Reply to How best to budget under these circumstances?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Since he doesn't want to save, do all the savings directly from your paycheck. You can set up direct deposits to 401 (k), brokerage, and 529 plans, with the remainder to a joint checking account.  Then spend whatever is in the joint checking account on household expenses.  My husband grew up poor and is not a saver - if he made $10m a year, he'd spend it all.  It's just the reality of our situation.  At some point, fighting it gets old.  If you adopt this approach, you also need to monitor his credit and make sure he's not compensating by taking out debt, because that's another, much bigger problem. [/quote]

It's not that the spouse doesn't want to save.  I think neither of us has an overall picture, so we can't plan or realize savings potential.  And we don't fight about it really, but it's very stupid, and not helping us in the future.  So I'm trying to get together some basic options so we can sort of get a plan and then go from there.  And we do have a financial planner, but they won't budget for us.

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Automate savings and spend the rest.  The principle is simple - pay yourself first.  You can have savings buckets for things like retirement, college, vacation, home repairs, etc. [/quote]

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