Just wondering as I have heard someone I know is having a "knock down drag out" with the spouse over money. Are you always honest with your spouse, do you both handle finances??? Personally, I handle the finances, mainly because I am not working at the moment. I openly admit there are things my hubby does not know, but he does know our monthly expenses and income and we talk about major expenditures.
That's us as well. With working full time and going to college full time he barely has time to sleep, much less juggle the bills. As long as he can work on his puter (power and DSL) after taking a hot shower (water and gas) and eat a nice meal he's a happy camper. Big decisions we discuss, but the day to day running, grocery shopping, etc he leaves to me.
I pay all of the bills, but he always knows what we have or don't have. We don't purchase anything without talking to the other first.
This is the way I was raised, My parents always did and still do discuss major purchases. The people I was speaking of are several years younger than me and I am wondering what she is thinking by spending "big" without telling him and does she seriously think he won't know???? OH and for reference, my Mom is usually the one that tells my Dad, "No" you can't buy that.......
I'm always honest with my husband and hes the same with me. Theres no reason to lie to your spouse about money or purchases... thats just silly... If i ever found out my spouse lied to me about money, he WOULD be gone. I dont tolerate a liar. If you lie to me about something as silly as a little bit of money then what else would you lie to me about?? No way i would be with a person that lied to me. I would ask why is this person even feels the need to lie to her husband? Is she afraid of him? Why cant she just buy what she wants? Is her husband a control freak?
My hubby and I have seperate banking accounts. We split the mortgage and utility bills. If I buy a car I pay for it. He buys a tractor he pays for it. We rarely purchase anything new (except the tractors because if they break down we lose a lot of money). I don't have to ask for permission to buy a horse or a saddle but I use common sense and don't go overboard. We both know our limits and make sure we have enough money for the bills. Although this Spring I had to drag him out of the local feed store when he tried to buy the entire stock of baby chicks....
We still have split accounts, but they are linked so that I can access his, he can access mine, and my login for online banking can operate both of our accounts. We have our own spending, and I pay certain bills, he pays others, and if one of us is running short of cash, we transfer funds to the other. We can't really hide out finances from each other, so there's no bother. If I want something, I tell him, he wants something he tells me, and we work it out around what we have. We both suck at lying anyway, so we don't even bother. Makes it easier to remember what's going on when it's only the truth
Quote:It sounds like our spouses were twins separated at birth. My friends tell me how lucky I am! As long as he has his basic needs met, he doesn't care what I do with the money. I told him to max out his 401K withholding because I will spend every penny I can get my hands on.
Hubby deposits his check and I take care of the rest. He has no clue about our finances and it's not because I haven't tried to get him involved. I had to take his debit card away and threaten him if he used the credit card any more. He figured if they let the transaction go through there must be money there dispite me explaining it many times I discuss all major purchases with him.
my wife has no interest in the finances so I keep track of them. She tells me when her cell phone payment is due. She needs to go clothing shopping for herself or the girls I tell her whats within the budget and hand over my check card. As far as our stash of mad money? She doesn't know, because I want to surprise her with a cruise next January.
