Money budgeting

Hello there! I remember having this small pouch on our wedding but I don't believe in the meaning of it based on our traditions. Basically,the wife is really the budgeter in a family and the husband is the provider but that doesn't necessarily mean that the whole salary of the husband should be given to the wife. I think that's too selfish if that would be the arrangement,lol! Poor husband!

Who decides who gets the coins? I suspect that it is one or other of the in-laws who makes the decision. That is SO 'controlling', don't you think? It is one thing to wish a couple happiness and success in their life together and to be willing to help them when they need it: it is quite another to say "We have decided that you will manage the money!" I think that the husband and wife between them should decide who does the budgeting and, in any case, a household budget should be a JOINT thing, though, perhaps, one partner may do the work involved in working out a budget because some people are better at figures than others.

Both parties should understand how the money comes in and out of the household but often one person is better at handling finances than the other. To have some arbitrarily decide Y is better than X or vice versa can be dangerous.

Sometimes one person is better than the other with money. If it comes to the household expenses both people need have a say in where the money is spent but I also believe each person needs to have their own money to spend. One person shouldn't control everything without the other knowing but if one person is better than handling money then the other person needs to trust the one who is better at handling the money.

I don't know this tradition since I've never seen one but when it comes to married couple, they both have the task to do budgeting for the family. I totally disagree with girls do the budgeting while males do the lavishing. It is a hard earned money that will be use only for the benefits of the family. If they are both conscious about how they spend money, surely they will have enough savings for their kids.

I don't think that this is unfair. Money should be focus on one person. Then, when you want to use it, you can discuss to each others. If you can do this, you can safe the money. If not, I don't think that money can be kept well for a long time.

I had an experience of attending actual wedding ceremonies... and even me and my wife did it in a cathedral wedding four years ago. It is normal that we did this thing as a symbol of financial cooperation, agreement and different aspects too. I don't think that the budgeting should only done by one partner especially ladies out there but of course by the two couple since there are instances that a wife has no good financial capabilities and so with the husband either. We are thinking that marriage is not only love and partnership but it is the foundation of financial structures ans establishment. Everyday people spend money in daily activities yet they are engaged in budgeting too, otherwise if one man has no target limit of spending he would lost money and might result to use credit cards or lending pennies as well. Hence, both husband and wife should agree on their finances and both of them would give extra care to shoulder the all the expenses wisely for the good and happy living on earth.