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	TSR : Web boards : Internal Enslavement : "Finances" 1 2 3 4 5 6 7 8 Finances (74) This post is on the Internal Enslavement web board. 25 Aug 09, 1:14 AM Master1Willcall US(FL), 2 yrs My S/s has a joint checking and savings account. Any monies that she may earn are appropiately distributed as I have set rule to. First 10% is directed into savings, 1/2 is of the total is deposited into my personal and private accout, and the remainder goes to her joint checking account. I allow her to have a joint accounts with me. I supervise all transactions. She has already agreed to and practices TPE and will not touch the accounts without my knowledge. I give her this trust, and teach her finances. This is my role as her M/D. Some day I may be incapacitated and she'll need to know how to utilize the finances. Until then, she is My S/s and abides by the rules set forth. 20 Sep 09, 10:43 AM Mr_BigSi UK, 3 yrs Y! Well I haven't any experience yet but in my mind, I would plan to allow her to keep a savings account and save a % of money each month. This serves 2 purposes, one to encourage saving of money and 2nd to give her a contingency should anything happen to the relationship. 20 Sep 09, 11:47 AM SirJames1959 UK, 2 yrs Y! To start I will stress this our set-up, I wouldn't recommend it to anyone else. My slave has no control over any aspect of her life. I am totally responsible for her. She doesn't have a bank account because all funds go through me. All the clothes that she has I bought for her. She has no property at all and, as such, is totally reliant on me. She is happy and content with that, but I have a heck of lot of responsibility Edited 20 Sep 09, 1:06 PM by SirJames1959 4 Oct 09, 3:12 AM 000-733-561 BE, 11 yrs Y! Of course it's possible. But in our relationship my Mistress/wife owns everything. I am (IRL) legaly in debt to Her (a large sum of money), which is intended and is part of our lifestyle. For dailey purposes, I always have some small change, so that She can call me and order to get Her the daily bread or so. So there are two levels: - if I ever were planning to leave my Mistress, I would have to pay Her a lot of money. - She prefers me to act normally in a vanilla environment, so I always have loose change. -- Husband/slave from blmtrsne -- 11 Oct 09, 6:32 AM Beardedknight US(AR), 2 yrs Y! 000-144-008 wrote: Slavery is not so cut and dry as the textbook definition. As with all that we do there is negotiation prior to the final contract and ownership. sincerely, angel Yes, through negotiation a slaves finances should be turned over. For one thing being a slave isn't a free ride, even though there seem to be a lot of "people" out there that think becoming a slave is a free ride. Deductions from a slaves income (if working) would be deducted to cover the expenses of having the slave as part of the household, food, insurance, vehicle maintenance, etc. The slave would also be given a negotiated amount to have in her/his own checking account and the rest would go into a savings account, specifically for the slave if the relationship should end. Thus leaving the slave with funds after the relationship. Yes, the slave would have to show what she/he spends their personal money on, to insure they are being wise in thier spending. Also, if something came up that the slave needed to withdraw money from the saving account it would need to be discussed prior to the slave doing so. Now, if it is decided that the slave would not work, I would set up a savings account for the slave and deposit funds on a monthly basis that would be negotiated in the beginning, so that the slave would have funds if the relationship did end. In this situation the slave would not have "spending money". If the slave wanted to purchase something he/she would have to request the money from the household and it would be my decision whether she really needed to make whatever purchase that was being requested. All these things would be discusssed and rediscussed during negotiatons and again during renegotiations. With respect, Sir Tim the Beardedknight 12 Oct 09, 10:42 PM 918-939-123 US(CA), 2 yrs Master brings in all the money but I am in charge of it a part of my responsibility to him.It truly does depend on what he says though A slave of noble character is her masters crown, but a disgraceful slave is decay in her masters bones. 15 Oct 09, 12:36 AM SirJames1959 UK, 2 yrs Y! 272-387-080 wrote: Finances Is IE or TPE truly possible without turning over one's assets to the Dom or Master? I think it comes down to the individual circumstances, I assume that you are in the sub position. If you are happy to turn over that level of control then do it, if you're not then don't. Slave 4187 belongs to me, I am totally responsible for her well-being 16 Oct 09, 9:33 AM Ms_Valentine UK, 3 yrs SonicAttack wrote: 272-387-080 wrote: Finances Is IE or TPE truly possible without turning over one's assets to the Dom or Master? I think it comes down to the individual circumstances, I assume that you are in the sub position. If you are happy to turn over that level of control then do it, if you're not then don't. I think the point that was made in the original question was that IE and TPE are at the extreme end of the spectrum in terms of dominant and submissive relationships. That extreme end of the spectrum requires the sub to hand over all control, that is what TPE (total power exchange) means or become a slave and be internally enslaved, becoming owned property without rights. So, the point is in those particular circumstances, can the dynamic work if the sub holds onto their own financial assets and through them has a definite and legally recognised independent material wealth. My take is if you are a slave, no, then independent wealth is not compatible with the dynamic. 1 Nov 09, 12:03 PM ClassAct2009 UK, 2 yrs It certainly concerns me because I'm very submissive and yet not very keen to lose my money and earning capacity as I keep my children and many men couldn 't afford to take that on. Would be very different if I were 20 years younger. 19 Nov 09, 4:39 AM 713-502-942 2 yrs In theory, giving up property and financial rights makes sense. However, the reality is that it isn't completely practical. In the vanilla world, when two people get together, they marry and MERGE their assets. Most couples in todays society still maintain seperate accounts but have a joint account for bills. Their money gets deposited, they keep a fraction and the rest goes into the joint account. They have their own cars and most likely add the significant other to the title. They have wills to protect the well being of the other. What seems to be discussed here a lot is completely giving up all assets and this concept is covered up by using TPE as the reasoning. Yes, as a slave, i am property and therefore, in theory, should not own property. i do though. my Master and i have discussed finances in depth before i even knelt before Him. His decision is that we'll have a joint account, i am required to keep a savings account, and that a long way down the road, He may require that my property become Our property. He would not completely take my home from me. A lot of the responses on here have the slave saying that they have given up everything or the Master has taken everything, but very few actually have a plan in place for the slave if something happens to the Master. Why is that? Why not have a will to protect Your property, especially if You do not plan to marry her? There are a number of states that, if you aren't married, you aren't entitled to anything if your partner passes. If Your property, meaning Your slave, isn't properly protected, she will be in a major bind if something happens to You. It's not practical to sign over a house to someone else. It doesn't work that way. One Dom poster mentioned keeping their slaves name on the title but that they (the Dom) would have ultimate authority over the item. If the Dom wants it sold, she's to sell it. Again, great idea. However i own my home and have worked very hard to get where i am. i wouldn't be ok with selling it or completely signing it over just because my Master wanted it to happen. TPE, in a perfect world, would be amazing. However it is not truly practical. Every slave on here has a limit of some kind. Every slave on here has negotiated, in some way, their contract to serve their Dom. Why then, would you give up your means of financial care if something happens to your Master? Next page