should the couple set a shared saving account

@aringwi (136)
China
November 16, 2008 10:15pm CST
I have been married for four years.My salary is spent on everyday cost ,housing payment with little left,but my wife's salary is for her personal use which I don't know how much money she owns and put in the bank.Every time when i refer to it,she reply to me that man ought to support the family ,but not the woman.in the case of something urgent to use a large amount of money,where can i get the money?to get a solution ,i believe it is necessary to set a shared saving account,in which my wife and i put some money into it monthly and we know the password together.
1 person likes this
3 responses
@lynnemg (4539)
• United States
17 Nov 08
In my household, the bank account is solely in my name. His name is not on it by his own choice. We both put our money into the account to pay bills and other necessary expences. If there is any money left over, which is pretty rare, we discuss how it will be used before we do anything with it. I think that your wife should contribute to the household as well and not just do whatever she wants with "HER" money. You also work and should be entitled to a little fun money too. A joint account wouldn't be a bad idea, but here's another one. You put your money together, figure out the bills, pay the bills, take care of household needs, then, split what is left down the middle. You then have the option of seperate savings accounts so you both have the opportunity to save and spend your individual "FUN MONEY" as you see fit.
@aringwi (136)
• China
17 Nov 08
that is a good idea,but if she refuse to do that ,what should i do?shall i have a talk with her about the importance and the necessary ,and the unclear family economy account will lead to divorce?
@lynnemg (4539)
• United States
18 Nov 08
If I were you, I would sit down with her, with a list of the household finances and bills. Explain to her that she should be able to contribute also, and you think it is important. You could also point out to her that you too work, and you shouls also be able to have a portio of the finances to do with as you see fit. Explain to her that she will also have her share. I hope for your sake that she listens to reason and agrees to a compromise. Sometimes, seeing it all on paper, and being told how another person feels about a situation, makes a world of difference.
@SomeCowgirl (32270)
• United States
22 Nov 08
I know that it used to be the woman would stay at home and the man would go out and work. The man would support the family. Now though, women work and make money. The way things continue to climb, I think that a woman should contribute to expenses. My fiance and I have "our money" together, that is... We do not consider what I make to be used in any other way but together. The money he makes is the same. I want to stay home and keep house, and well so does he. To do this, well that's completely different from your question. Talk to your wife about "her" money. Don't start a fight, just try to reason with her on it, and if all else fails, go back on your "savings" idea.
@vidhyagowri (1976)
• United States
17 Nov 08
I personally think, its better to have a joint savings account for both of you. If she is not interested in spending her entire salary, then open a new joint account where you put a certain percentage and ask her to put certain percentage and use that money for your household expenses. In that way, you can also save some like your wife.