- 8 years ago
- Wedding: June 2014 - Cedar Lake Cellars
DH has always taken care of all the finances. When we got married, before he added my as an authorized user on his credit card, I suggested that he give me an allowance. I was completely okay with it, because it would have made things easier for me. Even though I had access to everything, I just wasn’t comfortable spending his money without some limits. Plus, to me it made sense from a budgetary standpoint…
However, DH never gave me an allowance. For a while, I had my own account (both our names were on it, but it started out being mine before we got married, so we called it mine), and I basically used that whenever I spent money. When we simplified our banking and closed all the separate accounts, DH put me on his credit card.
Now, I have no problem spending his money, because I finally think of it as our money. I do ask him about large purchases, but for the most part, I just use my own discretion.
We just do a shared account. He doesn’t question how I spend anything.. since it was me that taught him how to save money in the first place! Most of our money is in one account, but we each have seperate investment accounts. My mom was a homemaker for a long time, and that’s how my parents did it too. I think if you truly view the money as “our money’ versus his or her money, you don’t have a lot of problems.
I have full access to our account. Its our money. & Actualy I am the one who manages it. I make sure all of the bills are paid, ect. I lay out what can be used as spending money each pay day, ect (Not by what I say can be spent, but by what can be spent smartly with extra money left over). It works out perfectly for us. My husband can’t remember anything like that & I can. But either way we both have full access to the account, there are no allowances.
This is exactly the way my husband & I go about it. Even grocery shop together! lol
I just started working pt 3 days a week, but I was a ft sahm and I never was into the idea of an allowance. I controlled all the finances. Fi would get paid, all his check would go into the account and I controlled that card and any extra he made on the side from side jobs he got to keep.
I am the breadwinner in the house and my DH is a Stay-At-Home Dad. I handle most of the finances, pay the bills, grocery shop, clothes for the kids, vacations, etc. However, if my DH ever needs anything he just uses the debit card. He is not on the checking account for various reasons. He knows he is free to spend what he wants within budgetary limitations but he always asks anyway (I have only said no on 2 occasions in the 7 years he has been SAHD). He will pick up an odd job here and there and anything he makes is his. DH doesn’t require an “allowance” but he doesn’t like to spend money either.
Thanks for the feedback everyone.
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