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Out of Interest, Are There Any Ladies Here Whose Husbands Control the Purse Strings?
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We both know exactly what goes in and what goes out. All of our bills come out of our joint account, in which his wages also go into, then I transfer over from my own account to the joint for my half of everything.
We both know when the rent goes out, how much and when the utility bills goes, though I know how much free money he has as I can view this on internet banking but he doesn't really know whats going on in my own account as he can't use internet banking, so he gets me to log in, etc.
I just tell him how much money I have spare at the end of the month and he never questions it if I've not got much because I've had a bit of a spend up on myself, nor tells me what to do if I've got quite a bit spare.0 -
I don't think my OH could even find the purse strings, let alone control them. He hasn't got a clue about our finances.
He's got access to it all - we've got a joint account for all household things, we're both named on mortgage and all bills, etc - so he has the opportunity to be as involved as he'd like but he's more than happy to leave it to me.0 -
What a load of old tosh. Could just as easily be:
Why men should NEVER trust their wives with the purse strings: John did. Now his perfect middle-class life is in ruins- As a trained book-keeper, John Smith always tried to be prudent
- In April this year, John's wife Mary told him she was going to court
- She had stolen £53,000 from her employers and had a gambling addiction
- John realised that he didn’t even know who their mortgage lender was
- He discovered they had no savings
- John was left with their three sons Adam, Alex and Ryan
Why both partners should take an interest in the family finances: Denise didn't. Now her middle-class life is in "ruins"0 -
What a load of old tosh. Could just as easily be:
Why men should NEVER trust their wives with the purse strings: John did. Now his perfect middle-class life is in ruins- As a trained book-keeper, John Smith always tried to be prudent
- In April this year, John's wife Mary told him she was going to court
- She had stolen £53,000 from her employers and had a gambling addiction
- John realised that he didn’t even know who their mortgage lender was
- He discovered they had no savings
- John was left with their three sons Adam, Alex and Ryan
Why both partners should take an interest in the family finances: Denise didn't. Now her middle-class life is in "ruins"
Well, it is the Daily Mail :rotfl:
They carefully select parts of a story and present it as if it were the whole picture.0 -
My dh controls all the finances but I have access to any funds I need via a joint account. He has his own account that his pay is paid into but he keeps the joint account topped up.
I'm happy with it this way, and trust him perfectly with our moneyWe got rid of the kids. The cat was allergic.
Debt at LBM (Sep 07): £13,500. Current debt: [STRIKE]£680[/STRIKE] [STRIKE]£480[/STRIKE] [STRIKE]£560[/STRIKE] [STRIKE]£13[/STRIKE] £0 overdraft
Current aims - to start building up savings
1st £1000 in 100 days - £1178.03
2nd £1053.38/£1000
3rd £863.59/£1000 
:j0 -
Having read this story it sounds less about who controls the purse strings but more about the deceit and lies and both of them burying their heads in the sand.
No matter who controls the money in a relationship surely the other should have some idea of what to do/pay/where the money is if their partner was incapacitated in some way whether they are ill or if god forbid they die.Total Debt:
Dec 2015: £20,090.87
Dec 2016: £16,320.850 -
Hubby looks after his purse and I look after mine.Forty and fabulous, well that's what my cards say....0
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Maybe it's because I am single, but I find the idea of one partner having no idea what goes on financially very, very odd? (Although until my LBM a few months ago, I didn't have a clue either)
My best friend is in total control of her household finances. She is a stay at home mum, but her partner, the wage earner, doesn't deal with anything. His wages go into their joint account and she pays all bills and allocates food shopping money.
He is very irresponsible and repeatedly makes impulse purchases that cause them hassle. Her attempt at a solution is to give him 'pocket money'. It's like having an extra child.0 -
I control all of the finances. I do try to get the husband involved, he absolutely has no interest at all, he just says 'you're the money'. I have made the log ins for the banks easy for him in case I snuff it, I actually daren't do that to be honest, he really wouldn't cope.
I sometimes think how lovely it would be to have someone else have all of the stress and responsibility that comes from balancing the books, planning for the future, keeping a roof over everyone's head etc. I can see the appeal of having a personal account where the money fairy deposits spending money once a month and making it last is all that has to be worried about.:A
:A"Everyone is a genius. But if you judge a fish on its ability to climb a tree, it will live its whole life believing that it is stupid" - Albert Einstein0
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