My boyfriend and I were joking about getting married the other day, and he joked that he’d want a prenup, as I’m bringing more debt to the playing field than he is. That got me to thinking…would I want to share my debts and assets? I don’t know if it’s just me, but I kind of want to be responsible for my debts, and keep my money to myself. I don’t want whoever my future husband is to have to shoulder my student loan debts. But I guess, I also sort of selfishly want to keep my money to myself, too. I read in plenty of personal finance blogs about how couples share everything, moneywise. I think I wouldn’t mind having a joint bank account with my guy, where shared costs like housing, utilities, food, dining out, etc. would get paid from, and we’d put a certain amount in that account every month to cover those expenses. I know my parents share their money, and I admire that in them. Maybe this just proves that I’m not ready to get married any time soon. Don’t worry, I’m not expecting it (in case he’s reading this…we’ve only been together a year)!
So, you single folk, dating folk, married folk…when it comes to money, what situation do you prefer, or assume you’ll do when you get into a long term relationship?