re: Who handles the finances in your household?

This. My wife pays the monthly bills because early in our marriage I showed a propensity to not give a shite if certain folks didn't get paid for a month or two at a time. She took over that part 20 years ago and has both our credit scores over 800.

My contribution is to create the long term plan: elimination of debt (done), save for kid's college (well on the way), and save for retirement (not so good right now)

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e last thing you want to do is leave your wife and kids having to figure out how to pay the bills, where you keep money, and everything else if you were to die.

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I literally have a flash drive with all this info on it in a safe. There’s also a very detailed letter outlining what to do, when to do it, and how to do it. When my grandfather died he went somewhat suddenly and left very few instructions. I saw how stressed my mon was during an already difficult time.

My wife is an Eldorado finance executive.


And I still handle our month to month.

Me, wife wants nothing to do with it

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Any kids involved?

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Nope.

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Do you know if your wife if maxing out 401k?

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this level of separation blows my mind.

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I used to think it was safer.

I don't anymore.

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I literally have a flash drive with all this info on it in a safe.

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I saw how stressed my mon was during an already difficult time.

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My dad is a financial advisor, he taught my mom this after having widow after widow come into his office saying they don’t know what they have, what they owe, or how to manage it. After that he taught my mom to do the finances because he never wanted her to deal with paying all the bills and figuring out a funeral at the same time. I keep my wife involved for the same reason.

We have separate and a joint account for bills. I pay bills, since my wife is a Nurse and works a different schedule than I.

I handle everything for our household. All our money goes into one account and then I send money to my wife’s account at the beginning of the month for whatever it is she wants to buy. Usually she’s spent all that money 1/2 way through the month and there is a fight about needing more money. Every month.

We would be broke if my wife handled the finances. Scary part is that she graduated with an accounting degree but has no idea how to manage personal finances.

I do it all.

Both