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Not the last couple sharing finances

Posted By: LinK on 2009-03-20
In Reply to: Are you 2 the last to pool your money, probably so - Shaking

I can't imagine having separate money from my husband. We're married and we share everything equally including bills.


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Finances . . .
Why? Husband has been laid off since last October, works for father, doesn't want to quit, can't really work anywhere else (not licensed yet). My wages went down when I was whisked out the door by my previous hospital job (stupid EMR/VR). Oh yeah . . . and house is worth about $100,000 less than what we owe :(

I have a lot more that I could add, but since we have to pick just one, I guess I will go with finances. Ain't this economy just a blast? (sarcastic)

GabbyChick . . . I completely understand where you are coming from about having a dream career. It especially sucks when you have put time and effort into what once used to be very comparible to a dream job.
Here's how I handle finances ...
I am doing well when I see others are not but it takes some priorities and discipline.

I have a budget set. I follow it religiously. It took time to develop it. It includes expenses for maintaining the car and home, clothes, gifts, haircuts, emergency saving, long-term saving. If I have a fluctuation in income where I have excess left over - it goes to savings, not in my spending fist.

I have everything I can set up on electronic banking. It helps keep you on track if you cringe at the thought of being overdrawn and messed up on an electronic withdrawal problem!

Income is direct deposited into 3 accounts: Household checking, personal checking and savings. Household checking is where all expenses are paid out of. Savings, self explanatory. Personal checking is the allowance I have for myself from each paycheck. It is my personal spending.

Once the bills are paid, each payperiod I have a set amount I withdraw in cash from household checking. This is for gas/groceries. That is it. When we run out of cash for gas/groceries, we run out.

Don't carry credit/debit cards or checks with you.

Single most important staep you can take: Live below your means. Whatever your income is, subtract 10% for your savings and then live on the rest. No exceptions. No matter what changes you have to make, if you do not do take this one most important step, you will never have any savings and never get ahead.


My husband is oblivious to our finances

Sometimes that's a good thing and sometimes not.  It sounds like maybe your husband is too proud to tell his family that he can't afford these things.  I've had my niece/nephew over for the weekend and it adds up quick.  I would suggest talking to the "leader" of his family, the person who hosts the get-togethers, and let them know that you do the finances and you just don't have it this year.  It doesn't need to be said in front of everyone or even in front of your husband.  I would certainly let your husband know that you are going to say something beforehand, but he doesn't need to be present at the time it's said. 


I'm not sure how you do Christmas/birthdays in your family, but in our family, we exchange names for Christmas so we don't have to buy everyone but everyone has something to open.  For birthdays, we take the time to call and wish that person a happy birthday.  We don't buy for the children unless they are having a party and we've been invited to it.  My brother lives about 2 hours away, so we don't always make it to each other's parties for the kids.  Unless his family is loaded, I'm sure they'll understand.


As for the glasses, I just took my son for new glasses yesterday.  The eye doctor said he needs a new prescription, but I asked if just the lenses could be replaced and the frames reused.  He said absolutely.  Our insurance covers new frames, lenses and the exam, but my son has a tendency to break things at the most inopportune time.  We just bought him these glasses in June because he broke them and according to the insurance, it wasn't time yet for new ones.  Now that he is eligible for everything new, we asked for just the lenses.  If he breaks his frames later in the year, we can just get new frames (covered by insurance) and pop the lenses in.  The only problem there would be is they discontinue his frames because the new lenses probably wouldn't fit a different frame.  So, something to consider here is, if your stepchild needs a new prescription and already has glasses, then I would check with your lawyer to see if you can just buy new lenses for the current frames.  The frames are what normally cost the most anyway.


The reasoning is that those who are not in control of their own finances (sm)
i.e., bad credit, are more statistically more likely to be tempted to steal.
Wow, a couple of people need to take a couple of happy pills!
j
I think finances and stress ALL play a huge part in this. nm
n
Finances were a real sore spot in our marriage for a long time

But my husband was in the military for 12 years, and he was away quite a bit, so I had to take over the finances. When he was home and he was paying the bills, he would get so upset because he felt there wasn't enough money and "where does all the money go?" "why don't we ever have any left?" was all I heard. I finally told him I was taking them back over because I was sick of hearing that every month. I put everything on MS Money, categorize it, subcategorize it, and add memos, so if he wants to know exactly where the money is going, all he has to do is look.


Funny....he really hasn't complained a whole lot since.


Worry about finances but don't worry about insurance. sm
Most of the time, the father is awarded through court to provide insurance on the children as well as child support. If not, you might would qualify for some assistance on healthcare for the children. There are a lot of programs out there now. You could always try to find an employee position although that doesn't seem to easy this day and time. In the end, money does not buy happiness nor love.
Thanks for sharing!

It is always nice to hear stories like this especially when it has to do giving our military folks a reason to smile!! 


ditto...support them 200%...disappointed in the administration but always hoping for a better day..


Thank you so much for sharing this
It officially brought chills to me.  It is amazing how his voice had not been discovered before this.  I love love love the reaction from the two "mean" judges.  Wow. 
LOL, thank you for sharing that :)
I just checked out my area and so far we've got worught iron chairs, a bed from Hoffen Koos and a lot of matresses.

I'm still laughing about Hoffen Koos.

LOL
Thanks for sharing...
you are certainly entitled to your opinion.  Hope things are better now.
Thanks for sharing the tip.
xx
Thanks for sharing! (sm)
Called my local store in Washington state and they confirmed it!
Thanks for sharing :-) - sm

How precious!  I LOVE orange kitties.  Enjoy! 


Just sharing sm
My sis was 59, had tried to quit several times, but every time something stressful happened, she would smoke again. I can't give you specifics because she didn't want to hear my sermons, but Stage IV with no symptoms whatsoever except a lump in her neck. I wished she would have listened to me. I was putting my tree up today and cry every Christmas. Please don't let this happen to you. The doc said, "You have Stage IV so keep smoking, what's the difference?" I care about you. Please stop! There are no excuses. My sister would not accept my tough love, I hope you do. I don't have any idea who you are but I will beg you to stop. No excuses.Use lollipops, cinnamon sticks, ice cubes, Nicorette, something to keep your mouth busy but smoking. You'll feel better, smell better, look better. Treat yourself to a manicure or something each week you make it.
Thank you so much for sharing! sm
What a handsome boy he is!!  Keep us posted on his continued good health.
Yum. Thanks for sharing
xx
Thanks for sharing that - sm
  What an adorable story.  I loved the drawings too! 
and thank you for sharing....
I do appreciate you sharing your own stories.
Thanks for sharing that - going to try it myself! NM
x
Thanks for sharing this recipe
I'm going to visit my daughter at college soon so I plan on bringing a bunch of "supplies".  She lives in a house with about 6 other girls this semester.  I'm going to bake a bunch of these to bring also ! 
Great tip, thanks for sharing!
My hands often get cold too this time of year.  I buy the little stretchy $1 gloves, cut off the fingertips and that helps as well. Happy Friday! 
That is so sweet. Thanks for sharing!

My teenage son did something like that, only it was a song that his favorite band (Good Charlotte if anyone is familiar with them) sang and I think it was called Thank You Mom.  He sent it in an e-mail thanking me for all I had done for him while he was little and since he has gone off to college.  I cried like a baby when I heard it.  He also has a My Space page that we can access and under one section, it asks for his hero.  He said something to the effect that now that he is out in the "real world" his hero is his dad.  They used to fight like cats and dogs, so that was nice to see.


So, they do see what is going on, even if you don't think they do, and they do GET IT eventually.


Didn't know this either-thanks for sharing! nm

Wow. How uplifting! Thanks for sharing that! nm
x
Very moving. Thanks for sharing. nm
!
Just sharing (bragging a little too LOL). I have been
I know a lot of people have asked about it on this board and I just want to say it is possible if you really, really want it, and I really, really do.  I still have about 80 pounds to go to get to my ideal weight, but I am not stressing over a number, I just want to continue to lose at a consistent pace, and I am feeling sooo much better.
Would you mind sharing?
My mom used to always keep a copy of The Pill Book which had pics of medications as well as info about them. When my son and my niece were little, they would play doctor (REAL doctor, not the other kind! LOL) and use The Pill Book to prescribe things for each other.
Hilarious! Thank you for sharing.
nm
Just beautiful! Thanks for sharing! nm
:-)
That's funny! Thanks for sharing!
Very good example of verbatim!!
Those are cute! Thanks for sharing!nm
x
That was really neat. Thanks for sharing.

they are just adorable, thanks for sharing
them with us.
Cute. Thanks for sharing. -nm

Sharing your past

I have an 18 yo son and a 16 yo daughter and this subject comes up occasionally.  So far we haven't had to worry about their drinking or drugging, and it may have something to do with how both our pasts have been part of our teachings, age-appropriate, of course.  We both come from alcoholic families though were blessed never to become alcoholic ourselves, but we've shared some of our expeirences from the standpoint of how they made our lives more complicated.  We strive for simplicity in our family, and they can see how immoral behavior almost always makes for a more complicated life.  At 18 and 16 they both just tasted wine for the first time (other than church) this Christmas and none of their friends drink, or even smoke.  They know their grandmother died of emphysema. 


They also know that my life changed drastically when their oldest brother was born 37 years ago when I was 18, and also that both their father and I have struggled hard all our lives because of not going to college.  For every "but you came out okay" there's the answer that it could have been so much easier to get here had we made different choices, and making the right choices is what it's all about, isn't it?


Thanks everyone for sharing - still reading, lol. sm
She has had her "permit" and has been driving with me (and siblings, lol) for a year now. I have let her drive as much as possible because I too feel like one poster said about the more experience the more comfortable and responsible. My sister got killed in a car wreck at 21 so my DD is very aware of how panicky I am about letting her drive and myself letting go more than anything I think. She has been an excellent driver (while I am in the car that is). We do live in a little country town so she would not be allowed to drive into the big city with major traffic for a long while by herself. She has driven there 2-3 times with me and on her first trip I allowed her to drive to town, someone rear-ended us!! I laugh now though because she didn't know what to do at all. We were at a stop (red light), the lady hit us about the same time the light turned green, and DD proceeded to go with the greenlight! I was like hmm, what are you doing? She didn't realize we had been hit as she was proceeding to go when we got hit. It's funny after the fact because no one was hurt, just minor fender bender, but at least it was a learning experience for her and was not her fault.

My SIL's mother owns a Mexican restaurant close to us and will work around her schedule to allow her to work when she can so she does have the capacity of getting a job if she can ever have time to work. She has helped there temporarily on holidays a few times already. I think she will have some time this summer though as cheer practice is usually over at noon and she will just have to save up to pay her bills.

I kind of feel I should cover her with how hard she is working at school and activities, but don't want to "spoil" my child and not make her appreciate it and not learn responsibility so I want to make her be responsible for something. Of course, her 16-yo friend got a brand new, off the show room floor Mazda RX7. That is parental ignorance in my opinion and aint happening for my kids even if I could afford it. I can tell you one night they didn't get home from a game until 11:30 p.m. on a school night and I was livid. She was up until 1 a.m. studying for her semester exam the next day!! She is very dedicated, but that is ridiculous. Our local community college gives the entire top 10 a full paid scholarship so that is why she is encouraged to make the top 10 and pushing really hard towards this goal. She is already taking some college classes at school (combo classes) including A&P as she wants to be ultrasound tech and that is a tough class.

I have checked into ins, which is out the roof, but they also deduct points based on good grades, etc. so I want to at least make her partially pay for this so she will be encouraged not to speed, keep the grades up, etc. and realize it will all save her money by doing so.

Good tip though to let her drive home and to school. That is one thing we don't do as it is so routine she doesn't ask then and I don't think about it. You are definitely right, that parking lot is crazy and makes me never want to let my son drive when I see those teenage boys spinning out in the parking lot. I'll start letting her do that. Thanks again everyone!!
Photo sharing
I use smugmug. There is a small yearly fee around $40), but I love the way it makes my pictures look and friends and family can order prints directly from my site. Check my page out at sharonwhaley.smugmug.com
Hooray for you for sharing with us
I am so glad that someone talks about accepting their childs sexuality. I know a few that I feel are gay but won't come out. I would love to tell them that I couldn't care less but don't know how to approach it. Think it is their decision to tell when ready. Should I just say nothing or do you have a suggestion?
Very cute...thanks for sharing...
nm
That is sweet. Thanks for sharing with us :-) nm

Scary! Thanks for sharing because
now I'm going to be on high alert. Thank God you caught it when you did! BTW, which company are you talking about that might have been an inside job? I'm hoping it's not one I have an account with! :0)
very cool ! Thanks for sharing. nm
x
Thanks for sharing that, I'm seeing it this week with sm
my mom, sisters, and sister-in-law.  I can't wait!!');>
Thanks for sharing your recipe!
That was really nice and thoughtful of you. I can't wait to try it.
Thank You for Sharing That Info
that's a pretty significant side effect! my 6yo son has very mild asthma and is only on very occasional advair/qvar, usually only if he's sick, but wow, i had no idea about the singulair. i can imagine how upsetting and scary that must have been. glad he's and you all are ok now :)
I love that! Thanks for sharing.
I have such a soft spot for elephants.
thank you for sharing your story. sm
my son seems to have low self esteem for some reason too. he hardly ever gets in trouble. he has always stated he hates going to school and thinks its boring. i had him tested at school in second or third grade for the gifted class. he missed by a few points. he's always been very smart and catches onto things very easily.
again, thanks for sharing your story. i've read a few stories about gifted kids being diagnosed with some anxiety and put on medicine. which they didn't need the medicine, they just needed to be with other kids like themselves.

Thank you for sharing the rest of
the story.  It just proves there are really decent people out there, but sometimes it is difficult to trust.  I am the same way.  I am so glad things worked out the way they did for you! 
I love it. Thanks for sharing! nm