How should my wife and I handle our family finances?

The two people discuss it and decide whether one person should hold the power, or whether two people should hold the power together. Before getting married, you must discuss it with each other. Whether the man is in charge of money or the woman is in charge of money, the money must be kept together. The husband and wife are of the same mind and cannot have their own petty calculations and calculations of interests. Couples who manage their own money will have a bad relationship in the end. Not very good.

First make an income and expenditure statement, and then both husband and wife jointly plan the expenditure goals to be achieved in the future. When the control of financial power is entrusted to either party, it needs to be clear: 1. Both husband and wife have the same consumption concept and can talk openly and honestly about how to spend money; 2. Trust and respect each other, be able to discuss everything, and do not bully or hide anything. .

The most common thing is that one person is in charge of all the money in the family, and the wife is more likely to be in charge of the money. Probably because women are more careful and are afraid of men spending money outside, so the wife is in charge of all the money earned by the couple, leaving only a small amount of money for the husband for daily expenses, so we often see some men hiding private money. , has become the butt of many jokes. There are also situations where the husband manages money. This kind of husband should have a much higher income than the wife, and his investments will be more rational than the wife.

There is a way that everyone manages their own money and spends their own money. This method is not common, but there should be examples of this around us. The salary between the husband and wife is controlled by themselves, and when they encounter the same expenses, the two people will discuss it. I don’t agree with this family financial management model that is similar to the AA system, because there is a big difference between a couple and a relationship. Family expenses, such as water, electricity, heating, and expenses on children, it is not clear who belongs to them. , if money is still yours and mine, then what’s the point of getting married?

The husband and wife establish a family account, and the money each person earns is deposited into it except for their necessary expenses. Then two people manage the account together. Investment, financial management, large consumption, etc. must be decided by the two people together. There are many benefits to this. Neither husband nor wife will hide their private money and hurt their feelings because the money is given to each other. Moreover, everyone can manage the family property, reducing the chance of money loss. Collaborative management can also enhance the relationship between husband and wife and enhance mutual trust.