We’re all individuals with individual preferences. Some of us like coffee some don’t. Some like tea but only herbal — and on and on it goes. It only makes sense that we also differ in the way we like to spend our money.

“My wife thinks we should be giving thousands of dollars a year to her family. I don’t mind helping out a little but we’ve worked hard for our money — why can’t we use it to add on to our house or take nicer vacations? She knows how I feel but she keeps writing those checks and handing over cash whenever she thinks I’m not looking.”

Money Management

Hashem sends money into a household in many different ways. Sometimes it’s channeled through a single breadwinner sometimes by two working spouses. Sometimes it’s supplemented by inheritance or community funds. However it arrives money must always be allocated for various purposes.

In some marriages the wife manages the money while in others the husband takes on this task. In yet others husband and wife work collaboratively on their financial management or the husband manages certain parts of the budget while the wife manages others. Any system can work provided it is working! Usually it helps to explicitly create a money-management system as opposed to simply making assumptions about who will be doing what.