How Much Allowance do you Give Your SAH?

[Anonymous]

I have credit cards and an ATM card and I have never had an allowance. I don't recall if Ozzie put Harriet on an allowance. I've never given my husband a reason to consider it except when a new piece of furniture arrives. Despite my DH making a lot of money I don't buy a lot of clothes, don't often lunch with the ladies and I actually make my own jewelry.

[Anonymous]

Haha. I'm a SAHM. If anyone "asks" for money, it's my DH. He couldn't tell you how much we have in our checking account. (He does know savings, retirement, etc) He simply does not care. I pay the bills and manage finances. He earns the money. I decide how it's spent. Of course we discuss big purchases like homes and cars. But he could not possibly care any less about the day-to-day spending.

It's the same for literally every SAHM I know.

[Anonymous]

Anonymous wrote:Haha. I'm a SAHM. If anyone "asks" for money, it's my DH. He couldn't tell you how much we have in our checking account. (He does know savings, retirement, etc) He simply does not care. I pay the bills and manage finances. He earns the money. I decide how it's spent. Of course we discuss big purchases like homes and cars. But he could not possibly care any less about the day-to-day spending.

It's the same for literally every SAHM I know.

+ 1

DH hardly knows how much money he made last year. And in our case he doesn't know how much we have in savings or retirement. It actually really bugs me. I wish he were more involved and a little LESS trusting of me!!

[Anonymous]

Anonymous wrote:Haha. I'm a SAHM. If anyone "asks" for money, it's my DH. He couldn't tell you how much we have in our checking account. (He does know savings, retirement, etc) He simply does not care. I pay the bills and manage finances. He earns the money. I decide how it's spent. Of course we discuss big purchases like homes and cars. But he could not possibly care any less about the day-to-day spending.

It's the same for literally every SAHM I know.

+2, exactly

[Anonymous]

Anonymous wrote:

Anonymous wrote:Haha. I'm a SAHM. If anyone "asks" for money, it's my DH. He couldn't tell you how much we have in our checking account. (He does know savings, retirement, etc) He simply does not care. I pay the bills and manage finances. He earns the money. I decide how it's spent. Of course we discuss big purchases like homes and cars. But he could not possibly care any less about the day-to-day spending.

It's the same for literally every SAHM I know.

+2, exactly

+3 - My DH knows exactly what we have in all of our financial accounts but he has no idea of what it costs to run our household. I don't know if he ever looks at the household checking account or credit card statements. He knows that I don't like to waste money so he doesn't worry about it. He's happy that things run smoothly and that he can stay focused on making money which he does quite nicely.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Haha. I'm a SAHM. If anyone "asks" for money, it's my DH. He couldn't tell you how much we have in our checking account. (He does know savings, retirement, etc) He simply does not care. I pay the bills and manage finances. He earns the money. I decide how it's spent. Of course we discuss big purchases like homes and cars. But he could not possibly care any less about the day-to-day spending.

It's the same for literally every SAHM I know.

+2, exactly

+3 - My DH knows exactly what we have in all of our financial accounts but he has no idea of what it costs to run our household. I don't know if he ever looks at the household checking account or credit card statements. He knows that I don't like to waste money so he doesn't worry about it. He's happy that things run smoothly and that he can stay focused on making money which he does quite nicely.

Not this SAHM. He deals with the bills and finances, transparently. I use credit cards for household purchases and get a monthly cut of the income as cash to do with what I please. Lunches with friends, kid special treats, gifts for him, etc. Ben doing it this way for many years.

He’s better with money. We are playing to our strengths not having some kind of power play.

[Anonymous]

We both get $70/wk spending money. Honestly, most of my $70 goes to the kids - $10 for this, $10 for that....

[Anonymous]

Anonymous wrote:DW asked for monthly allowance so she didnt have to keep asking me for money all the time. She pays all of the house bills and kids’ bills with my credit card. The monthly payment is just spending money for her- so she can buy clothes, jewelry, entertainment, etc. We started at $7k 3 years ago and now she is saying her friends all get $10k a minth spending allowance. Our HHI exceeds 7 figures so going to $10k a month wouldnt make a difference. But I also wonder what in the world costs $10k a month. It seems excessive, no?

Only $10,000? Peasant.

[Anonymous]

she is building a cushion also know as "f.u. money" -smth she can readily walk out with (while still suing you for half of everything).

[Anonymous]

Don't buy her a watch the Oven has a clock

[Anonymous]

Anonymous wrote:

Anonymous wrote:Troll. I’m a SAHM in a social circle of SAHMs with husbands who make very high 6 or 7 figures. We all have credit cards and the husbands are too busy to pay attention to statements or spending. They don’t care as long as it’s reasonable. Happy wife = happy life.

Point being, 10k is not a lot to spend on a HHI of over 1M. So if this was real, the OP wouldn’t even notice or care.

^ forgot to add, no one has an allowance. Modern couples don’t do that.

I recently met 2 stay at homes that had allowances. Its that amount that your DH tells you to try not to go over each month on his credit card.

[Anonymous]

Anonymous wrote:DW asked for monthly allowance so she didnt have to keep asking me for money all the time. She pays all of the house bills and kids’ bills with my credit card. The monthly payment is just spending money for her- so she can buy clothes, jewelry, entertainment, etc. We started at $7k 3 years ago and now she is saying her friends all get $10k a minth spending allowance. Our HHI exceeds 7 figures so going to $10k a month wouldnt make a difference. But I also wonder what in the world costs $10k a month. It seems excessive, no?

You must run in vastly different circles than I do. I am a SAHM (with no specified allowance) in an UMC area, but no one I know is spending $10k/month on just themselves, not counting household and kid purchases. I spend $10k/month, but that includes everything (groceries, kids activities and clothes, mine and DH’s clothes, the internet and cell phone bills, etc.) and believe me no one is scrimping or doing without.

[Anonymous]

Guy here - I can't imagine discussing putting my DW on an allowance. I like having a penis!

[Anonymous]

Winner! Best post.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Haha. I'm a SAHM. If anyone "asks" for money, it's my DH. He couldn't tell you how much we have in our checking account. (He does know savings, retirement, etc) He simply does not care. I pay the bills and manage finances. He earns the money. I decide how it's spent. Of course we discuss big purchases like homes and cars. But he could not possibly care any less about the day-to-day spending.

It's the same for literally every SAHM I know.

+2, exactly

+3 - My DH knows exactly what we have in all of our financial accounts but he has no idea of what it costs to run our household. I don't know if he ever looks at the household checking account or credit card statements. He knows that I don't like to waste money so he doesn't worry about it. He's happy that things run smoothly and that he can stay focused on making money which he does quite nicely.

+4. DH knows about the investments and other finances and we talk about it but he leaves it to me to manage it and decide where the money should go.

I love DH but it would not be that difficult for me to secretly stash away money over the years