Just 3 months later, interest rates starting going up on some of our credit cards.
So, I manned up!
My late wife handled all our financial affairs. I was perfectly capable of doing it myself but she was more businesslike plus she had a degree in business.
She was very good at it too.
My first thought was that Ramsey was making a statement on gay marriage. Heh.
SnakeDoc
My husband takes care of the heavy-duty financial stuff (IRAs, stocks, retirement funds), he does talk to me about it. I take care of the everyday stuff, checkbook, purchases, etc. It seems to have worked okay for us as we just celebrated our 32nd anniversary last week. It really fed into each of our strengths as hubby is a computer/math person and he thinks about things in complicated ways. He once decided to balance the checkbook for the month and it took him hours. I’ve been doing it every since; but, he will do a comprehensive balancing about once a year and I am always pleased when he tells me that I was just a couple of bucks off.
The greateest attribute to a good marriage is trust.
Financially and Emotionally.
My wife does the bills and I earn the money. She is a housewife and has been since a year after our marriage.
When I need money she writes me a check, when she needs it she writes herself one. We only use credit for vacations, everything else is paid for in cash.She doesnt ak me for money when she needs a new bra, and I dont ask her for it when I need new T-shirts.
If we buy a car we talk it over, we decide what she wants in her new car and I get her old one.I keep her in the new car because I don’t want her broken down on the road. I trust her and she trusts me.49 years it’s worked I hope it works for another 25 at least.
Dave Ramsey Ping!
Dave Ramsey Ping!
Is it my responsibility to pay the student loans and medical bills she left behind?...No. The government will do it. That’s what we voted for. As for the dude who doesn’t want to be involved with HIS finances, he wants to work his Whole life, be broke when he dies and enjoy nothing.
My wife is one of those people who has a very good sense of organization, where as I am disorganized. That being said, we agreed long ago that she should be in charge of watching our finances. So, my wife takes care of paying the bills, balancing the checkbook, and handling what credit cards we keep, get rid of, and apply for. We do discuss our finances however.
I on the other hand handle all our investments, and we are doing good for our future retirement. At least until Obama decides to nationalize the stock market.
When she has a question about anything we sit down and discuss it. She knows that if we need more money that I will make it, or we will cut back.
Our latest credit rating was above 850, and we have not payed interest on credit cards in 25 years. Today our total debt is $3,000, and most of that is from firewood we purchased to get through the winter, Christmas gifts, and the remainder of from medical bills racked up from spinal surgery I had last November on my neck.
Our home is paid for, and we have two vehicles that work great. One is a 1990 Toyota king-cab PU, and the other is a 2000 Ford Box Van with a lift kit, needed for my wife because she needs a wheelchair to get around.
I have always believed that both the husband and wife should make financial decisions together, but the man needs to be the one with the final say in all matters. So while my wife has done a masterful job, when it comes to decisions, she looks to me to make the final decision, and I look to God for my final decision.
Its worked great for us, and as I said, 25 years later we are sitting good. Ultimately I give the credit to God. God has given us what we need, and when he sees fit, he give us something extra.
I live my life as God requires me to. I always struggle in my walk with God, but I have faith that he will always forgive me as long as I go to Him for forgiveness. Another thing I do is use Scripture to use as a guide in my life, and no other scripture guides my financial life more than Proverb 30:7-9
Two things I request of You Deprive me not before I die. Remove falsehood and lies far from me; Give me neither poverty nor riches Feed me with the food allotted to me; Lest I be full and deny You, And say, "Who is the LORD?" Or lest I be poor and steal, And profane the name of my God.
The only drawback is we can't keep any financial secrets other than whatever cash we can squirrel away from our pocket money but that's probably for the best!
What about the situation where the wife earns 80% of the income—pays all the bills; the husband is paying almost all his salary to the ex-wife and still wants to be king of his castle (dictate how money is spent; what decisions are made)?
I look at these replies and think....”this is conservatism today”
Sad...truly pathetic
are there any men with balls left or do they let their wife kept them next to the checkbook?
my wife writes the checks for the bills and works on some of our family business clerical crap..and I appreciate it...she would rather my office manager did it for her like my dad’s secretary did for my mom...but alas..
but she pulls the cash from me or from accounts I feed
i do not bird dog her unless I see something excessive or should have been attended to or if i tighten our budget
big things like cars we talk about as a courtesy or she tells me what she wants...which is easy...she drives a Land Cruiser with only 10,000 miles per year...7 years now same car
but if I wanted to buy her a Cayenne or GL450 I just would but I’d be sure to get her color..but given this economy that ain’t happening
me ..it’s pickups and it’s time soon with 200,000 on the Dodge
even in the best of times and marriages there will be financial friction ...you have to work through it
btw...I think the women multitask myth is just that...a myth
they don’t multitask one bit better than men...women like things static...and safe