(Closed) Fun Poll: Financial freedom

posted 11 years ago in Money
  • poll: Does your spouse/future spouse have to discuss spending with you over a certain amount?

    Yes...anything over $100

    Yes...anything over $1000

    Yes...anything over $5000

    Yes...anything over $10,000

    Yes...anything over $20,000

    No...he/she can buy whatever, whenever

    Not really...as long as it doesn't come from the joint account.

  • Post # 32
    Member
    12326 posts
    Sugar Beekeeper
    • Wedding: June 2011

    As long as the bills can be paid, we’re pretty free to spend whatever.  However, he doesn’t really have any interest to buy *anything*, so its not an issue.  I’m the bigger spender, but will talk about big ticket items (over 200) just to discuss, but not really to ‘ask permission’.  I’m naturally a saver also, so its not like I’ll go nuts either.

    Post # 35
    Member
    3060 posts
    Sugar bee
    • Wedding: December 2010

    Not really.

    We have a joint saving/checking account, and seperate savings accounts. We put a certain amount into our bill account, and split the remaining amount – half goes to savings, and we split the other half.

    As long as we have the money in our seperate account, it doesn’t matter what we spend it on.  If it is something super large, that would require using savings (which hasn’t happened yet) we would probably need to discuss it.

    Post # 36
    Member
    6980 posts
    Busy Beekeeper
    • Wedding: February 2011

    Um… it kind of is a case by case basis. Technically I spent 20k without talking to him… Now, we HAD agreed I needed a new car, agreed on a type (small SUV either toyota, honda, or nissan), and agreed to a rough budget… but we said we’d wait until spring. I found a great deal on one and had about 4 hrs to make a decision. Fiance wasn’t answering his phone so I just went ahead and bought it. Dangerous precedent I guess, but Fiance wasn’t mad. 

    Overall though… I guess i’d say 100ish is the “limit”? But it really depends what it is. If Fiance stopped at the mall on the way home from work and picked up a couple new work clothes for $250 I wouldn’t care (work clothes = necessary). But if he went out and bought a $60 video game without mentioning it I might be a little peeved (games = not necessary). 

    Post # 37
    Member
    1110 posts
    Bumble bee
    • Wedding: October 2011

    We pool our money, and we let each other know what we need/want to buy. For me it’s usually coffee and for him its pop for work.

    I’d say anything under 10$ doesn’t get discussed, but only if there’s any left after bills&food are paid. Anything over 10$ he lets me know so I can work it in the budget.

    (Money is super tight because I’m a student & he works a crap job while going to school part-time for a better career.)

    Post # 38
    Member
    5259 posts
    Bee Keeper
    • Wedding: July 2010

    Socrates

    I don’t really pay attention to how much DH makes.  I mean, I guess I have a ball park idea- but I really don’t know.  He handles the finances, so he could easily purchase almost anything without my knowledge (that he could get his hands on/ afford). 

    Post # 39
    Member
    712 posts
    Busy bee

    We have such an odd situation, but so perfect for us. He takes some cash from each paycheck, and other than that, he asks me about everything. I am pretty much in charge of the acct, pay all the bills etc.. So he asks me if we have enough $ and I say yes or no. But we hardly make any single purchases over $50 unless it’s something important. $100 or over is considered a major purchase right now!

    Post # 40
    Member
    234 posts
    Helper bee
    • Wedding: March 2011

    More like $200 or $300 than $100, but definitely less than $1000, so I picked $100.

    Post # 43
    Member
    1245 posts
    Bumble bee

    I said over 100, but it really depends. I mean, if Fiance goes to the grocery store, he buys what we need, he doesn’t call me and say hey the bill is 110, should I get rid of the bread  and milk?

    If it’s something frivolous, at any cost, then we talk about it. The exception is presents, of course.

    Post # 44
    Member
    583 posts
    Busy bee
    • Wedding: February 2011

    You didn’t have on there that he has to ask me about EVERYTHING he buys. I’m the only one with a job right now so he has to ask for every little thing.

    Post # 45
    Member
    1830 posts
    Buzzing bee
    • Wedding: December 2017

    Singular objects over $100, yes. A shopping trip with items over $100? Probably not. We just transferred to a joint account so I am not sure how it will be working. He always asks me before spending any money, I never ask. We just discussed it (as I’m typing this) and he says its because I am the breadwinner so he expects me to spend the money but likes to  check to see what we have budgetted before spending anything. Very very true, I am the Budget Queen.

    Post # 46
    Member
    1007 posts
    Bumble bee
    • Wedding: October 2012

    My SO and I have a joint account into which we both equally contribute to cover the bills.  Other than that our money stays in our own separate accounts… I really don’t see the need to combine it.  Now OR after getting married.  I buy whatever I want out of mine and he gets whatever he wants out of his… I think it’s a good way to avoid any conflict.

    In the future, when we start saving up for big things like a house, we’ll probably both contribute to our savings account… but right now, I really don’t see a point in combining anything else.  I guess maybe that’s because we both make close to the same amount of money… if one of us starts making a whole lot more than the other, things might change, I suppose.

    The topic ‘Fun Poll: Financial freedom’ is closed to new replies.

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