Well, my Wifey's hobby is to spend money.
And my hobby is to make them.
It's interesting how the 2 of us never have big quarrels when it comes to money.
I'm sure you have heard of the popular gals saying.
"My hubby's money is my money. And my money is still my money."
Being the male chauvinist pig (MCP) that I am, there is no way I will hand the purse to my Wifey. Thus I hold the responsibilities of what to do with our combined savings.
My personal MCP philosophy has always been this.
"Man take charge of the BIG things, and the woman take care of the small things."
Actually, it's not that Wifey can't do big things. But rather, she id not interested to spend time doing finance and investment-related research. She rather do research on our next travel itinery, baking cakes and cookies, and surfing forum for things to shop. And those, are the smaller things in life.
I liked it when she ask me for permission to buy pricey purchases. It makes me feel very in control of our finances. I'm rational enough to determine what are needs and what are wants, which is important because Wifey think everything is a "need". Sigh.
Sometimes I reject her planned purchases, and she starts sulking for the rest of the day. It's a pretty smart tactical move on her end, because sometimes I let her have it her way just to stop her from sulking.
But then, there are also cases when I insist on not buying certain stuffs for her.
Price is what you pay. Value is what you get.
A few years ago, when I started playing the stock market, I made a little money. Being a noob, I started playing bigger and made all the noobish stocks mistakes. And I lost money amounting to 5-digit figures. And I had problem sleeping for 3 nights. I told Wifey of the amount that I lost, expecting her to nag or scold me, like most people's wifes. And her reply? She just said "ok", as if the money meant nothing to her.
In her view, she doesn't care about finances. She leaves me to manage it. It made me very relieved, and blessed to have such a Wifey who doesn't add oil to fire. That really helped me to direct effort to analyse how I should have played stocks differently. A year later, I recovered every single dollar that I lost, and started making some money.
Should Wifey have quarrelled with me over my losses, I might have just gave up on stocks and never made back what I lost.
Behind every successful man, there is a supportive Wifey.
Thank you for trusting me, Wifey.
Love you much much.