I’m a college teacher, so you can guess which of the two in our house makes more cash (me-PhD; her-CPA). You guessed it, CPA. I remember bringing this up in class once and my kids being shocked that I would “let” my wife earn more than me. The very idea of letting my wife do almost anything is just silly. I do think the idea of keeping a separate pot of cash is a really, really bad idea. I think it would be bad either way for that matter. We each have good jobs that we love and find rewarding. Our 2 paychecks go into one account. We do have an absurdly (for what our family income is) low ‘check-in’ amount. That is to say, either one of us has to check-in with the other before we buy something for over $100. This isn’t a rule as much as a way for our family to function. Neither one of us has ever thought about who earns more as that person gets to make the financial decisions. We got married because we love each other. We are in this life together. When it comes to cash, there is no mine, hers, and ours. There is just ours.
