Stay at Home Wives/Mothers and Spending Money

Re: Stay at Home Wives/Mothers and Spending Money


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This statement is incredibly true when it comes to a marriage. We need more men (and women!) who believe in this.

Re: Stay at Home Wives/Mothers and Spending Money

I've been married for 3 years now AH. Initially me and hubz weren't on the same page when it came to money spending. Of course he also wasn't making as much as he is now. He was more of a saving person and me spending. I used to spend on all the faltoo stuff I didn't even need before getting married. I had my own income so I didn't care. Now when I got married I still had student loan that needed to he paid but I didn't have a job :( .. so then I thought about how my husband manages money is so well. If i wasn't spending like crazy I would've paid off my loan. So then I become wise about money and how to spend it. I wanted to save more. My husband pays my loan... and now when it comes to spending I don't ask anyone anything. My husband has me as an additional user on all his CC. I don't have to ask .. he doesn't question me. He knows that I won't spend money crazy :D .. But yeah I do shop a lot now compared to initial years in marriage simply because we can afford it now.

Re: Stay at Home Wives/Mothers and Spending Money

whenever one of us has to make a large nonrecurring expense, we check with each other. We both are joint owners of all our accounts, and are adults, so there is no "asking for permission" happens in our household.

Re: Stay at Home Wives/Mothers and Spending Money

The issue is not about "asking for permission". I already stated this to Paheli earlier.

Re: Stay at Home Wives/Mothers and Spending Money

Sorry, I just read your post and answered.

Re: Stay at Home Wives/Mothers and Spending Money

no worries.

I am a sahw and a sahm and it ha always been us!! I did work for a little bit but the money went into our account. If both if us make a big purchase, we always consult the other. I honestly don't make ridiculously extravagant purchases and whether its something I am purchasing for the house, myself or the kids, I honestly dont feel like its HIS money and AH he has never made me feel like this. We had been victims of credit card fraud so now if its a random purchase, he will def ask me but I dont let that bruise my ego that he is questioning my kharcha!! He brings the halal bacon home but my contribution is taking care of the homefront and becauae we live in a joint family, our financial setup isnt just about the two of us and our family.

Re: Stay at Home Wives/Mothers and Spending Money

i am a stay at home mom (for now) and i spend his money without asking before spending..he dont ask me either what i have bought (but i do tell him 'sometimes') .....i do get poket money which i dont spend ... i like to save it :D

....we dont spend kids money on anything... it is for their education ...... i used to have debt which I paid by myself when i was working before my 2nd child (although he had offered to pay, but i refused to accept)

Re: Stay at Home Wives/Mothers and Spending Money

I am not a SAHW but my money is mine and his money is mine too :dania

Re: Stay at Home Wives/Mothers and Spending Money

^
hahahahah ypu're so cute

Re: Stay at Home Wives/Mothers and Spending Money

Different strategies might work for different people...but do people seriously use their kids' gift money to buy stuff for themselves...??..That will be so not right,IMO.

Stay at Home Wives/Mothers and Spending Money

I just buy giftcards from their fave stores or it goes in their bank account to be used for college!!

Re: Stay at Home Wives/Mothers and Spending Money

I am not a SAHM yet, was for about year and will be again Inshallah soonish :) but I think the transition is a little daunting.

Having said that, even being a working mother/wife, you still dont go and spend enormous amount of cash on stuff mentioned in post #1.

Priorities change as lifestyle changes and so the way you spend money changes too.

Re: Stay at Home Wives/Mothers and Spending Money

Very interesting topic, haven't seen the likes of it before on the forums.

I am not married yet but I am engaged. Pretty sure I will be a husband to a SAHW which dosen't bother me. There will be a joint account and she can go buy whatever she wants. I'd like to think she would tell me what she buys. And I don't mean for the sake of keeping track or "Oh I bought some Maccas today. Costs $6.25. Here's the receipt". But more like just for the sake of showing things. "Hey check out what I got today. Isn't it pretty?"

Re: Stay at Home Wives/Mothers and Spending Money

This is an interesting thread...I like it.

I am a bit scared of what might happen if I saw a purse I liked a lot and wanted badlyyyy.

Re: Stay at Home Wives/Mothers and Spending Money

That’s why I have my “play” money :cb:

My newest Coach lover and I are very happy thank you very much :snooty:

Re: Stay at Home Wives/Mothers and Spending Money

Well that depends on how often you see purses you like a lot and how much they cost (ie. Coach/Kate Spade/Cole Haan as opposed to Chanel/Dior/Prada). :)

Re: Stay at Home Wives/Mothers and Spending Money

Yes, “play” money is essential so our sanity. :chai:

:k: @ Coach lover. I got 2 cole Haan’s over the weekend and we’re starting to become very close friends. :halo:

Re: Stay at Home Wives/Mothers and Spending Money

I have a debit/credit card.
:)

Re: Stay at Home Wives/Mothers and Spending Money

why not... if they want to or Need to then why not...?