You made a great point. I also think people who work towards FIRE need to have joint accounts. Not that it can’t be done otherwise but working towards FI together is easier to manage.

Having said that, I know a few people in the community who want to FIRE on their own while the partner keeps working. As long as it works out well for them I 100% approve. I just find it hard to believe it’ll work long term.

Very sensible approach. I think finding the balance between meeting common goals and freedom to spend is key in marriage. Thanks for sharing.

I earn approximately £6k a year more but we contribute equally to the joint account. I generally pick up more of the larger yearly expenses like car insurance and any unexpected bills. She is more of an impulse spender and I like to consider purchases carefully before diving in (boring I know). Having all our money in one pot is not practical as my wife openly admits she wastes money on stuff she doesn’t need, however, as long as she can meet her monthly joint account commitments who am I to tell her what she can/can’t spend her money on and vice versa.

Thanks for sharing your story, Sharon. Yeah, the one-pot scenario really works only if there’s an absolute trust which happens later in the relationship. Good luck with the date ;)