Who holds the purse strings?

photo from pexels
@Kandae11 (55047)
August 16, 2018 9:13am CST
Holding the purse strings is slang for having control of the money in a household, company, etc. for example - if the wife is the breadwinner in the family and gives her husband an allowance - the wife holds the purse strings, and vice versa. In some cases, even when the husband is the breadwinner - the wife might still have a firm grip on the purse strings. When both husband and wife contribute financially - who then holds the purse strings? Is it one or the other or a joint effort? Who controls the money in your household?. Must you give an account to husband or wife of every penny that is spent?
27 people like this
31 responses
@marlina (154131)
• Canada
16 Aug 18
My husband and I are on the same page, so we both control the finances.
5 people like this
@marlina (154131)
• Canada
16 Aug 18
@LadyDuck Great!
2 people like this
@LadyDuck (471601)
• Switzerland
16 Aug 18
@marlina Same as my husband and I Marlina.
2 people like this
@Kandae11 (55047)
16 Aug 18
Togetherness is good.
1 person likes this
@JudyEv (340511)
• Rockingham, Australia
16 Aug 18
It's a joint effort here. Neither of us are the type to spend for the sake of it which probably makes life easier. We just agree on whatever it is we need or want and that's it.
4 people like this
@LadyDuck (471601)
• Switzerland
16 Aug 18
@JudyEv We have always done the same.
1 person likes this
@JudyEv (340511)
• Rockingham, Australia
17 Aug 18
@Kandae11 It would be indeed. Especially if they were struggling financially as it was.
2 people like this
@Kandae11 (55047)
16 Aug 18
Its hard if one party is a spendthrift !
1 person likes this
@1hopefulman (45120)
• Canada
18 Aug 18
When I was married I took care of the finances at they were terrible with money. We lived comfortably and saved some.
2 people like this
@1hopefulman (45120)
• Canada
18 Aug 18
@Kandae11 I let them keep what they earned to do whatever they liked. I paid for all the expenses. I took an early retirement. However, thanks goes to God for all his help.
1 person likes this
@db20747 (43440)
• Washington, District Of Columbia
5 Sep 18
I'll bet all bills were paid on time!!! Need a man like that!!! Not so with me!!! I still owe about 96 on electric from last year and 1300 on gas from 8 years ago!!!!
1 person likes this
@Kandae11 (55047)
18 Aug 18
You would know what works best for you and the family.
1 person likes this
• Eugene, Oregon
17 Aug 18
Anne and I were both independent when we met. We decided to each have our own account and each contributes to a household account as well. We have no accounting for money.
3 people like this
• Eugene, Oregon
17 Aug 18
@Kandae11 It works well for both of us.
1 person likes this
@db20747 (43440)
• Washington, District Of Columbia
5 Sep 18
Now that makes sense!!! I take your bills R paid on time!!!
1 person likes this
@Kandae11 (55047)
17 Aug 18
Perfect! I see no problems there.
1 person likes this
@JohnRoberts (109846)
• Los Angeles, California
16 Aug 18
There is only me, myself and I.
3 people like this
@JudyEv (340511)
• Rockingham, Australia
17 Aug 18
@Kandae11 @John Roberts Aha but do your inner voices have arguments? Like 'I really want it' then 'but you can't really justify it'. Stuff like that.
1 person likes this
@Kandae11 (55047)
16 Aug 18
Same here.
2 people like this
@porwest (91430)
• United States
17 Aug 18
In our house I hold the purse strings. Every penny goes through me and is disbursed by me. But I am also the one who has the 'know how' when it comes to investing. That being said, my wife pretty much can do what she wants. I will only question her if she gets out of hand, which is rare. She is not as good about money or with money as I am, but she will still ask my permission on a bigger purchase and if things do get out of hand I will let her know she needs to curb it.
2 people like this
@Kandae11 (55047)
17 Aug 18
What do you call - getting out of hand? And you say "every penny goes through me and is disbursed by me" - your wife is okay with that?
1 person likes this
@Kandae11 (55047)
17 Aug 18
@porwest I see, she is really in control then.
1 person likes this
@porwest (91430)
• United States
17 Aug 18
@Kandae11 She is. I am actually quite 'generous.' I actually sometimes tailor my investing to her spending. It works well that way. She rarely gets 'out of hand' so it's not something I often have to define. That being said...ahem...she has something I want and sometimes I just have to compromise otherwise I will be left high and dry.
1 person likes this
@quantum2020 (12041)
• Ciudad De Mexico, Mexico
16 Aug 18
When I had a wife, which was about 20 years ago, I used to give her all my check and she took care of the finances. I found more convenient to do it this way
2 people like this
@quantum2020 (12041)
• Ciudad De Mexico, Mexico
16 Aug 18
@Kandae11 No, no plans
1 person likes this
@Kandae11 (55047)
16 Aug 18
Yes, some households do it that way. So - no plans to remarry?
1 person likes this
@caopaopao (12395)
• China
17 Aug 18
I control the money with my husband.
1 person likes this
@caopaopao (12395)
• China
17 Aug 18
@Kandae11 (55047)
17 Aug 18
There is strength in unity.
1 person likes this
@LadyDuck (471601)
• Switzerland
16 Aug 18
I see my native city in this photo, the Duomo of Milan in the background. My husband and I have worked together during all our life. We decide together when there is an important expense. None of us "controls the money", if I need something I buy, my husband does the same. None of us is a money waster.
2 people like this
@LadyDuck (471601)
• Switzerland
17 Aug 18
@Kandae11 When it is the case, it usually ends up with a divorce. The main cathedral of my native city is unique, impossible not to recognize it.
2 people like this
@Kandae11 (55047)
16 Aug 18
Awesome! it is a photo from Pexels. Glad you recognised your city. It would certainly cause problems if one is a spendthrift and the other is not.
2 people like this
@RubyHawk (99405)
• Atlanta, Georgia
17 Aug 18
We both do. I pay some bills and he pays others. I don't have to give account for my spending and neither does he.
1 person likes this
@Kandae11 (55047)
17 Aug 18
Perfect arrangement.
1 person likes this
@RubyHawk (99405)
• Atlanta, Georgia
18 Aug 18
@Kandae11 Absolutely and no one has room for complaints.
• India
16 Aug 18
We share this job.
2 people like this
• India
17 Aug 18
@Kandae11 yes.. It gives equal opportunities and freedom to both
@Kandae11 (55047)
16 Aug 18
Sharing is best.
1 person likes this
• Defuniak Springs, Florida
16 Aug 18
We share. I mean I do the grocery shopping and bill paying, but I ask him what he wants etc..
2 people like this
@Kandae11 (55047)
16 Aug 18
Sharing is the best.
1 person likes this
@dya80dya (36660)
16 Aug 18
Both. Husband and wife.
2 people like this
@Kandae11 (55047)
16 Aug 18
A joint effort.
1 person likes this
@banksim (5256)
16 Aug 18
In my case wife has more control
1 person likes this
@Kandae11 (55047)
16 Aug 18
Women are good at making ends meet.
1 person likes this
@Kandae11 (55047)
16 Aug 18
@banksim Very good.
1 person likes this
@banksim (5256)
16 Aug 18
@Kandae11 may be..but she is wise...I spend more bit she make balance..for saving alao
1 person likes this
@maezee (41988)
• United States
18 Aug 18
I wouldnt do this. If its my money, I want to control it. Lol
1 person likes this
@Kandae11 (55047)
18 Aug 18
Definitely!
@id_peace (14005)
• Singapore
18 Aug 18
I hold the partial purse only because I am the one to take care of bills but mostly we are doing our own control.
1 person likes this
@Kandae11 (55047)
18 Aug 18
Okay.
@rakski (123875)
• Philippines
17 Aug 18
Joint effort here. We talk about major decisions. The small little things that can be decided upon without fuss, I made it.
1 person likes this
@rakski (123875)
• Philippines
17 Aug 18
@Kandae11 I think so too.
@Kandae11 (55047)
17 Aug 18
Planning and making financial decisions together is best.
1 person likes this
@ridingbet (66854)
• Philippines
18 Aug 18
i hold my own, my son holds his won too. our allowance at home is by my sister's.
1 person likes this
@Kandae11 (55047)
18 Aug 18
Okay.
1 person likes this
@db20747 (43440)
• Washington, District Of Columbia
5 Sep 18
I hold the purse strings although there is no purse!! More like just the strings!!!
1 person likes this
@Kandae11 (55047)
5 Sep 18
1 person likes this
@Icydoll (36717)
• India
17 Aug 18
When it comes to financial ,it's better both of them make equal decisions and control.
1 person likes this
@Kandae11 (55047)
18 Aug 18
Sure.
1 person likes this