Financial matters in marriage

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Who should handle the income in the family?

  • Wife

    Votes: 2 25.0%

  • Husband

    Votes: 3 37.5%

  • Each spouse handle his own money

    Votes: 3 37.5%
  • Total voters
    8
melita916

melita916

Senior Member
#21
Aug 12, 2011
10,471
2,708
113
#21
i say whoever is better at the skill should be the one to handle the finances.

my dad keeps up with the finances because he's really good at it and loves working with numbers. of course, my parents make decisions together with major purchases. if my mom goes to the store, he doesn't tell her "you can only spend [insert amount here]." she's wise. he trusts her :eek:

my fiance and i have talked about it. there's a great possibility i will be the one to handle the numbers :)
 
K

kaylagrl

Guest
#22
#22
Tinkerbell725 said:
So whoever is the wise spender or better with money should handle the finances. Because not in all financial decisions you have time to discuss with your partner, only the major ones.
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That could be true,one may be better with money but my hubby and I are pretty equal in that area. We shop together so we do have the chance to run expenses by each other but we don't by anything major,for sure without talking.
 
Tinkerbell725

Tinkerbell725

Senior Member
#23
Jul 19, 2014
4,216
1,179
113
Philippines Age 40
#23
melita916 said:
i say whoever is better at the skill should be the one to handle the finances.

my dad keeps up with the finances because he's really good at it and loves working with numbers. of course, my parents make decisions together with major purchases. if my mom goes to the store, he doesn't tell her "you can only spend [insert amount here]." she's wise. he trusts her :eek:

my fiance and i have talked about it. there's a great possibility i will be the one to handle the numbers :)
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Congratulations on your engagement and on that possibility of you handling the numbers :)
 
tourist

tourist

Senior Member
#25
Mar 13, 2014
42,744
17,204
113
70
Tennessee
#25
My wife handles paying the bills because she is very good at it and is willing to do it. It all depends on how the couple decides who is responsible for doing each particular task. Cooperation and understanding is key in maintaining a household.
 
N

NewWine

Guest
#26
#26
I couldn't vote, because my option isn't available. I think Marriage is teamwork, so BOTH should be involved with the finances. I have seen too many people, when their spouse passes, who had no idea about the finances, both man and woman alike. That's a dangerous place to be.
 
Tommy379

Tommy379

Notorious Member
#27
Jan 12, 2016
7,589
1,153
113
#27
If my wife still goes through with the divorce, I hope she still handles my money.
 
S

SunsSunny

Senior Member
#28
Oct 24, 2016
137
8
0
#28
As with all matters in your life submit them before God in prayer and petition and he will guide you :). Consider others above yourself and thus charity should be prioritized over your family :). I'm pretty lucky cause my girl wants to give everything away :) . She has a house in Korea that she wants to give free to old grandmas :). I think it would be better to read "Gift of the Magi" than do discuses financial planning :). I am confident in Gods provision as more than abundant. From a biblical standpoint I will be the one who makes the final decisions. But I will not ever consider putting my own needs before the charity she would ask of me. And I would naturally choose to spend on her rather than myself if given the option.

Sorry I'm pretty much boasting cause I got the most loving generous girl ever and I'm super lucky that I feel like this will be a tiny issue in our marriage :)
 
Tinkerbell725

Tinkerbell725

Senior Member
#29
Jul 19, 2014
4,216
1,179
113
Philippines Age 40
#29
SunsSunny said:
As with all matters in your life submit them before God in prayer and petition and he will guide you :). Consider others above yourself and thus charity should be prioritized over your family :). I'm pretty lucky cause my girl wants to give everything away :) . She has a house in Korea that she wants to give free to old grandmas :). I think it would be better to read "Gift of the Magi" than do discuses financial planning :). I am confident in Gods provision as more than abundant. From a biblical standpoint I will be the one who makes the final decisions. But I will not ever consider putting my own needs before the charity she would ask of me. And I would naturally choose to spend on her rather than myself if given the option.

Sorry I'm pretty much boasting cause I got the most loving generous girl ever and I'm super lucky that I feel like this will be a tiny issue in our marriage :)
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Is giving away everything and charity over family a christian principle? Hopefully she does'nt give away everything to the point of being poor. Scripture say that it's not good to be too rich or too poor because if you become too rich you might become proud and won't need God anymore and when you become too poor you might become depressed or corrupted and be tempted to steal to provide for yourself. Yes God provides but it is not also good that we become a burden to others because we can't provide for ourselves. God calls us to be generous but I don't think He means that we overdo it.
 
Angela53510

Angela53510

Senior Member
#30
Jan 24, 2011
11,786
2,960
113
#30
Before my husband and I separated our accounts, we fought over money all the time. Mind you, in those days there was not a lot of money.

We both contribute to a joint chequing account where I pay the household bills. I handle my own money and pay my expenses and he does the same. I used to pay his bills, but they gave him a credit card when he was working and he had to figure it out, so now he knows how to do it.

About 10 years ago, we went to a finance seminar with his work. They told us all our accounts, cars, house, etc should be in both names. So everything is joint, although he cannot access my accounts on the internet and I cannot access his on-line.

However, should either of us die, we have complete access to everything of the other person's without having to wait till the will is probated. Well, the will I need to write, apparently!
 
M

mcubed

Senior Member
#31
Dec 20, 2013
1,449
218
63
#31
This is easy... the one who handles money the best; it is not gender specific. I handle the finances but that is only because I do it better. David use to handle the finances and he was always paying the bills late and seldom did the check books ballance. I took over! We pay bills out of one account now when we get the bill, no more late payments and the other account for life stuff. And if we run out of money we wait until we have it.
 
P

pottersclay

Guest
#32
#32
I handle the utilities, mortgage, and my credit cards, and insurance .my wife handles the grocery and her cards, we both contribute to gifts and savings. It been our routine for years, seems to work.
 
P

presidente

Senior Member
#34
May 29, 2013
9,166
1,798
113
#34
Tommy379 said:
If my wife still goes through with the divorce, I hope she still handles my money.
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I hear that's the way it works a lot of cases if the case goes to court in the US.
 
D

Depleted

Guest
#36
#36
melita916 said:
i say whoever is better at the skill should be the one to handle the finances.

my dad keeps up with the finances because he's really good at it and loves working with numbers. of course, my parents make decisions together with major purchases. if my mom goes to the store, he doesn't tell her "you can only spend [insert amount here]." she's wise. he trusts her :eek:

my fiance and i have talked about it. there's a great possibility i will be the one to handle the numbers :)
Click to expand...
'bout time you got engaged. :)
 
KohenMatt

KohenMatt

Senior Member
#38
Jun 28, 2013
4,066
266
83
#38
I think it partially depends on who is gifted more with financial issues.
 
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