@dilworth From a Smug Married with a twenty-year relationship: I disagree! Separate accounts provide some space and autonomy in ways that are good, emotionally, for a relationship. And separate accounts also provide some protection in case the relationship sours. The investment account, for example, might be "legally" equally your wife's, but ultimately you could secretly blow it in Vegas and she couldn't, and that's an important distinction. (Obviously, I mean, couples should do what works for them. But I still vote for separate accounts.)
@emmabee It also made me think of Thomas Shapiro's work (at Brandeis) about wealth disparity by race in the US, and how reduced family assets have a cumulative effect.
My partner and I also have joint accounts plus our own separate accounts. We have a budget that reflects what the joint money is supposed to cover (mortgage, utilities, food...) and contribute to the joint account based on that. The list of what's joint and what's separate has definitely evolved over time... we realized, for example, that we liked being able to use the joint card to pay for casual meals or coffee out together, so we added that in. Other things (clothing, hobbies) are solidly in the non-joint category. As always in relationships, I think the keys are communication, flexibility, and goodwill.
@Jake Reinhardt I got that vibe from this question, too, and at the moment I'm generally on the higher-income side of my friend groups. "I thought a road trip would be was just a fun thing to do, not a transaction/massive exchange of goods and services!" Well, it's both of those things! Something being fun and friendly doesn't mean it doesn't also require spending resources, and that should be done in a way that reflects the relationship. Of course below a certain threshold it's not worth the time to figure out relative contributions (I wouldn't count how many tea bags I've served a friend at my house) but if the activity is above that threshold for even one member of the group, some intentional cost-sharing is appropriate.
@katethegreat Yes, definitely. Send an e-mail or leave a voicemail saying you need to talk as soon as possible--no need to wait until you happen to overlap in the office again.
@mayonegg if you live in boston, this could be the answer: http://www.eia.gov/todayinenergy/detail.cfm?id=14071 :(
@pizza My partner and I decided against hiring a financial adviser for pretty much that exact reason. As the author says, she wasn't telling us anything we didn't know already. Instead we spent the money on an attorney (drawing up wills/powers of attorney/health care proxies),and we're hiring an accountant to do our taxes and give general advice.
I would think about taking on debt in terms of investment. Is the debt allowing you to make a good investment that would otherwise be impossible? My partner took on a large debt for graduate school, but it allowed her to enter a new field, be a lot happier, and make a great deal more money. It was a good investment, and the cost of the debt (interest & fees) was worth it. Some of that debt was living expenses that allowed us to live frugally but not miserably. I guess what I'm saying is that there's a financially responsible way to approach debt financing of things; it doesn't have to be frugality versus embracing debt.
I agree with the spirit of Logan's advice but not the substance. I would advise the writer to inform Employer X that she needs more time because of Employer Y's interview, explaining that while a full-time salaried job at Employer X is her top choice, she can't pass up the opportunity at Employer Y in the given circumstances. And if necessary tell Employer Y that she needs action sooner than Dec. 1 because she has an offer from Employer X. In other words, be honest, but use this situation to your advantage!
@jquick I'm not confused when the machine acts up. I sure would be confused if the police stopped me after I'd left the store. And, frankly, terrified. Maybe I would have felt exactly like this guy did. More likely not, since we've had pretty different life experiences. It doesn't really matter, though, because the point is that he was harassed by the store and detained by the police for buying a belt with his own money. I'm reserving my judgment for their actions, not the young man's emotions.