In my first marriage
I handled all the finances. My ex husband didn’t want to have anything to
do with it. It was frustrating to try and move money around to different
areas to pay for things that were not expected. I didn’t have a budget
per se and found myself in quite a bit of debt after the divorce.
After being in charge
of the finances in my first marriage, I completely washed my hands of it in my
second marriage. I had no problem letting my husband control the money
and if I wanted to buy something I would. I expected that no matter how
much money he or I spent, we would have the money that we needed because our
paychecks were larger. He would talk to me about being more careful with
our money and I couldn’t understand why. We made so much more, how could
we be running out of money. He didn’t have a budget and we again ended up
in a lot of debt.
Here is my point to
all married people or anyone thinking about getting married. HAVE A
BUDGET!!! Whether you are savers or spenders, or one of each, make sure
that you have a budget. Not having a budget, whether I was in charge or
my husband led us to debt, and a lot more debt than we realized.
I was required to put
together a budget for a class. Just sitting down and looking at the
numbers, changing a few things and sticking within a budget completely changed
our financial situation. We went from a crazy about of debt to quite a
bit of money in savings.
The stress that my
husband was under as he saw our monthly debt continue to increase and trying to
move money from one area to another was something I knew all too well from my
first marriage. Marriage is hard enough without having to dig yourself
out of a hole of debt. Not having the money for something that you need
or for something your children need is not a good feeling either.
I may have a
love/hate relationship with our budget. Only having a certain amount of
money for different items can be frustrating and can leave you with a sense of
feeling like you never have enough money. But seeing your savings account
grow, knowing that in case of an emergency you have money to take care of it,
and being able to have money set aside for vacations, holidays, birthdays is
priceless. I hate having to stay on top of our money, but love the sense
of peace it brings knowing that if we truly need something – the money is
there.