Is it okay for the woman to hold the man's money/accounts?
By nympha687
@nympha687 (940)
United States
February 4, 2009 12:16am CST
Traditionally, the men provide for the family and it is the role of the women to take care of the home, the husband and the children. I was raised having that in mind. My mom handles the finances and my dad hands his salary to my mom every payday. Thus, my mom has the bank accounts and she just gave my dad allowance. Nowadays, the issue on equality is even stronger. Men don't always pay for dates and women also go out of the house and make money for the family.
Do you think when people get married, it is okay for the woman to hold the family money? Women, are you in favor of this? Men, would you want to give your salary to your wife? What part of your salary should be entrusted to them?
1 person likes this
22 responses
@crimsonladybug (3112)
• United States
4 Feb 09
One thing that I have not been able to grasp about when I eventually get married is joint bank accounts. I know everyone says just balance the checkbook and you'll be fine but that requires two separate people to keep track of two separate sets of receipts/payments out of the account...
I can see how it works in theory but in reality.... The whole thing makes my head swim a little. I have enough trouble keeping track of my own account let alone throwing someone else's deposits and withdrawals into the equation (literally). Because even if one person is in charge of buying groceries and paying bills, the other person will still put gas in their car or buy a fast food lunch...
@nympha687 (940)
• United States
4 Feb 09
I think I'd be conscious about how much money I put in when I put in more and he takes out more. That's gonna be trouble. We have different spending habits and I spend according to what I earn. I'd be better if we have our own bank accounts.
@krupesh (2608)
• India
4 Feb 09
Women are better in handling the money than the men.So it will be better for the guy to keep his salary to his wife but keeping something for himself as its quiet difficult to get the money back from her after giving it...
@makeupbycher (165)
• Philippines
6 Feb 09
it all depends on the couple. with my husband, i've found that he sometimes has to control his spending. i have to say no on some grocery items that aren't necessary (lol, it's like i have a kid already!). i know his salary, i propose our monthly budgets, and he gives me part of his money to pay bills (i pay part of the bills too). and i make sure there's a small left over for him if he suddenly wants to spend on something.
but i always grill him if he wants to spend on something big. in this way i am sure he really wants it.
we have a joint bank account that's not an atm. it's a bank book. in this way, we force ourselves not to withdraw on it. sometimes we forget about it. in this way, we save for a rainy day or when we need to purchse something when we have kids already.
@elemental69 (1561)
• Ireland
5 Feb 09
It works for us that I sort out the finances in our home. My husband leaves it to me to pay the bills and buy groceries, and buy clothes for the kids when they are needed. He knows where my wallet is.... if he wants money for anything he gets it, as long as he tells me he is getting money I dont have a problem.... :-)
@bing28 (3795)
• Philippines
5 Feb 09
Here, it's the right practice for the woman to hold family income. Now however it's a matter of arrangement and understanding between the husband and wife. Should they are both working others still do the same the woman holds the income. There are times also that each one hold their income and just divide expenses for them both and each one have a savings of his own. In case woman is not working but the man found her to be poor in holding the money, the husband do the savings Wwhich is quite insulting but it's alright as long as they understand each other. The best is to give to the wife whether both are earnings provided the wife would be giving reasonable amount to his huband and children their allowances. In case however of those wealthy couple who have each one's business we can't blame them if they're holding each other's money. Great however if the husband intrusted everything to his wife
@elisa812 (3026)
• United States
4 Feb 09
I think it's fine for the woman to keep track of the money. I don't think it matters either way who is doing it, as long as they are being smart about it! I started doing our finances back when my husband had to go overseas for a long time, and it worked out really well, so we just decided to keep it that way once he got back. He prefers that I take care of it because I tend to save back more money, and plus it's just something he doesn't have to stress about!
@phoenix25 (1541)
• United States
4 Feb 09
I think that it's okay, but I am also one of those women who control the family's finances. My husband makes the money and I make sure that bills get paid and take care of everything financial. My husband actually prefers it this way. He is way too absent-minded to remember to pay bills. I know when everything's due and make sure things get paid on time or finaigle things so that everything does get paid. He works so much that he doesn't have time to worry about much else. I take care of everything around the house...the cooking, the cleaning, taking care of our son, and that includes the family's finances. I don't look at it as having control over all the money. My husband, after all, has a debit card to our account and can purchase things when he wants. If he wants to purchase something big, he will call me and ask me if we've got the money to do it. He relies on me to take care of these things because he doesn't have the time to do it.
@TheCatLady (4691)
• Israel
4 Feb 09
MY dad also handed over his pay check and my mom managed the money. It worked out just fine. She made sure all the bills were paid and that there was food in the house. My dad got pocket money from what wasn't needed in the budget. Later when my dad got extra money for traveling for work, it was paid with a different check. That became his pocket money. It worked out fine because both agreed to this system.
@mermaidivy (15395)
• United States
4 Feb 09
I would prefer the man keeps the money but give the woman money regularly.
@vikeyshuy (284)
• China
5 Feb 09
for me ,i don't like to hold my husband's money.because i don't like pay all kinds of bills or shopping.so my husband take charge of our family's whole fiance and he does all these kinds of work.
@haydeecorbilla (242)
• Philippines
5 Feb 09
I think it is fine to hold their money or account especially if they do not know how to get hold of it or spend it wisely and you both wanted to save for your future..
@greenowl (71)
• Sweden
4 Feb 09
When my husband was working we used to sum how much was needed for bills, split the sum in half, he gave me that sum and I paid the bills and what was left was our own. Now he only has his pension, so he gives me a part of that and I pay
the rest.
I think it is a bit dangerous with joint accounts. For example I know someone
who is married to a man who drinks, he empties their bank account and there is
nothing she can do about it.
@mindymelena (158)
• United States
4 Feb 09
i think so as long as you both agree with the decision. personally i think each should have separate accounts and a joint account they both put money into...
@cutepenguin (6431)
• Canada
4 Feb 09
My husband and I both deposit our money into a joint account. We deposit our entire salaries - all of our money is shared. I think we're better off this way because we can easily make joint decisions about what we want to do with our money.
@sweetpeasmom (1325)
• United States
4 Feb 09
It is all right for me and my hubby. If he had control of our money we would be homeless in a week!! He thinks that if he has money it is to be spent on whatever. So I control the money and we are fine most of the time when there is money coming in.
@roberten (3128)
• United States
4 Feb 09
Well, nympha687, I favor the most financially apt person handling the family finances irrespective of man or woman; the person with the best financial skills should handle the family finances. Sometimes the man may be most suited for this role and other times it may be the woman; skill is what should determine who gets the job.
I am not very trusting with my money as I use to be; the amount I would contribute to the family budget would depend on my partner and their ability to handle money. Two marriages have taught me to store some away for emergencies.
@se7enthbird (8307)
• Philippines
4 Feb 09
i still do that. still give my money to my honey har har har. we go to market together, go to grocery together and we even right down the expences so we can monitor how and where the money went. if we have extra then we go out and unwind. she hands me my allowances. i can't say that women are good on handling finances but i think they need to do that for they know what we need to buy, what we need to have and things like that.
@wiljanyum112004 (58)
• Philippines
4 Feb 09
I think it would be okay for me in the future that my future wife will hold my money or accounts. There's a big "but" for that. She will not take it all. She has to leave something for my own expenses, because nowadays, its really hard to move without money^_^