Should one person control all of the money in a marriage?
It depends on the people in the marriage.
I've known some people who will tell you they are awful with managing money, paying bills on time, and are more than happy to put that on their spouse's plate.
I knew one female friend of mine who was sick of managing the money and forced her husband to do it for a month. She never let him do it again. For some reason he never carved out the time to go over the bills and acknowledge their due dates. If she allowed him to control the money he'd spend it as if there is no tomorrow.
The only time managing money seems to be an issue is both people don't agree on how money should be spent or managed. For some couples the only solution is to have his and her checking accounts, have a joint savings account, or agree on who will pay certain bills to avoid arguments.
One thing is for certain putting all the money in one account while one person is a "saver" and the other is a "spender" is going to cause problems. It's usually the "saver" who is going to be upset.
It's not about "right" or "wrong" but rather "agree" or "disagree". Every "happy couple" eventually reaches an agreement on money.
My husband and I never disagree on what to spend money on because we never have any left over
But I believe that although it is okay for one person to manage money for Bills it should be a joint decision on how to spend extra.
nope but ironically my hubby controls the money in the family plus the power. Nobody is above him, everyone is below him.
Each of us (chooses) our own friends, lovers, and spouse.
Some women are drawn to "take charge" men (initially) and then later regret it once they realize they're domineering. One assumes if someone stays they're either happy or used to it.
Not if you want a happy marriage.
If you want to be a marriage with equal respect, the lesser-earning or stay at home spouse must have an equal vote.
No no no no no no no no. Two separate bank accounts. This is 21st century, a marriage is really BF and GF in a commited relationship and having sex (only now it is alright to knock her up and if you like, do it on purpose.)
PS: Which is why, if you are not financially at least doing alright, you should not be dating, especially if you are a man. (I mean it is alright for a girl to sponge off her husband, providing she play the traditional house wife role, the opposite way around is alright too, but that make you a pussy man.)
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