Do you have savings "just in case"??

[bridgetwu75]

I have to change my answer. I gave mine up. We need it.
Dbf said we'll replenish it down the line when we're rolling in it.

[caligirl07]

Nope, nothing seperate or secret. It just wouldn't work for either one of us, I can't live in the "what ifs" it would drive me crazy.
Plus I trust him 100%.
I also have my college education and an awesome family so perhaps thats why I don't really worry about it, I know my kids and I would be fine if somthing horrible were to happen.

[patti_jim]

Originally Posted by Rin

I am not on Dh's account, so if sometheing were to happen to him, I'm not sure what I'd do. Honestly I'd have to depend on his parents. If he were to do something like cheat on me (which I honestly believe he would never do) I wouldn't be able to do anything. All of me, my life, my kids, is invested in Dh and his family.

Same here. I'm not on my DH's bank account and that is where all of our money has always gone.

When I was working as a waitress and making $100-$200/day I would stash away at least $20-$50 from each shift. It added up a lot faster than I thought it would. I feel somewhat bad about it because anytime divorce has been a subject, it has been ME bringing it up! I just don't trust him enough at this point to consistently put his family first. And I know if I was to leave him, he WOULD be very vindictive and not help at all.

The joys of living in a No-Fault state No such thing as alimony here!

But.... I look at it like this. If things go downhill and I need it then i'm glad. And if things get better and I get to the point where I trust him utterly and completely, then we'll take an awesome vacation on one of our anniversaries, my treat!

[minna_k04]

No, and if I did I would look at it as an insult to my dh. I do have a secret piggy bank, but that's where I hide money for his gifts, so I can do it secretly.

[CaelsMom]

DH makes all the money and I handle the paying of the bills. We do have a joint savings also. I should start myself a savings but I bet he would be mad about it. He thinks everything is 50/50.

[greenilady89]

I put no. I don't plan on being a stay at home for much longer and we don't even have money in savings. I have family to stay with if something ever went terribly wrong.

[mommabert]

I picked "other" because I opened an account for G where it's just me and G on the account in case anything happens then I know I have money for G. Does that make sense? Then if nothing happens, G has a nice savings account.

[catccc]

This was a little weird, I thought the poll was "just in case" of an emergency, or something. Not about spousal support. So I'm a SAHM, but temporarily as I am the breadwinner. Our money is all in joint accounts, but I'm the family accountant and manage the finances.

[penguin89]

Originally Posted by patti_jim_reynolds

The joys of living in a No-Fault state No such thing as alimony here!

Really?! Is that what no-fault means? That you wouldn't even get any child support? Or just no alimony? I'm pretty shocked. What state is that?

[flatoutgallop]

I dont have any 'jic' savings, but the kids have a savings account under my name.

That said - I trust DBF completely that he wouldnt just leave us in the lurch. He would always help support his children.

[bridgetwu75]

Originally Posted by penguin89

Really?! Is that what no-fault means? That you wouldn't even get any child support? Or just no alimony? I'm pretty shocked. What state is that?

I believe, from when dbf got divorced in Hawaii which is also a no fault state, that is just means no alimony. You can get awarded a lump sum, and you can get child support, but no continued monthly payments.

[moosh34]

Originally Posted by caligirl07

Nope, nothing separate or secret. It just wouldn't work for either one of us. Plus I trust him 100%.
I also have my college education and an awesome family so perhaps that's why I don't really worry about it, I know my kids and I would be fine if something horrible were to happen.

Same for me.

[prachi jain]

nope i dont have any saving off mine i do trust my DH a lot but some how i think i should save because you never know how the situation is in future.........

[LisaMLS]

I voted other. I have money in my bank account that I started before I got married. I liquidated most of it when we bought a house, but I still have some. I am not adding to it thought. Any money I make from a side job goes into our joint account. I am not worried at all.

[futuresoccermom]

Nope, I don't!

[patti_jim]

Originally Posted by bridgetwu75

I believe, from when dbf got divorced in Hawaii which is also a no fault state, that is just means no alimony. You can get awarded a lump sum, and you can get child support, but no continued monthly payments.

Yep. No spousal payments but still responsible for child support.

[CoffeeCat]

Originally Posted by Fallenstar80

Nope. I trust DH not to screw me over. Actually I trust DH not to do anything that would warrant a divorce.

Me too. Never crossed my mind.

I would like to get life insurance though...we had some savings built up & were about to sign up for life insurance but he was laid off over the winter & everything was pretty much depleted, including money for anything but our mortgage & necessities. But now he's back at his old job plus working overtime & we're going to get something in place.

[stacie]

I voted other because dh and I each have a set amount we take out of our paychecks each week.I like to save some of my money just in case something comes up or I want to buy something extra I tend to use it on gifts or Christmas so that shopping never really comes out of our budget.He also likes that if I want that extra something that cost a little to much it has no imapct on our credit cards.

[daynasrose]

I voted that I have enough saved. I have always saved money "just in case.." You never know what could happen. My DH calls me frugal and over concerned about the future. He has a completely different perspective to say the least. So I take care of the insurance and savings and let him be the free-spirit. I love him that way.

[cynleigh99]

Nope! I trust my DH and he trusts me. IMO what's the point in going into a marriage with 'one foot already out the door'. It's like you're preparing to get divorced.

[sundrip]

I don't have an account in just my name but I am listed as primary borrower for our car and we have a credit card in my name so I have a credit history should I need it. We are still working on building up savings and getting proper insurance but we plan to take out a term life on me at some point soon. Term life makes more sense than life insurance since it's generally less expensive and DH would only really have a lot of extra expenses associated with my death if we still had children that would need extra care. So, it makes the most sense for a SAHM mom to have term life sufficient to cover nanny/day care, therapy etc until you don't forsee your children needing it anymore.

[peppermint.candy]

I wish I did now! It would have been nice to have now that I need it.

[lydiakirby09]

DH & I trust each other completely. We had a rough patch right after Daniel was born, partly due to my PPD, but I know if anything ever happened, he would still help out. If not him, definitely his parents.