No interest in household finances?

We used to both be kind of ignorant as to what happened with our money. We sort of made money and paid the bills, and that was it. But this caused problems, because we spent money that we didn't have just to stay afloat. Now we're both involved in keeping our budget, paying bills, and paying of our debt. This has solved a lot of our problems. It makes everything seem easier to deal with because we're both dealing with it. I guess, though, if one of us was better with money or more organized, that person would be in charge. But since we're both still in the learning phase, it works.

amen I just wish my kids knew, understood, and APPRECIATED all I do to keep the household finances in order. Last night my 22 year old stepson got mad at me because I wouldn't loan him $2400 to buy a FOURTH vehicle. I told him to sell his other vehicles and by the next one his self...

I sit down with my husband to do our's every month. That way what bills are due on which date and we both can help to remember so we dont have to pay the late fees. This way, we can save money and put money to saving account and dont have to be broke.

i always handle the budget (and the cash, hehe), but i don't let my hubby hand me the money and just sit down and relax after. i want him to know where our finances are coming and going, make him realize the value of savings, and encourage him to participate in financial planning. this way, he is aware of the value of everything (makes him more responsible somehow), he is at ease knowing his earnings are not wasted on anything unnecessary or things he doesn't know about (it boosts the trusts), and he's inspired to make more earnings coz he is an active partner in the plans we are both working on about the future we're building together.

I think that anyone that may be responsible for paying the bills if something happened to the primary person should know about the budget and the finances. My husband refuses to pay attention to that kind of thing. Once he turned it over to me he has never gone back. What I did was pay ahead on everything so that he has almost a month to get his stuff together in time to keep everything straight. I also keep a detailed notebook of everything I've paid and when, etc.

i will admit..i am absolutely horrible with my finances. i have tried on many occasions to create and follow a budget and i tend to stray quite often. however, i do understand the importance of understanding one's finances and am making an attempt to get better (hopefully with some help). there are far too many people out there who have absolutely no idea what they're doing when it comes to money. no idea what an investment account is.. no idea how to use their 401k.. no idea how to even create a basic budget for their family. i'm proud to say that, although i may not be good at actually following one, i can create a mean budget for myself. any suggestions?

I do believe that everyone should understand everything about their household finances. I'm forever asking my husband to sit down at the computer with me so he can be familiar with how I pay certain bills, etc. He has no interest in doing that. He is familiar with what we owe, but has no earthly idea how to pay them online, just with a check. LOL. We have the same goals, so I guess if I die first, he'll just have to pay bills with a check again. Years ago, I worked for a law firm that handled estate planning and estate administration. One of our clients (a widowed woman in her late 40s) had never written a check, had no idea of their financial situation, and was just at a loss as to what to do. We even taught her how to write a check and balance her checkbook.

I take care of it all and it drives me nuts sometimes. But my hubby can't stand to know details of the finances. He goes nuts. It stresses him out.

Absolutely, I like to know what our financial situation is when it comes to savings, 401, college etc. If you don't understand it you can lose your goals.