Combining finances

She makes less but still a decent amount and pay for the smaller bills.

Every once in a while, she'll pay for a big-ticket item (like a vacation or a large house repair) out of her savings, which accumulate faster than mine, to catch up.

It works because we started together with next to nothing, so we're both big savers: Our combined income our first year together after college a little over ten years ago was probably a quarter of what we'll make this year. We both max out (or come very close to maxing out) retirement now. She has more cash on hand because I'm paid proportionately more in various types of stock incentives, so when my incentives vest I tend to sell the company stock to diversify but keep the money in investments).

We live in a small house, no kids, reasonably cheap cars, vacations are often tacked on to work trips to save money, no expensive hobbies.

I doubt I'll "retire" early but our savings mean if I decide to leave tech in a decade and become a woodworker or park ranger, I can with no monetary consequences.

There are some surveys on why couples with joint accounts also maintain individual accounts, one of which seems to indicate independence is the biggest factor (38% of respondents). Only 16% said they did it for ease of budgeting, which to me seems to indicate that the system recommended by the article is relatively uncommon. [0]

For us, we keep it relatively simple. We have some savings from before the marriage in separate accounts that we use for stuff like surprise gifts or security when we need to pay something that requires a direct transfer online. Everything else comes from the joint account or goes through a joint credit card that we pay off every month.

Although our opinions still differ slightly on some long term goals that we won't have to decide on for a while, generally if there's a disagreement we just talk it out. We consult each other on expensive purchases, generally non-necessities over a certain amount. We've both supported each other through periods of temporary unemployment or income differences. Admittedly, having similar values and living in a low cost of living area helps a lot with this.

I'm not sure the system in the article would help too much for resolving expensive decisions unrelated to individual hobbies. For example, if one person wants to spend a larger portion of income on housing that requires more joint contribution, there's still a possible conflict. It does make those kind of decisions have a discussion built in by default though, which is definitely a good thing.

Overall it seems to me that the key thing is that people are having healthy discussions and making decisions together - including decisions around what to leave totally up to the other person, like the article's system does. Some conflict might be totally avoidable, but I think there's no way around just learning how to resolve disagreements respectfully.

[0] https://www.prnewswire.com/news-releases/td-bank-survey-find...

This is wrong since they specifically talked about saving their fun money.