Comments on: Husband and Wife: Who Should be the Financial Controller?

By: KCLau

KCLau — Wed, 06 May 2009 02:24:56 +0000

@ Maggiemay,

I am sorry to hear about your situation. I suggest that you discuss about your family budget jointly with your husband.
You will know if he is earning a lot and able to afford those stuff you need.

Just my personal sharing – I love my wife and children. When they ask for stuff beyond my affordability, it will motivate me to earn more.

By: Maggiemay

Maggiemay — Sun, 03 May 2009 00:18:46 +0000

This article is good in theory…however…my husband is way beyond frugal. When he has control of the money he will let me and our girls go without things that he views as frivolous. Like shoes that are worn out and too small, threadbare clothing, skincare, I like to get my hair colored every two months. Sure, we wont PERISH without these things but they sure make life a lot more worth living! He is fine to walk around in pants that dont have buttons anymore and underwear that literally is crotchless because they are worn beyond thin. I am miserable like that. I am not an average woman that has to have designer everything. But I do want the basics. Its a big fight with us. Also when he controls the finances, he makes me come to him for every penny and then give a huge accounting for where I have spent it all…literally down to the last penny. It is very degrading and I resent it very much. I feel very neglected. What do you do when your views on what is necessary and affordable are? Yes, we have to pay the bills but clothing and grooming should be a normal part of the budget right? My children look like orphans at school and that is not right. I should have known years ago when we first married and I was expecting our first child and had literally outgrown all of my own clothing. He put me off for weeks until I finally convinced him that I needed some new things to wear. He gave me $100.00 and told me to go buy myself some stuff. I needed everything and he gave me a whopping $100.00. Im not a spending maniac. I have a rule about spending….I dont buy items over $25.00 for clothing, shoes, personal skincare, bras, ect…I consider myself a savvy shopper. He thinks Im frivolous. I wish he could see how so many of my friends and other women I know spend. He would pass out! I cant stand this anymore. Im tired of having to beg for my basic needs to be taken care of. Its so ridiculous!!!!!!!

By: ChampDog

ChampDog — Mon, 24 Dec 2007 06:20:47 +0000

Some people said if your spouse has a great income difference from you, it is better to separate the financial. If both earn around the same amount, combining the finance is a better choice. I personally think this really depends from couple to couple. Especially for those like freedom and their own buying power, they usually prefer their finances to be seperated. For my case, I do combine my finances with my spouse.

By: fathersez

fathersez — Mon, 24 Dec 2007 01:53:54 +0000

Hi, KC
This is a very useful post. My wife and I have no prenups. Ours is an all for the family kind of financial planning. I am the FC.

This year, we are taking the planing to another level. A joint budget has been done and there will be joint efforts to maintain it.