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RE: How do you handle finances? - 5/28/2009 6:03:25 AM   
GYPZYQUEEN


Posts: 730
Joined: 4/14/2009
Status: offline 		IN our POLY Home there was a house account where we pooled..for living expenses..groceries ..
Then we had a fun fund...and emergency...
The subs and self had our own spending money and  if someone namely ME had organized thier life in such a way as to have MORE income...then they often did MORE things than the others.
We had wills for each other..bought land together and made major pruchases such as ride on mower for the acerage.
When land was sold it was divided equally.
If some one left..they were bought out  and set up elsewhere..
What income one had BEFORE entering the POLY was thiers..
We all were generous with gifts,,,trips..and addtional things for the home such as when someone saw something was needed such as a new chair,towels etc.
 
GQ

(in reply to MissJanice2)
Profile   Post #: 21
RE: How do you handle finances? - 5/28/2009 6:27:32 AM   
leadership527


Posts: 5026
Joined: 6/2/2008
Status: offline 		We're married. Money is pooled and always has been. Now that she's taken my slave collar, I of course own all the money but that's more dom chest thumping than any sort of reality. In real life, we are a team and our money works for us together. Pragmatically, I 'control' the money, but only because I'm the math guy between us.

Money is not a major issue in our relationship (and I'm thankful for that).

_____________________________

~Jeff

I didn't so much "enslave" Carol as I did "enlove" her. - Me
I want a joyous, loving, respectful relationship where the male is in charge and deserves to be. - DavanKael

(in reply to gentlemanprince)
Profile   Post #: 22
RE: How do you handle finances? - 5/28/2009 8:24:43 AM   
army101


Posts: 42
Joined: 5/2/2009
Status: offline 		Mostly common sense works best and I will help as need just to be human and at times it works the other way as well. Money should never handed over to another totally. Any and all money issues should be a team effort!


(in reply to leadership527)
Profile   Post #: 23
RE: How do you handle finances? - 5/28/2009 8:39:47 AM   
LaTigresse


Posts: 26123
Joined: 1/15/2006
Status: offline 		Right now the only person I live with is totally not a power exchange situation. We each keep our own finances to ourselves. We split all the bills pretty equally (without sitting down and writing it down dollar for dollar). We do have access to one another's stuff if something should happen and we each have a vague idea of what that stuff is.

When and IF, I ever have another slave in residence, I control all her money. It's just my choice.


_____________________________

My twisted, self deprecating, sense of humour, finds alot to laugh about, in your lack of one!

Just because you are well educated, articulate, and can use big, fancy words, properly........does not mean you are right!

(in reply to gentlemanprince)
Profile   Post #: 24
RE: How do you handle finances? - 5/28/2009 11:15:13 AM   
OrionTheWolf


Posts: 7803
Joined: 10/11/2006
Status: offline 		These are based upon the Gorean view of slavery, and mistakes I have made in past M/s relationships. Everything goes through me, but not exactly micromanaged. My property owns nothing, I have complete Durable Power of Attorney in the event something must be signed, and she does not shop. I have prepared contingencies for emergencies, as anyone in this kind of relationship should, but they must be a real emergency. Much of this has to do with the process of Internal Enslavement as well. Many disagree with that, but my girl says she has never felt more secure, and many of her emotional issues she has had in her life are gone, or at a minimum. It works for me, as it is the only way I will have it, and it works for her.

This may not work for all.


quote:

ORIGINAL: janiebelle

quote:

ORIGINAL: OrionTheWolf

All money made by my slave are my assets. I determine all spending, and handle all cash. She may do some online bill pay and keep records, but she carries no cash. In case of an emergency, she does have access to one of my checking accounts that is set up for emergency funds, and there are a couple of places (car, night stand, etc.) that have $20 in them just in case. Otherwise she does not touch money unless it is to accept her tips from work, or tip out at work.


Is that fairly typical?  Handling the bills and shopping was just another of my duties, one more thing he didn't have to worry about.
I never thought of it in the context you mention; I can now see the power dynamic involved.
j



_____________________________

When speaking of slaves people always tend to ignore this definition "One who is abjectly subservient to a specified person or influence."

(in reply to janiebelle)
Profile   Post #: 25
RE: How do you handle finances? - 5/28/2009 11:19:00 AM   
OrionTheWolf


Posts: 7803
Joined: 10/11/2006
Status: offline 		Not to mention a life insurance policy that she is the beneficiuary on, and another account she has access to.

If there were to be a split, I would set her up in her own place, send her back to family, or whatever other arrangement that I deem to be the best for her. My property would not be left out on the street. Hell, I do not even do that to people I dislike, much less a beautiful creature (inside and out) like my amira. Have never done it in the past, and won't in the future.


quote:

ORIGINAL: SomethingCatchy
quote:

ORIGINAL: OrionTheWolf

All money made by my slave are my assets. I determine all spending, and handle all cash. She may do some online bill pay and keep records, but she carries no cash. In case of an emergency, she does have access to one of my checking accounts that is set up for emergency funds, and there are a couple of places (car, night stand, etc.) that have $20 in them just in case. Otherwise she does not touch money unless it is to accept her tips from work, or tip out at work.



I realize this works for you, but have you set up something to protect her if you decided to dump her or is she shit out of luck? What if you were struck by lightening?


_____________________________

When speaking of slaves people always tend to ignore this definition "One who is abjectly subservient to a specified person or influence."

(in reply to SomethingCatchy)
Profile   Post #: 26
RE: How do you handle finances? - 5/28/2009 11:30:57 AM   
kyraofMists


Posts: 3292
Joined: 7/29/2005
Status: offline 		He makes the decisions and Alandra and I do the work to make sure it is carried out.  He and Alandra are married and he and I both work outside of the house.  His money supports the family and the money from my job is used to support our extra-curricular activities.

We have several different accounts that have at least two names on them; he and Alandra have accounts together and he and I have accounts together.  The three of us are listed on the title of the house and the vehicles.  We are each other's beneficiaries and we all three have wills, power of attornies, etc. in the event of emergencies.

The foundation though is he makes all decisions regarding the finances and Alandra and I do the work. 

Knight's Kyra

_____________________________

"Passion... it lies in all of us. Sleeping, waiting, and though unbidden, it will stir, open its jaws, and howl. It speaks to us, guides us... passion rules us all. And we obey..." ~Angelus

(in reply to gentlemanprince)
Profile   Post #: 27
RE: How do you handle finances? - 5/28/2009 12:40:38 PM   
YourhandMyAss


Posts: 5516
Joined: 6/25/2006
From: Sacramento
Status: offline 		We're not D/s never will be either, but we are 24/7 and we live together full time.

We tend to pool our money,  in the fact that if you have 900 dollars you can spare and I need it, you'll loan it to me and I'll pay ya back soon as I am up and running again, but the need would have to be awfully important, nott like loan me 900 dollars so I can g buy a new sterio system. Other wise he pays for groceries and gas for the car and for when we eat out, and he gives me money to tip the massage person  or the nail lady or whom ever I have gotten a service from or whom ever I have taken my animal for a service, their gratuity, because he expects me to tip.


If I want some extra money I ask and if he has it to spare he'll give me some to go treat myself nice, since he gets payed more than I do and more often, and sometimes to turn the tables I buy HIM the food.
quote:

ORIGINAL: gentlemanprince

For those of you living in a 24/7 D/s relationship, how do you handle finances?  Do you keep your money and earnings separate, each contributing to the household expenses?  Do you pool your money? Does the dominant take charge the money?  What do you do when there is a substantial disparity between the two in terms of earnings or financial assets?

I'm not suggesting that there is any right or wrong way of handling it.  But I am curious as to what seems to work and arrangements that have led to problems.

I am cross-posting this also to Ask a Mistress, so excuse me if you have to read this twice. 

(in reply to gentlemanprince)
Profile   Post #: 28
RE: How do you handle finances? - 5/28/2009 9:14:33 PM   
Heathen4


Posts: 17
Joined: 5/26/2009
Status: offline 		I'm a submissive who lives with her Master at college. Because we're in college,money is extremely tight for both of us. I wish that I could give Him my extra spending money and have Him give me an allowance, but He refuses. I thought that all Masters would handle finances like this, but apparently not. Maybe it will change when we actually have a significant amount of money, but for right now, our finances are strictly seperate.

(in reply to YourhandMyAss)
Profile   Post #: 29
RE: How do you handle finances? - 5/28/2009 9:32:01 PM   
Gaulthierdewin


Posts: 22
Joined: 11/8/2005
Status: offline 		I am a business owner and recently a slave owner. She is quite a bit younger than me and has recently been transported from the West Coast to the East Coast by me. I am more than happy to assume responsibility for her as she is now my possession. As she is not only my possession but a prized possession I am committed, as her Master to take care of her as a Master should.

I have provide her with both an apartment and a job. She now works as my personal assistant and lives in an apartment near me . I have also required that she work as a waitress in a local restaurant to enhance her ability to serve. She is required to deposit all of her earning into a Money Market account until such time as she has saved enough to invest. I will guide her in investing.

I pay for her apartment, her graduate school classes, food and entertainment. She endeavors to develop herself and serve me.

She has not committed to a lifetime of service nor have I requested that of her. Instead, she has committed to a four year period of indentured servitude. At the end of which we will discuss renewing her contract, any alterations to her contract, or ending her service to me.

This may seem very cut and dry but we did enter into an agreement in which we recognized her as property, a possession, regardless of any physical and/or emotional intimacy between us.

(in reply to Heathen4)
Profile   Post #: 30
RE: How do you handle finances? - 5/28/2009 9:35:01 PM   
Gaulthierdewin


Posts: 22
Joined: 11/8/2005
Status: offline 		I should add that there are very strict parameters in which she lives but she has fully accepted them. This is her first year of service and she seems quite excited.

(in reply to Gaulthierdewin)
Profile   Post #: 31
RE: How do you handle finances? - 5/29/2009 2:54:40 AM   
Rayne58


Posts: 746
Joined: 2/22/2005
From: Sydney Australia
Status: offline 		*fast reply*
Sir and I are married, but maintain separate bank accounts.  We are both on pensions (He disability, me carer).  I know His PIN number, He doesn't know mine - because He doesn't want to   Point of fact, I have more money than He does because of a previous divorce, but He has insisted that I keep that in my own name.  It does enable us to have some extra luxuries that we otherwise would not have.

We each get cash out each week for groceries, petrol and rent (which is banked once a month).  I pay our bills through internet banking and He gives me His half in cash.  We take turns paying for petrol and I usually buy the groceries but He will give me money or insist I take it out of His wallet.  I keep the receipts but He hardly ever looks at them.

He told me one day that He trusts me to care for His health, so why wouldn't He trust me to handle our money too?  


_____________________________

Collared sub and married to Nevershyau

(in reply to Gaulthierdewin)
Profile   Post #: 32
RE: How do you handle finances? - 5/30/2009 12:28:49 AM   
MaamJay


Posts: 2101
Joined: 9/2/2005
Status: offline 		When Master and i first got together, it was in a poly with My sub hub, so I (being in the middle) controlled the finances as best as possible (hard to contain the sub hub!). Once Master and i moved to be on Our own, i asked Him to take control of the finances, and handed over my share of the proceeds of the sale of the house for Him to buy a new place in a different state (meant We got the first home owners grant there). Yes there were some collywobbles about that ... but i could also see He was nervous about accepting that responsibility too. There wasn't any sign of "great, now I'll dump her and run" LOL! In the end i saw it this way ... i trust this Man with my life ... what's money by comparison?? Now We've sold that house and bought the 5th wheeler van and Chev, they are both in both of Our names. And We have wills and insurance where each is the beneficiary. It's all about being responsible in Our eyes. And while He is the controller, He doesn't feel right about making decisions unilaterally so inevitably discusses them with me before He goes ahead. And i really appreciate that.

Maam Jay aka violet[A]

_____________________________

Life is a song ... and I love singing it! (By me!)

(in reply to Rayne58)
Profile   Post #: 33
RE: How do you handle finances? - 5/30/2009 6:35:32 PM   
petpete


Posts: 677
Joined: 7/6/2007
Status: offline 		Easy question!! If you enter a place with flashing lights and with a "Casino"sign on when you see a roulette place either on a red or black. You either get the chance to double it or walk out with nothing.

_____________________________

Chief: Max, you realize you'll be facing every kind of danger imaginable.
Max: And loving it!


(in reply to MissJanice2)
Profile   Post #: 34
RE: How do you handle finances? - 5/30/2009 9:17:33 PM   
ZenDragoness


Posts: 372
Joined: 1/21/2006
From: Berlin/Germany
Status: offline 		In our household i handle the finances, because i am good at it and have fun with it. That would be in every possible relationship situation be the same, because i have a talent for money and for keeping it in the familiy and making good deals.



_____________________________

aka Morgaine289

http://goldenerkern.blogspot.com/

(in reply to gentlemanprince)
Profile   Post #: 35
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