Haha!Happy, in Arkansas it is much the same.What's mine is hers and what's hers is hers.
Should Your Wife be in charge of the household income ?wife income slave
Posted 30 June 2016 - 04:33 PM
"I'd never allow if I did get married"
Hate to break it to you ThatRandomJanitor, but when you get married and say I do that means I do not have any personal belongings anymore. You'll see.
.........join the dark side, married life is sweeeet.
Posted 12 July 2016 - 06:33 PM
Seen waay to many divorces growing up. Most the time the man being screwed in court with the nice high cost of a lawyer.
-Eric Cartman (South Park)
Posted 13 July 2016 - 07:06 AM
I used to handle all of our finance except her cards she acquired prior to marriage. After a couple years she had some medical issues, and the bills overwhelmed me. I was working full time, going to school and trying to keep track of utilities, cards, medical bills, and such. She took over the mortgage and the medical payments, and just that little bit made a huge difference.
I think as our relationship has matured we tend to split some things more evenly... Hell I even got her to cook a couple times.
As long as you trust her, why not let her handle it. I guess as long as she's not paying things late and racking up debt, why not?
Posted 04 August 2016 - 08:45 PM
To answer the question posed in the subject line: No way...
When I met my wife 11 years ago, she had a bankruptcy on her recent record. She also had 6 credit cards of varying credit limits, all maxed out. All told, she had over $20,000 in debt.
The only debt I had at the time was a mortgage on my house.
11 years later, all her debt is paid off, but she still has problems with spending. We have one car loan (paid off in 6 months from now) and a mortgage on our new house. But then there's the one credit card we have, that we've been carrying a balance on for a year now.
She likes to spend money, and hates to pay any attention to how it gets paid off. Card is nearly maxed out? She'd just take out another one.
So, no way will I ever let her do our finances.. and thankfully she's more than happy to let me do them.
Posted 06 March 2017 - 07:09 PM
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Posted 06 March 2017 - 07:28 PM
It's a to each his own. My wife and i run seperate accounts completely. We have no joint accounts, nor do i see that happening any time soon. I keep a very strict accounting of the monthly costs and budget accordingly. Some months i eat well, some months she decides to buy a camera and i dont eat as well.....
Posted 21 April 2017 - 07:11 AM
There is nothing wrong with your wife taking over the finances, but I would recommend that you keep control of any investing, long term/retirement planning.
I'm going to be sexist here, and I make no apologies for it, because I just don't buy into the whole modern, men and women are the same, malarkey.We are different and I don't believe that equality in all things is even a desirable outcome.The longer I live I realize evolutionary biology is pretty much the key to everything.
My experience is that women investors are generally very good at short-term financial planning and investment, and very good at saving money before they have kids, but money can run through their hands like water as soon as you have kids to raise.If you don't look after your long term finances when you have kids, you will be penniless by the time they leave your house.
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