demistress -> RE: What do you do with the money (1/11/2007 9:39:04 AM)
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I have only been faced with this one time, and it didn't last long LOL. But, we agreed, first he paid a flat fee towards household rent and expenses (rent, utilites, food). The remainder of each paycheck got cut evenly in half. Half went into a savings account, and half went into a "fun" account. The savings account was his to be taken with him when he left my service. Had it become an amount worth investing, I would have helped him invest (yes I used to be a financial advisor). The "fun" account was where his spending money came from, he was allowed a certain amount per week for gas, and meals, and any other expenditures had to be approved by me. This was also where money for events, play parties, toys, uniforms, etc. was to come from.
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