Husband or Wife: Who should deal with the family`s finances?

Philippines
July 14, 2008 1:23am CST
I am married for almost 3 years now,but still we haven`t settled who should take our family`s finances.As far as I know the wife is the one who is responsible for the family`s finances but I think my husband does`nt care about it.Should I be the first to talk to him about it or i`ll just wait for him to tell me about it?
1 person likes this
7 responses
@sedel1027 (17854)
• United States
22 Jul 08
No one person should be in charge of the finances. Both the husband and wife need to know what is going on with the money, how the bills are paid, how much etc just in case something happens to one of them.
@acmomcee (49)
21 Jul 08
You should both be open about everything. When something's bothering you, let him know. Especially with regard to your concern, you should be talking about it. In my case, I don't work yet, but we have talked about that when I work, I'll take care of all the house billings, groceries..everyday expenses. Then he'll be the one paying for the house rent and do all the savings. It's the matter of agreeing on things. You can say him what you want and listen to his suggestions. Just always keep an open communication.
• United States
14 Jul 08
Money is the biggest stressor in a relationship, and I think that couples should sort out a budget and work on finances together. If both people agree on where and how to spend and save, there are fewer arguments. My guy and I work out money issues together so that neither of us is surprised by the bank account balance or why we can't go out to dinner that week.
• United States
14 Jul 08
It's a good idea to at least have him involved. I see a lot of families where the husband let's the wife do everything. Not only is this stressful on the wife, but many times, when a financial problem occurs, the wife ends up having to take the blame. The husband should be as involved as the wife. That way, he knows where his money is being spent and has no reason to blame her for anything. If he just turns over his money and doesn't care, then, he shouldn't complain if something happens. It's just best that both are involved equally.
@juliefaye (1214)
• Philippines
14 Jul 08
If you feel that it is time for you to discuss this, then do it now. I am married for 13 years and both of us are in charge for the finances. He didn't give me his money but he came home with the groceries and he pays our bills. I sometimes settle things that my kids needs in school like projects and the like. If I have some extra I bought him polo shirt or slippers. It never became an issue to us on who's going to pay for this or that. It all depends upon on how you deal with your finances. Good luck and I hope you can find time to discuss this with your husband.
@wendhieRN (754)
• United States
14 Jul 08
I am married for a year but still I and my husband cannot afford to move to a new house because both our workplaces are distant. Mine is in Clark Pampanga, His is in Makati. When it comes to the finances, sometimes it is healthy that both couple will discuss together as to how they can handle it. Ours is when it is payday, we share each other's payslip so that whoever gets the higher pay would share more. But both of us are saving for emergency use.
• Philippines
14 Jul 08
I think you should tell your husband & discuss with him about it... Handling finances should be deal with the couple but the husband should give the momey to the wife then the wife will budget it...