Comments on: A WAHM Knows A Man Is Not A Financial Plan

By: Jenn

Jenn — Wed, 19 Aug 2009 22:37:57 +0000

I’m pretty sure if my husband had the patience to sit in front of a computer he would gladly be a Work At Home Dad! He always comments on how I will eventually make enough to be able to replace his income so he can stay home. If we didn’t need health insurance, things may be different.

When he lost his job last year, my business was supporting our bills, and we were both so happy that we didn’t have to deplete our savings.

As far as the seperate checking account thing. We don’t believe in it, personally. I know other couples who do it and are fine. When you’re married you become one, that includes the finances!

Great topic! Thanks for posting.

By: Nodin's Nest

Nodin's Nest — Wed, 07 May 2008 20:22:50 +0000

As a single woman and mother by choice, a man has never been in or part of my financial plan. I learned as a young girl to make sure I could provide for myself, that said I know if I ever were to marry, I would keep our finances separate.

By: Carrie Lauth

Carrie Lauth — Tue, 06 May 2008 14:26:22 +0000

Thanks for the mention and link Kelly. It's an important topic and while I had some reservations about sharing some of my feelings, I'm glad I did. Carrie Lauths last blog post..Work at Home Moms Aren’t Making The Feminine Mistake

By: Kelly McCausey

Kelly McCausey — Tue, 06 May 2008 07:32:42 +0000

I just noticed that Carrie Lauth had written a lengthy blog post on the topic, check it out here!

http://carrielauth.com/blog/2008/04/28/work-at-home-moms-arent-making-the-feminine-mistake/

By: Kelly McCausey

Kelly McCausey — Tue, 06 May 2008 07:31:37 +0000

Hi Lori, I’ve heard of couples who successfully seperate their finances like that but I’ve always wondered what that says about trust issues. It sounds like it has been working for you long enough that it’s not working against you in any way. That’s awesome!

Hey Barbara, I’m curious – are there any ego issues for hubby when you out-earn him?

Thanks for your comments gals!

By: Barbara Ling

Barbara Ling — Mon, 05 May 2008 19:03:53 +0000

For my husband and myself, it’s a give and take. Some years I bring in more money than he does, and other years he’s the main breadwinner in our family.

We always inform the other about future intended purchases and trust each other enough that we won’t go out of our range. So far, it’s working pretty well.

Data points,

Barbara

Barbara Lings last blog post..3 Surefire Ways of Making Money on Mother’s Day

By: Lori

Lori — Mon, 05 May 2008 14:23:31 +0000

My husband and I have seperate checking accounts, we have for 15 years. We do this to keep from fighting over money.

I always have access to his money and am free to use it when I need it & vice versa, however, he doesn’t touch mine. He loves that I do have my own money and wants me to use it the way I see fit.

Recently, our truck broke down and it was going to cost $1500. He had just spent $2000 on it to pay it off early so this too us by surprise to say the least. He didn’t quite have enough and I was absolutely thankful that I had the money to help….and so was he;)

We both insurance, both life and medical, we both savings account, as well as our boys. Each other’s names are on all accounts in case of something bad.

I think it’s important to be financially responsible regardless of whether the wife is a SAHM or works. Even when I didn’t have any income, I would save what my husband would give me and just put it away. I have a very nice nest egg built right now because of it.

NO MATTER HOW MUCH YOUR MAN PROVIDES FOR YOU, YOU MUST HAVE SOME CONTROL OVER YOUR FINANCES AND FUTURE:)

Loris last blog post..Win a Pair of Ladybug Shoes Like Suriâ€™s, As Seen On Oprah