Garage Sale Proceeds

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ditzyscrap

New member
OK, DH and I are having a discussion here...

He wants to sell some of his tools, which were bought out of our shared money. But, when he sells these tools, he wants to be able to keep the proceeds. I think it should go into our shared money.

His argument is that the tools are HIS, even though we both paid for them. My scrapbooking stuff is MINE, no matter who paid for it. Things that are common items, like a couch or dishes, is shared.

I'm not really sold on his reasoning, and told him I'd come here and ask what ya'll thought...so tell me...when you do a garage sale, do you split between his/hers/ours, or is it all the same?
 
If it was a present to him or he bought it, its all his. If its shared money, then you gotta both agree on what its spent on IMO.
 
I'm just trying to prove my point with him at this point, lmao...I'm fine with his way of reasoning this time around because I'm selling some of my scrapbooking and stamping supplies and have already made $100 off it with much more to go, lol...so I'm fine with keeping that just for myself, haha. ;)
 
newfiemountiewife said:
We just put everything together, regardless of who "owns" it, so I'm no help! LOL!
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Yeah this is us too usually, lol! Sometimes if there is something we are both wanting (like separate things....or if he is wanting something in particular...) we will just give each other equal shares to do what we want with. :) GL!!!
 
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We always share, but I would say if it were bought with shared money, it should go back to shared money.
 
hmm, we don't ever split our money up so we'd probably decide jointly what to do with the proceeds as a whole. We don't fight about money much though
 
I think even though your shared money paid for it, HE is the one giving up something that belongs to him, so it is totally fair for him to get the money for it.

That being said, we'd just put it all in a big pot and split it.
 
Everything that we have is "ours" no matter what it is. We have never had an argument about money - ever - and are pretty lax with "his" vs. "hers" and really just think of it as "ours" and go with it.
 
lovely1m said:
That's fantastic. Usually money is the biggest fight issue for most people.
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I've heard that before but other than the fight of not having enough at times, we don't fight much about it. I guess we're lucky in that respect..we fight about other things though ;)
 
Traci Reed said:
hmm, we don't ever split our money up so we'd probably decide jointly what to do with the proceeds as a whole. We don't fight about money much though
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Same here, everything is ours together. If one of us wants something it's no problem as long as we can afford it.
 
joelsgirl said:
I think even though your shared money paid for it, HE is the one giving up something that belongs to him, so it is totally fair for him to get the money for it.
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I'd have to agree with that. Or if you gave it to him as a gift, then it's definitely his. However, if you both used it with equal frequency, then I'd say it is shared. Like a TV or whatever.

But in our case, if we had a garage sale I'd have all the money go to debt which is shared.
 
We don't usually fight about money either...it was just one of those things...he didn't realize I was going to be getting rid of some of my stash, and didn't want to give up stuff and have me spend the money, lol. Up until recently, all of our money has been "our" money...
 
All proceeds are considered "our" money. But then again, my money from my job and his money from his job is "our" money too. We don't separate anything.
 
joelsgirl said:
I think even though your shared money paid for it, HE is the one giving up something that belongs to him, so it is totally fair for him to get the money for it.

That being said, we'd just put it all in a big pot and split it.
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I agree with Kellie on all points.
 
Originally Posted by Traci Reed
hmm, we don't ever split our money up so we'd probably decide jointly what to do with the proceeds as a whole. We don't fight about money much though
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mpatry said:
Same here, everything is ours together. If one of us wants something it's no problem as long as we can afford it.
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This is us also, we share everything together even though technically my DH is the sole money earner in our family. As long as we have the extra money available we can spend it on what we want. We usually just run it by each other so we know how much is being spent and on what. About the only time we fight (or complain mostly) about money is when there just isn't enough if it :D
 
We had issues with our last garage sale. We made $700 and most of that was from our baby stuff, which was either gifts or bought by us. My argument was I get the money b/c I did all. the. work. He did nothing but play warcraft on his computer at night. I worked for three straight days/nights bringing up bins, going through, pricing & labeling, organizing. Then, I sat at the garage sale for two days straight.

Anyway, he didn't agree with my reasoning either. LOL So I gave him some. Maybe he can share, but take most of it? I don't know what to suggest.
 
We don't have his mine & our money. However for yard sales, because I do all the work, I get to splurge with what I make as fun money. That said, I've never sold any big ticket items of his. If I did, I would let him spend that how he wanted to :)
 
joelsgirl said:
I think even though your shared money paid for it, HE is the one giving up something that belongs to him, so it is totally fair for him to get the money for it.

That being said, we'd just put it all in a big pot and split it.
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Same here. He's losing something, whether he uses it frequently or not, and I think it's fair for him to keep the money, or at least some of it. If you're selling scrap supplies that came from shared $$ and keeping the profits, it's only fair that he gets to keep the $$ too.

You could always comprise by putting a portion of each of the profits (from your scrap stuff, and his tools) to shared $$. That way you both get to keep some, but some is still going back into shared $$.
 
I did all the work for our yard sale too, it took me a week, I know some of you girls saw my pics on Facebook and knew how much I had there LOL. It was almost all baby things though, and kids clothes. We didn't really split it, I just put it in the bank and it got spent on whatever, groceries, etc. I spent about $30 on scrap kits, he took some for whatever he spends money on LOL!
 
We don't keep money separate, but if my dh sold some of his tools, and wanted to buy something with the proceeds...I'd say go for it. I buy what I want when I want it, and he can do the same...so it's never an issue for us. I say give it to him, and keep your own scrapping proceeds!
 
Any money that comes into our house is shared money no matter where it came from. So I would not agree with your husband but my husband and I came to the conclusion sharing everything makes things alot easier for both of us.
 
Ohhh also I handle all bills/financial stuff because I am so much better with money then my husband is so IF we had the money Id be the one to say if it was better to go towards bills or if it could be spent on something frivolous. So not sure if either of my answers would be much help
 
joelsgirl said:
I think even though your shared money paid for it, HE is the one giving up something that belongs to him, so it is totally fair for him to get the money for it.

That being said, we'd just put it all in a big pot and split it.
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Agreed. You spent money on your scrapping supplies with "shared" money, and you are keeping it, so he should be able to sell his hobby supplies and keep it. Unless you are willing to dump your scrap earnings into the same pot, its not fair to say that he has to share but you don't.

ETA: When DH and I had our garage sale last year, I sold a lot of scrap supplies and I just put it in our shared money. We put it towards our summer vacation. We've never done the whole "his and hers" money thing.

Traci - I'm with you - DH and I have never, ever had a fight about money (even when money is tight, like most months).
 
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Well... in my situtation, I'd be the only one who would be setting up the sale and running it... so I'd keep the cash. LOL! However, when we got married, his stuff became mine and my stuff became his... so it would be shared... my scrap money comes from the family budget and his electronic budget also comes from the family budget... so, I would say it's shared.
 
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