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Relationship Discussion (non-explicit)
Reply to "Should I let my husband make the financial decisions? "
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[quote=Anonymous][quote=Anonymous]I handle all of our day to day which includes everything associated with running two homes plus my own business. My husband manages our investments and includes me in all discussions with our advisors. He also updates me a few times a year on how our total portfolio is doing. He does make some decisions without my input but they are not of a size or risk that I’m going to worry about it. The real key is that over 30+ years he has made sure that we save at a high rate and invest smartly. Our yearly returns have been good but it is the consistent saving and compounding that has been great. He relies on me to manage my side and I rely on him to manage his side. We have never argued about money.[/quote] This is basically our approach - he keeps me involved and updated so it’s a trust but verify type arrangement. However, he rarely asks me about what I’m spending the day to day on but he knows I don’t like to waste money. We’ve been doing this for over 30 years as well and it’s worked nicely. [/quote]
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