Post # 32
I pay all bills, rent and groceries first so that it all gets paid, then we are pretty much free within reason. I also try and put a set amount into the emergencies account each week. so there is kind of a budget but it is not concrete. I tend to handle all the finances and organise the bills getting paid, mainly because my fiances working hours are long and it is easier for me to do it.
Post # 33
haha. We’re the same way. Every couple months I decide we need to stick within a certain spending allowance a week. I save ALL our receipts, monitor our credit card statements. And then….I get lazy after two weeks.
Somehow we always spend within budget though. Although I have to admit we probably do not save as much as we can. But we never make crazy big purchases without talking about it together. And its not like we have to consult each other for every little purchase. Just the big stuff. 🙂 And sometimes I go months without buying anything. And then one week I might spend more because there’s a really good sale going on everywhere. Last week was one of those weeks. But I am soo set on work clothes now for a while! Hehe.
Whatever works for each couple to not spend more than you earn is good imo!
Post # 34
I second this. Being a grown-up sucks. But not having a bed time is kind of awesome.
Post # 35
We also don’t call it an allowance, we call it “entertainment” money and it works great for us! My (new) husband always tracks everything in MS Money so we know where all of our money is going and stick to a monthly budget for categories like, rent, utilities, student loans, gas, personal care and groceries, and entertainment. We each get $500 a month to spend however we want. If we don’t spend it that month, it carries over, and if we spend too much, we carry a deficit that we make up gradually. We’ve never had a fight about money, and I never hide my purchases from him like many of my friends do. I like to shop, have brunch, buy gifts for my nephew… and he loves to golf. If we go out together, we use our joint debit card and split the bill. (Or he decides to take more of the bill)
We make different salaries but get the same entertainment money. We have had a joint account since before we were engaged and it has made my life so much easier. But, I am lucky to have such a responsible, generous and organized spouse.
I couldn’t imagine going back to not knowing where all our money was going, you’d be surprised how fast everything adds up. You might think you’re not spending that much, and then when you look at the tally, it’s already several hundred per month in small splurges.
Post # 36
We don’t have one at the moment, so we try to spend within reason. Problem is, we are both very good at saving, but we are not very good with it unless with know exactly what we are saving vs. spending ect.. So lately our spending has gotten a little more wild for us than it ever has been before.. During the school year (college), we share a budget of $80 a week between the two of us. This “allowance” includes food, gas, & any little extras we can snatch up after the earlier two are covered..
Surprisingly enough, when we see our savings growing so rapidly, it is great encouragement not to spend even our budget! Sometimes we actually are able to spend just about $50, which is pretty sweet :]
By The Way, we live with my Dad, so rent & stuff isn’t an issue, but we do pay the consumers electric bill monthly, which is always around $100-$130..