Tuesday, September 14, 2010

Yours? Mine? Ours?

Hypothetical:

You are married with children. You have been working to pay down your household debt. You each get an "allowance" (blow money, if you will) of $200, weekly. With about $3,000 remaining on the debt, your spouse decides to purchase a customization kit for his pickup truck. He has been saving his blow money over time (cutting back on eating out, and driving his commuter car) and has enough to purchase the customization kit with cash. You balk at the idea, saying the $3,000 should go towards paying off the rest of the debt and that he shouldn't use it to buy "toys". He claims it is *his* blow money, *he* saved it, and *he* can do whatever he likes with it.

Go.

3 comments:

  1. It's his blow money. If he's saved it and it isn't affecting the monthly outgo (by creating mroe debt) then it's his choice. However, any extra charges on the kit will be his to pay from his allowance as well. And with men's toys there are always extra charges.

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  2. I totally agree with him! We did the same exact thing here. Chris saved up his blow money for several months and bought a car!

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  3. Totally fine! She may be grumpy b/c she couldn't/wouldn't save hers, if she does things like spend it on kids' essentials and all he has to cover is his "fun" stuff, but it's still reasonable for him to save his up for something he really wanted instead of using it on other stuff.

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