do you leave your finances to your spouse?
By goddessjes
@goddessjes (788)
Philippines
October 13, 2008 8:01pm CST
hi!
just out of curiousity, how much privilege and access do you give your spouse when it comes to money? say, bank account.
there are married couples who leave everything to the other, even passwords or PIN numbers, etc. though there conjugal arrangements, husbands would entrust everything to the wife.
are there any kind of arrangements done in case a bad situation happens, say death, where your spouse can take hold of the money you both invested on?
2 people like this
5 responses
@joy4you (641)
• India
15 Oct 08
We do not have joint accounts, but I let my spouse have her own bank account. But we have a mutual understanding where I spend on the big expenses like for the house and she spends for the day to day expenses, when it comes down to numbers, its almost an equal spend between us. So far this is working out ok and we have not thought too far ahead into the future. If situation demands it I think we should both be willing to adjust. For now we let each other know all the expenses we are doing so the other is not kept in the dark.
@paulsy (1263)
• Philippines
14 Oct 08
Well, we share access to everything. When hubby is busy with work, he just gives me his atm card to buy the stuff we need at home. I know all his passwords and pin numbers, as he makes me check everything every now and then. Sometimes we shop together. He makes sure I have access to everything should any emergency come up. It's really convenient for both of us to have the same access to our finances, since all our expenses are for the family anyway.
@suspenseful (40192)
• Canada
14 Oct 08
We have a joint savings account and our savings and checking accounts. I have my own password and pin number and so does my husband. If I find that I am going to die, I will give my husband my bank account numbers, and I suppose he will do the same. So far we are still alive. He pays the bills, and the groceries, I am using my money for my burial if something happens and other things. I do not want to think of dying now. I am depressed as it is.
@parvezjs (422)
• India
14 Oct 08
I don't have any choice but give my whole salary in my wife's hand..lol. Infact she is the one who manages finance better than me. So every payday I bring my salary and give it to her. One I was in between jobs and was jobless for 4 months, those ddays I realized how well she manages this amount. I had enough savings for those 4 months. She is great.
