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How much pocket money to give wife ?

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    #21
    The System

    In answer to the question about who keeps joint accounts and who doesn't, I developed what I consider to be a very fair system for our joint finances;

    We total up our joint expenses, basically anything which we share equally, including a sum for joint savings. Then we calculate a proportionate payment of this total based on salary. At the time this was developed by adding our two salaries together we derived a 60/40 split. That is I earn 60% of our total income and therefore pay 60% of our expenses total. Anything left over stays in our seperate accounts.

    The thing is now that my wife just gave birth and I just started a contract position which changes the above equation considerably. Even though my wife is getting maternity pay, I think there is a very good chance that she will want to stay home for some time after her full maternity pay runs out. A decision which I support. Hence, this system is very likely to change.

    Whilst we were using the system we both found it very effective.

    Comment


      #22
      Originally posted by tacpot
      Work out the family budget, agree with your wife what is non-discretionary spending, e.g. Mortgage, Utility Bills, Cost of food you eat together, your travel to work, Pension contributions, etc. Divide what remains in two; half for you, half for her. Each party can then spend (or save) as you want to and is free to make sacrifices to have the money spend on (extra)beer/shoes.

      But why are you letting her give up work?!
      That is very harsh man !, She will be sitting at home all day with the kid. Remember I have got to go out there and work, stress and then change jobs every now and then. At the moment things are not going so rosey btw us and I wont be supprised if she gives me a red card !.

      Cant seem to concentrate at work.

      any one know a good marriage problems website ?

      css_jay99

      Comment


        #23
        Originally posted by css_jay99
        any one know a good marriage problems website ?
        http://www.punternet.com/

        Comment


          #24
          Originally posted by css_jay99
          any one know a good marriage problems website ?
          http://forums.contractoruk.com is pretty good. Always received good, honest advice there...
          Illegitimus non carborundum est!

          Comment


            #25
            The wife and I have a joint account and we're allocated a yearly "slush" fund that we can spend on anything at any time. Works out well. Any indulgences are deducted from the fund such as clothes, shoes, toys, etc. As long as she’s doing the bulk of the chores while not working then why quibble over small things? If you don’t trust your wife with a joint account then you’re either filthy rich or shouldn’t be married.

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              #26
              ahh well it does not matter now.

              the wife has given me a red ticket , allways thinking the grass is greener somewhere else.
              Why dont women appreciate when theirr husbands go to long lenghts to make a better life for them. could have settled into permie land but i chose contracting for a secure future !

              ITS A VERY SAD DAY FOR ME !. GOD its difficult trying to do coding at the same time. i could really do with a good night out to forget my problems.

              I am in in the portsmouth area. Anyone care for a drink/2?

              css_jay99

              Comment


                #27
                Originally posted by css_jay99
                I am in in the portsmouth area. Anyone care for a drink/2?
                css_jay99
                I'm in Hedge End so just down the road, but I won't get back until 10pm tonight. Maybe Tiger Tiger on Friday night?
                Illegitimus non carborundum est!

                Comment


                  #28
                  Originally posted by css_jay99
                  ahh well it does not matter now.

                  the wife has given me a red ticket
                  Is that an euphemism for "dumped you"?

                  You didn't say "well, I asked a load of contractors on a public BB and they said..."
                  If you think my attitude stinks, you should smell my fingers.

                  Comment


                    #29
                    Do you want to swap with my missus? She's high maintenance, but not fussy?
                    Illegitimus non carborundum est!

                    Comment


                      #30
                      Originally posted by Flubster
                      Do you want to swap with my missus? She's high maintenance, but not fussy?
                      Pictures?

                      See you, you ****. I'll cut you first...

                      Comment

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