(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 # 77
    Member
    625 posts
    Busy bee
    • Wedding: July 2011

    Not that he HAS to but we try to make it a point to discuss big purchases to make sure we can A) actually afford it, or B) that it is even worth it. It’s not like he isn’t allowed to buy expensive stuff. We just try to make sure it is worth it and it wont hurt us in the future financially.

    Post # 79
    Member
    7039 posts
    Busy Beekeeper
    • Wedding: September 2010

    @Socrates: Yes, expensive – but doable if you live way below your means like us! It’s not through a work assignment, it’s a “let’s quit our jobs ,take a breather, and move” type thing.

    Also, homes where we are moving (San Fran bay area) are definitely not in the $200,000 range, even now. So that’s a lot of nickel and diming each other to get our down payment (the Asia trip is really a drop in the bucket when you consider that a 20% down payment on a home in Berkeley CA will set you back $150,000+ easily)

    We also don’t have a need to spend on electronics or other small goods at the moment – we’re all set in that department. Hence coming to each other before spending the money. There isn’t anything we really “need” right now, except to put money towards our future goals.

    Post # 81
    Member
    6584 posts
    Bee Keeper
    • Wedding: October 2010

    @ Socarates –  We are not huge spenders in general.  Although in a previous comment, I did talk about buying a car without talking to him about it.  But we don’t go through life thinking “oh I can spend whatever I want”  because ultimately we are still responsible to pay the bills (probably the same kinds of bills as everyone else when they pay them jointly).  I won’t go out and spend a lot this week because i know I have to buy groceries, he won’t go wild because he knows he has to pay the utilities bill etc.  I think it takes a large amount of trust on both our parts, which is – you know- a huge part of marriage. 

    Post # 84
    Member
    6584 posts
    Bee Keeper
    • Wedding: October 2010

    @Socrates  Oh yeah- in that case, an arrangement like ours would not work at all!  🙂

    Post # 85
    Member
    869 posts
    Busy bee
    • Wedding: April 2011

    We have a joint bank account and a tight budget so anything over $100 we discuss first. It’s mostly so we can budget things in. Fiance wants a new snowboard? Great he can have that this month and next month I get to spend the same amount on shoes and clothes 🙂 lol. Win win.

    Post # 89
    Member
    5592 posts
    Bee Keeper
    • Wedding: June 2010

    I would say we don’t really ask permission, but something over $100 would probably come up in conversation before we actually purchased it. 

    As we speak, my husband is sitting on the couch beside me telling me he wants an iMac, and I’m telling him we already have two relatively new, perfectly good computers, but when one goes on the fritz, it’s a possibility.

    I’ve been known to announce that my wardrobe sucks, and I plan to go out and spend money to buy some new stuff, but I wouldn’t call from the store for approval of each item.

    We both know what the budget looks like, and are fairly responsible with our money.  We know that we’re trying to save up a DP on a house, and that any other major spending needs to be on something that’s worthy of diverting money from that.

    Post # 90
    Member
    1707 posts
    Bumble bee

    We discuss things but typically it is an after discussion or a “hey I’m currently shopping for this what are you doing today” kind of discussion. It is more so that we discuss things when they are over $300.

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

    Find Amazing Vendors