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How do you budget as a couple? (self.personalfinance)

submitted 1 week ago by heydamianc to c/[email protected]

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I'm curious how you budget as a couple or budget with family. Does one person take the lead and it's their duty? Are you equal participants? Does each person leverage their strengths?

What works for you?

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[–] heydamianc 1 points 1 week ago (1 children)

Since you're more knowledgeable, does your partner try to cat h up. Or are they more hands off and just trust your decisions?

Or rooms are reversed where my wife is more knowledgeable, but it's a regular discussion for us. And with the regularity, I'm catching up.

[–] [email protected] 1 points 3 days ago

My spouse doesn't really care and trusts me. We've been together for almost two decades, and they know I'm a meticulous cheapskate who has never missed a payment.

I track our net worth monthly and update them at that point, but have to force the issue. I'm their financial advisor/family office in their eyes.