Family finances : I do it the old fashioned way and leave it to my husband
Character : Late 20s mother of two.
My mother scolded me. She said I am being silly. She said I should have my own nest egg. After all I am a government officer earning a reasonable income. She said after going to university how can I be so silly and leave everything for my husband to manage.
I am too lazy to go to the bank. There is the parking, looking for a parking space etc. With two kids it isn’t easy. My husband has total control of my money. After every Rm5 000 he will transfer to a fixed deposit or invest in something or other. He gives me some pocket money to spend.
My mum thinks I trust my husband too much. He is after all my husband. He is unlikely to leave me high and dry especially when he loves my children so much. You must understand he is a dominant person. He just likes things to follow his way of doing things. I once approached him for some financial independence and it got him so angry I have never approached the subject again.
I don’t have any real money in my name. It is all in my husband’s name. I don’t mind. As long as there is peace in the home. As far as I know he doesn’t fool around or mix much with his friends. He is a loner. He comes home immediately after work. But I think he dabbles in the stock market. He is a good man.
Bengbeng | interesting characters
My wife had a friend who’s hubby had just passed away. According to her, he rarely came home late from work and almost always at home during weekends. She only knew he had another wife during the funeral. All things said, he was a good loving hubby. Why did my wife told me the story? well, trust your hubby but never 100%.
Just the opposite with me. I taught my wife how to use Quicken and electronics bill pay years ago and she does it all. I’m too busy to worry about it. But, you have to have a wife or husband that is reponsible and who knows how to handle money. She is better at it than me, and we decide who does what my who can do it best. Did I mention I don’t know how to clean house? But I could get a gold medal in beer drinking.
- FF
nowadays women money concept after marriage is “your money is my money, my money is also my money”.
big shark isn’t it?
I think it is such a dilemma for you.
But, if I were you, I hope some asset are under my name…
u are totally diff from my mami,
bt, need no worry la u, bengbeng is a devoted father and husband, i could see or rather read. thru his bloggies la 
she’s da financial minister of our family.
almost all of da assets are under her name.
i wanna like mami next time
so that if one day, i mean if,
my guy run away, i still can survive with those assets
If wife totally trusts you to handle the money, the best you can do is open accounts in both names. In case you ‘kick the bucket’ she can still have the money without fuss. If both are working then everything should be shared.
My attitude is, it’s not MY money. It’s OUR money. The house is also in both names. Without the wife running the home, I wouldn’t have the reason to go out there risk my sanity to earn the bread…
coolku : so choose a woman wisely
forever28: under who ever’sname it is still a family asset but it is best to have some stand by incase of emergencies
annant: mrs bb mus b relate dto yr mami. she is also the financial controller
lc teh : again we share the same outlook
Personally, I would rather have hubby handle the finances as I have enough stuff on my hands with kids and work but unfortunately it is not the case. Most and all assets are under my name, every month he pass me his salary (I never ask cos’ I hate to ask for money)He will ask me if he can keep some with him to use and I always tell him, it’s your money. I pay the bills cos I’m more internet savvy than him. I hate driving from bank to bank. So it does not really matter who is the financial minister of the family, so long as they understand that with that position comes GREAT responsibility.
mrs bb is like u , fortunately for me