I'm getting married this summer, and we're trying to figure out how we'll deal with our finances and budget. Thought the forum would be a good place to solicit some wisdom with regards to budgetting for this expensive hobby.
Currently (engaged) we live together and split the bills 50/50. We maintain separate bank accounts and pretty much stay out of each others' financial business. Right now this is works for me, because when I want to update SONAR, pick up a new sample library, or get a new component for my DAW, I can do so guilt-free.
But when we're married we plan to be much more communal with our money, sharing a joint bank account. I think this is a good idea but since our money will be "ours" I feel that making these expensive purchases will be taking more than my fair share. She doesn't spend much money at all, and her career/hobbies don't require her to update technology regularly.
She and I talk about this regularly and I'm sure we'll figure something out, but I thought I could benefit from the wisdom of those of you who have already come up with a solution.
Would anyone care to share how you approach this?
P.S. Incidentally, I am a professional musician (mainly as a teacher and conductor), but none of my jobs really *requires* all of my music stuff. My software and gear is mostly used for composing, which currently makes up less than 5% of my income. In other words, even though I'm a professional musician, my gear is still arguably a hobby pursuit.