How do you view the Christmas Bonus?

• Automatik

  

  This is a debate that has been going since the inception of bank accounts. There is no right answer, you can make an argument for both.
  
  For discussion sake....my parents have 3. Each has their own and one shared account where the funnel money into from rental properties they manage. The shared one is used for general household purchases, groceries, repairs, etc. Also for maintenance/repair expenses for the properties.
  
  They have been "managing" these 3 account for as long as I can remember and my father just started using online banking. It's not difficult.
• Commander of Awesome

  

  Automatik;1770725 wrote:This is a debate that has been going since the inception of bank accounts. There is no right answer, you can make an argument for both.
  
  For discussion sake....my parents have 3. Each has their own and one shared account where the funnel money into from rental properties they manage. The shared one is used for general household purchases, groceries, repairs, etc. Also for maintenance/repair expenses for the properties.
  
  They have been "managing" these 3 account for as long as I can remember and my father just started using online banking. It's not difficult.

  Yep, pretty standard. And makes the most sense. The only logical discussion for not doing it this way is one from absolute slob territory. Only other discussion is one from an emotional stand point, which holds ZERO water to me. Finances are srs biz, not changing that so my partner doesn't have hurt feelz.
• ZWICK 4 PREZ

  

  Commander of Awesome;1770724 wrote:I guess if you're a dumb lazy slob that makes sense. Better hope you don't get divorced, or your wife is also smart with her money. Read/heard too many accounts of where/how that can torpedo a family.

  If you're worried your wife is going to torpedo you, you have bigger issues than how many bank account you need. Does that make sense to you, or is it too dumb, lazy, and/or slobbish, you fucking child lol.
• Automatik

  

  IMO the "shared account" notion is old school as hell. Be responsible with your finances and open with your partner and it's a non-issue.
• ts1227

  

  SportsAndLady;1770643 wrote:If you're paycheck to paycheck or tight on disposable income, and you use your bonus on personal stuff, you're kind of a piece of shit.
  
  If you are good on bills and other expenses and you get a little extra cash and want to spend that on a personal trip/purchase, then I don't see why not.

  This. It varies each time depending upon necessity
• Commander of Awesome

  

  ZWICK 4 PREZ;1770727 wrote:If you're worried your wife is going to torpedo you, you have bigger issues than how many bank account you need. Does that make sense to you, or is it too dumb, lazy, and/or slobbish, you fucking child lol.

  lol, glad I'm not in business with you. I've seen plenty of 10+ yr relationships end. It can happen Disney boy, yes even to you. I also wouldn't get married without a pre-nup, bet you're against that too?
• Con_Alma

  Automatik;1770729 wrote:IMO the "shared account" notion is old school as hell. Be responsible with your finances and open with your partner and it's a non-issue.

  Can't people be responsible and open with their partner with 1 account? Is there a difference in being open and responsible with one account vs. multiple?
  
  I genuinely don't understand the benefits of having 2. Maybe there are advantages. I just don't know them. If a divorce occurs as previously mentioned the assets are included in the QDRO whether they are in 3 accounts or 1.
• Automatik

  

  10+ and way beyond. Woman can get crazy as fuck as time goes on. You bet your ass I'd get a prenup.
  
  My cousin is in a horrific situation right now due to divorce. His wife dips heavily into his pension, it's absurd.
  

  Con_Alma;1770735 wrote:Can't people be responsible and open with their partner with 1 account? Is there a difference in being open and responsible with one account vs. multiple?

  Absolutely, which is why I said there is no correct answer.
• ZWICK 4 PREZ

  

  Automatik;1770729 wrote:IMO the "shared account" notion is old school as hell. Be responsible with your finances and open with your partner and it's a non-issue.

  I kno you're still at a pretty early stage in life for this, but to me it makes the most sense by far. When you max your 401ks and IRA's and 529's and mortgage payments and car payments and daycare/private schools, it's pretty hard to just split up costs of who will pay for what. Then you have your costs that pop up like 3 grand for car work... instead of moving cash around from account to account,, it's already in 1 account
• Con_Alma

  Automatik;1770736 wrote:...
  
  
  
  Absolutely, which is why I said there is no correct answer.

  Thanks.
• Automatik

  

  ZWICK 4 PREZ;1770737 wrote:I kno you're still at a pretty early stage in life for this, but to me it makes the most sense by far. When you max your 401ks and IRA's and 529's and mortgage payments and car payments and daycare/private schools, it's pretty hard to just split up costs of who will pay for what. Then you have your costs that pop up like 3 grand for car work... instead of moving cash around from account to account,, it's already in 1 account

  It's 2015. None of what you just said is hard to manage by any means.
• ZWICK 4 PREZ

  

  Automatik;1770739 wrote:It's 2015. None of what you just said is hard to manage by any means.

  I'm not suggesting it's that hard, rather just unnecessary.
• Commander of Awesome

  

  Disneyboy 4 PREZ;1770741 wrote:I'm not suggesting it's that hard, rather just unnecessary.

  You're ignoring what we've said up to this point. You want to ignore fine, but stop arguing your same point, it serves no purpose.
• Automatik

  

  lol....you just said "it's pretty hard"
  
  
  But I get what you're saying...it's unnecessary for YOUR situation.
• ZWICK 4 PREZ

  

  Commander of Awesome;1770742 wrote:You're ignoring what we've said up to this point. You want to ignore fine, but stop arguing your same point, it serves no purpose.

  No what you said makes no sense whatsoever. During a divorce, you don't get to keep what's in your account just because its yours. If you're worried your wife/husband will raid the account before you're divorced, then I see your point.
• Commander of Awesome

  

  Automatik;1770743 wrote:lol....you just said "it's pretty hard"
  
  
  But I get what you're saying...it's unnecessary for YOUR situation.

  Yep, lets hope the same thing that's happened to your boy and several of my friends/family doesn't happen to him. But to act like it's an impossibility is ridiculous, and dumb at best.
• Commander of Awesome

  

  ZWICK 4 PREZ;1770744 wrote:No what you said makes no sense whatsoever. During a divorce, you don't get to keep what's in your account just because its yours. If you're worried your wife/husband will raid the account before you're divorced, then I see your point.

  Bruh, Pre-Nup.
  
  As for seperate accts, maybe your wife develops a QVC addition, or a gambling problem. Well now she can't access your funds, can only fuck up her own acct. One thing I've learned, majority of people are insanely stupid with their money.
• ZWICK 4 PREZ

  

  Commander of Awesome;1770746 wrote:Bruh, Pre-Nup.
  
  As for seperate accts, maybe your wife develops a QVC addition, or a gambling problem. Well now she can't access your funds, can only fuck up her own acct. One thing I've learned, majority of people are insanely stupid with their money.

  Ok I do see what you're saying. In your instance it does make sense.
• like_that

  

  Well, considering the fact it has been established zwick is inferior to his wife, shouldn't she be the one who is actually concerned?
• ZWICK 4 PREZ

  

  completely unrelated ... but reminded me of when my buddy and his wife were married and they had separate accounts. She was embezzling from work and he had no idea for that reason.. which still isn't technically his problem.. but the IRS and police made his life hell with making him turnover account records and he had no clue what was going on. but since she paid for stuff and some they put in his name it was still a nightmare.
• ZWICK 4 PREZ

  

  like_that;1770749 wrote:Well, considering the fact it has been established zwick is inferior to his wife, shouldn't she be the one who is actually concerned?

  You don't stay up to current events very well.
• Automatik

  

  ZWICK 4 PREZ;1770753 wrote:completely unrelated ... but reminded me of when my buddy and his wife were married and they had separate accounts. She was embezzling from work and he had no idea for that reason.. which still isn't technically his problem.. but the IRS and police made his life hell with making him turnover account records and he had no clue what was going on. but since she paid for stuff and some they put in his name it was still a nightmare.

  Wow, weird. Very similar situation with my friend's mother in law. She managed the payroll at her job and took them for a LOT. She was MIA for a while and I saw my friend randomly in my hometown. He was visiting his MIL, she did like 8 months in a medium security prison. :laugh:
  
  They were in the middle of a divorce, but the FIL still went through hell.
• SportsAndLady

  

  If you're worried about your wife embezzling money or gambling addiction you probably shouldn't marry her.
  
  I'd have no problem splitting a checking account with my gf now. And will do that when we get married. But will probably keep a separate account for purchases I don't want her seeing (gifts, surprises, and strip clubs).
• Commander of Awesome

  

  Automatik;1770755 wrote:Wow, weird. The exact thing happened to my friend's mother in law. She managed the payroll at her job and took them for a LOT. She was MIA for a while and I see my friend randomly in my hometown. He was visiting his MIL, she did like 8 months in a medium security prison. :laugh:

  ppl are fucking nuts man
  
  Anyone that's been in a long term relationship knows, the person you met in yr 1, usually isn't the same person in yr 5. Pre-nup & separate accts are a necessity.
• Commander of Awesome

  

  SportsAndLady;1770756 wrote:If you're worried about your wife embezzling money or gambling addiction you probably shouldn't marry her.
  

  If you're going to buy a house and worried about it being broken into/tornado/earthquake/flood/shitty next door neighbors you shouldn't buy it.
  
  If you're going to travel and are afraid fo flying, you should stay home.
  
  Dumb as shit logic S&L.