We have a joint account for all the bills and easy access to money for the wife and myself. I never questioned my wife why/where she used money. She doesn't work and is a full-time house maker. She had a habit of taking some cash from the joint account each month. It turned out to be that she had collected about $20K. I suggested her to put this money into a bank account. I opened her personal account and deposited all the money there. She somehow doesn't use any money from that account. Sometimes I wonder what's her agenda toward all this personal saving. She calls it all her money and I am fine with it.
I don't think there should be any barrier when it comes to money between a husband and wife. However we husbands do expect our wives to use the money wisely.
Wierd..saving it for some kind of emergency? godforbid. or for kids' education???
Some kind of emergency means when you need cash/money all of sudden, it can be for anything like an some urgent house repair, someone close to you might needs monetary help, you might need money for big car repair… there can be lot of things that might be urgent and emergency needs but not necessarily life threatening emergencies.
Well my dad has always worked and my mom allocated his money very carefully. She would very rarely buy herself new clothes, and I always wore boys’ clothes because they were easier to hand down to my younger siblings. However, after 20 years of staying at home, my mom started working as a teacher. Lots of people were surprised, even my dad said what’s the need, because he makes much more in a shorter time. :halo: But it’s really amazing how happy she gets just from having a few hundred dollars and outside interaction. Ever since my mom started working, she’s done so many things like joining a gym, taking a cake decorating class, and finally buying like 5 pairs of new shoes. Of course my dad would not have forbidden her from doing any of these things, but obviously a girl thinks twice when it’s her husband’s money and it is going to be accounted for. I think ‘no strings attached’ money is best…even money from the husband has the implicit expectation that it is in reward for the housework. Also, husbands and wives sometimes have different ideas on fazool kharchay–this usually results in both parties sacrificing and being dissatisfied, or one getting the thing he/she wants, and annoying the other person. Ex. my dad has had the same briefcase for 22 years, and he wears socks with holes in them because he says people only see the top. He thinks a person can survive with 2 shirts and alternate them. So my mom’s wardrobe was like that for many many years. Obviously she didn’t argue with my dad about shirts, because, it was his money after all and of course a person can always say that something is not a necessity. So my point is that having your own money is best, but one should not be greedy or selfish. And if you are a wife, you should take care of your hubby’s money and the hubby should be generous also.
I read online somewhere that the number one dispute married couples is in fact money and financial issues. I am not married yet so I can't say with certainty whether or not that will be true in my case but money IS a very crucial part of any marriage. As much as we say love and understanding is very important the truth of the matter is that money becomes just as important later on in married life. We can't live off of our parents forever.
With that said, money should be an important part of one's married life but it shouldn't consume the relationship.
do u think there r money problems between husband and wife??
( am nt talking abt financial problems..like pying bills or buying household stuff...jst simple money)
and is it easy for the wife to ask for money?
well if the wife is compromising she wil lunderstand n not ask for money .... n if te husbandk ows tht wife needs her stuf hell give her pocket money...
after shadi my huby gave me 100 $ every week but then we had our son n it changed to 50$ n now i dun ask him for money at all not cuz he cant affordit cuz he brings n buys everything i ask him to n he takes me where ever i ask him to ... so when hes taking god care of me i dun neend money also when i do i tell him time ahead tht ima guna go to shopping so plz give me some money .... n wht ever he lieks he gives me n i dun say nething on it :)
Those who have been critisizing jaadugar’s post and his wife’s saving habits i would like to give an input is that my mom did the same thing and she still does it.. however she herself personally got rich doing it. how? she saved and saved and recently i invested her savings into two flats.. one she gave up on rent and mashallah it has had a good rent return for my mom and the other one she sold it for alot for premium after buying it when the price was 3 times more. so yeah now she is a millionaire. and yeah what she does about the money? she invests in charity, gives it away and yeah she has an insurance that she pays and she has also set up a will leaving the money behind to needy and poor people so i think it is good to save like this and i do the same thing like my mom did all those years.. and yeah obv she doesnt give all the money she gets charity.. she keeps some aside for the occasional treat and luxury like a LV bag for example:chai: