who does your home budgeting, the wife?
By manong05
@manong05 (5027)
Philippines
October 17, 2009 9:23am CST
The normal arrangement is, as far as I know, the husband is to earn a living and turn over his salary to the wife to do the budgeting. Different homes may have different arrangements. Some working couples share in the expenses, like the man will pay for the rent (if the house is rented), the bills and the wife pays for groceries and food items.
Personally, I let my wife do the budgeting.
How about you?
2 people like this
15 responses
@jeansuan_32 (30)
• Philippines
18 Oct 09
In my point of you, it is the wife that does the budgetting. Wives are more particular of money matters. They are experts on how to budget certain amount for a certain period of time.Husbands usually experts on how to earn a living but not in the budgetting of the monthly expenses, if they have the money, they like to spend it only extravagantly without counting the rest of the days of the month.
1 person likes this
@flagella08 (5065)
• Philippines
23 Oct 09
you're absolutely right there girl!my husband just laughed reading your post especially when i quote this: they like to spend it only extravagantly without counting the rest of the days of the month. i have tried letting him do the budgeting stuff for three months and it turned out to be a mess.
@jaiho2009 (39141)
• Philippines
17 Oct 09
Hello manong,
This is one of the most important aspect in marriage life.
The husband earn for the living and the wife do the budgeting.
In this modern era,just like what you've mention above,it can be shared if both were working.(case to case basis)
I'm a wife and also earning from my own small business.
I do the budgeting too,at the expense of my husband's salary.
He never mind about my earnings.(thu,i also spend some of it for groceries and for my kids needs)
But,it is not a shared status to be considered.
The husband must know all the expenses too,and,it is good if he does the groceries sometimes or pay the bills(water,electric,internet etc)
@manong05 (5027)
• Philippines
17 Oct 09
hi jaiho. I can see that you have a very good working relationship when it comes to budgeting. Yes, you are right there, transparency in everything is important in budgeting and expenditures. It is sad if a spouse is wondering where the money goes.
enjoy life!
@robert19ph (4577)
• Philippines
18 Oct 09
hello manong05,
we've been married for 18 years and my wife does the budgeting. even when she was still working till now that she is stay home mom. i let her resigned for we're having a hard time looking for a babysitter. we prefer that way and don't have any problem at all.
in fact she's the one who told me to increase my deductions in our savings - we have a cooperative in our company that we can put and save our money there, everytime that i have increased. this way, we are only spending of my net salary. if there is an extra of my salary every payday because of my overtime, she is saving that for the tuition fee of our kids. that way, we don't need to withdraw from our account anymore.
@mikeysmom (2088)
• United States
18 Oct 09
i do not believe in gender roles and i think everybody should pitch in and know what the other one is doing but in my home i do all the bill paying and financial stuff because my husband is just not good at it and has no clue what he is doing. we both work and we both contribute to the household income but left to him paying bills and such would be a disaster and i am very organized and very responsible so it is my task amongst many others.
@ravich (242)
• India
18 Oct 09
life is precious and one can have a beautiful life only when there is an understanding wife behind him ..life is a compromise...and every thing in mans life reflects his wife...life will be happy if have a proper budget planning...may have troubles at planning their budget ...it never depending on who is paying the bills but only on how they are paying it ..i.e.,with in the budget or out of the budget.."borrowing"...if you can plan every thing from your budget in a proper way with proper savings you will be a successful family one day in all aspects...and its not that how much you are earning but look how peaceful you are
1 person likes this
@AndrewFreyne (6281)
• United Kingdom
18 Oct 09
Well, that has to be me. I live alone and and I carry out my budget once every two weeks. I never used to budget though and I found myself getting into serious financial problems. I'm in debt now but I have come to a mutual arrangement with a debt management company. Things are different now anyhow, I know where I stand to the exact penny! I don't have much money but what I do have I try and put a little aside each week and I feel that this is a very important thing to do. It's good if you have someone to manage the budget for you just as long as everything works out fine. Andrew
@asweetie (1187)
• India
18 Oct 09
hi manong,
I am still unmarried but in my home it is my dad who looks after the money who it is spend. My dad would give my mom a limited amount of money as kitchen money and some amount for daily expenditiure but if she require more for her or for home then dad has to budget and see that where he can find the money..Dad usually save about 25% of his salary..rest he spends on all of us and home.
@seanbryan (349)
• United Arab Emirates
18 Oct 09
Hi manong,
At the beginning of our marriage, I used to handle the budgeting of my husband's earnings and it turned out to be well managed and we had enough savings during those times. However, when I started working my husband decided to handle his own income. As he is earning far more better than mine, he pays for everything at home like food, groceries, bills and house rent. Mine is only for my needs a portion to support my mother and 80% of it is for an investment. Though I feel that my husband is unwisely spending his income I can't do anything as he won't let me handle his fiannces. It saddens me thattThere's nothing left for his savings at all and the worst is he has a lot of debts from credit cards. To think that he is earning seven folds than what I have. Well, the good thing is he can never put the blame on me in the future, and will even thank me for earning less and save a lot for us. Good Day!
@tuhkatriinu (283)
• Finland
17 Oct 09
Hi manong,
Me and my husband live in rented apartment so we allways have rent to pay whats most important and few other bills. In our family only my husband is working and im staying home mom with 15 month old baby. Good thing is that my hubby gets 2 times a month salary and i get child support from social monthly. I am the one who doing the paying bills and stuff and we both buy food. I am the one who likes to save money allways and my husband likes to spend(zzz) I might be sometimes too hard on him by telling that hes spending too much, but what i do hes stubborn and never want to listen. Im doing the paying and calculating. I started to put secretly little bit money aside, coz i dont want every month we make ends meet barely. Maybe im little bit too controlling but what can i do differently...
@maleenmoctar (27)
• Philippines
17 Oct 09
At home, most of the time my husband does the budgeting. We are into a small furniture business, and it takes a lot of effort to make it grow. One of the biggest effort we had is to be stingy at times. My husband is very good at that. He sets up priorities to add up capital to our business. I really didn't mind at all if he manages the budget because for over 20 years our business is thriving. Especially in this time of crisis, where everyone has to keep the value of every cents we earn. Thanks God, He gave me a wonderful husband.
@dodo19 (47317)
• Beaconsfield, Quebec
17 Oct 09
Both my husband and I do the budgeting together. It's OUR money. One of us isn't solely responsible of our money. We both take of our bills equally. He takes care of half of them, and I take care of the rest. We talk about how much we want to spend of things and such. We share the stress that finances bring.