
- >> Bleaurgh; sounds positively dismal--though I suppose it's more-or-less
- >> traditional and a good way of increasing the resentment level of all
- >> concerned. Personally, I prefer the approach of having a small joint
- >> account funded by both parties for paying expenses like housing, food,
- >> utilities, and the like with the remainder of each person's income
- >> being kept separate--that way neither person has to feel guilty about
- >
- >Question: How much money do you have to put into three seperate accounts or
- >six if you include savings? Most banks today require $500+ for free checking
- >so that ties up 1500 dollars or you pay monthly penalties. Savings accounts
- >often will pay higher percentages for large depositers. Seperateration of funds
- >could cost you money. Save the marriage or save the money, interesting
- >question.
-
- I can't say I'd really worried about it; actually, my bank recently sent
- me some sort of ad suggesting that I switch to one of their checking
- accounts with no fees and no minimum balance. Even if there is a minimum
- balance required, I can't see that as a particularly important factor--I've
- been known to let my checking account balance creep up to $15,000+ before
- getting around to transferring the money elsewhere.
-
- >> without feeling like it's being paid for (at least partially) with the
- >> other one's money. It's nice to have separate savings as well--much
- >> less emotional strain when one or the other feels like experimenting with
- >> some relatively high-risk investments or starting up another business or
- >> three.
- >
- >There is a fight waiting to happen.
-
- How so? If each person is responsible for his or her own money, why would
- this result in a fight? (Personally, I figure it's better for one's SO
- to accept and support one's decisions whether or not the SO feels they are
- necessarilly the best decisions that could have been made.) Sure, if one
- or the other decided to invest by going long porkbellies and then forgetting
- to roll over the account when the contract date came around, I could see a
- problem or two, but why otherwise?
-
- Trygve
-