Reply to Do you rein in the spender in your family?

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[quote=Anonymous][quote=Anonymous]What if the spender is also the main breadwinner in the family? Do you give them a budget of how much they can spend each month on extraneous items?

Our salary difference is extreme - DH makes $650,000 and I make $150,000. But DH is the spender of the two of us and I do our budget. I feel bad when I tell him to spend less because I know he works a lot and deserves to reap the benefits of his hard work. But I also have a budget and financial goals for us that we need to meet each year so think it’s silly to spend money on things like a new grill, workout equipment, sports events, etc. [/quote]

those things all seem VERY reasonable for your HHI. I know someone who took a 3 week vacation to greece and spent 250k. Now that’s insane.

We don’t rein each other in. We hVe direct deposit to our brokerage, 401k, and random big purchase savings account (cars, big home projects, etc). we blow the rest anyway we see fit and did indeed just buy a 5k Napoleon grill.  For perspective our direct deposit that we never see totals 50% of our take home income so we are perfectly comfortable blowing the rest with abandon. [/quote]

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