RE: Erika and Charlie Kirk Fairy Tale: "Have More Children Than You Can Afford" and "Leave the Finances to Your Husband"
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My wife actually prefers that I handle the finances. It drives her aunts crazy. I don't really care either way and I always try to keep her involved and let her know what is happening. If anything, it makes me pay more attention because I don't want to let her down. We recently set up a trust, so she is pretty protected anyway, and I don't plan on going anywhere, but it is interesting how some people are happy just knowing when they can and can't spend money. She always loves it when I declare a spending freeze! :)
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That's the point. My husband handles the checkbook because when I tried a made a mess of it. But we both know where the money is and we are both beneficiaries on our retirement accounts. Everything is jointly owned. That makes us both safe.
Yes! And I'm sure if you are making a big move, you will ask her...like, I'm buying a house, or I'm buying a car, or I'm investing our retirement savings in the stock market instead of bonds (an example).
Still, we never made a significant financial decision in this house that was individually decided. We always agreed and always both had an equal stake.
I wouldn't be able to turn my finances over to any one. I think you can appreciate why, given what I just wrote in this blog :)
Yes, I can definitely understand your position. We decided a while ago that anything under $50 we could pull the trigger without checking first. Now that we are more financially stable we have become a little more lax with that, but nothing major happens without the other knowing.