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Very good income but wife constantly saying we can't save
Good advice here! I’d add that setting a shared financial goal and not blaming each other is really key. I’m a saver and OH wasn’t, I started overpaying the mortgage and what got him on board was that we could be mortgage free by the time the kids leave home. We’ve also now got an emergency fund and both save regularly.
Your aims might be different but having a shared goal is the way to go. Then communicate about it a few times a year, we have occasional Sunday morning tea and finances in bed! It’s a bit nerdy but works for us.
Do you have a joint account or separate, or both? We had a joint household account for bills and other essentials. We also knew how much was needed each year for holidays, clubs and houshold emergencies etc and set aside that money. After that, we each had our own money. I am a saver, he was a spender. But that was his choice. It worked for us. He did not need to know how much I had saved and I did not need to know what he had spent his money on.
