Last week I read a tweet asking if a man was meant to foot all the bills for the home when the lady is also working and earning an income. What would the lady do with her money if the guys spends his on the home, he asked. Wasn’t it unfair to expect one party to bear the entire burden of the bills? What about being a helper? Helping with the money aspect?
The tweet made me think about the role of money in marriage. Communication, sex and money are said to be the biggest issues marriage maintenance. And money is said to involved in over 70% of family riffs.
Different models for family finance have been proposed and used in modern homes. They include:
The Not-A-Dime school who believes a man should provide everything including matches, salt and safety-pins.
The 50-50 group that advocates for bill sharing and equal contributions.
The Keep-Your-Money group where the woman will fund the entire family expense with the man doing little or nothing.
The Man-Provides-I-Support group let’s the man take responsibility for large bills like rent, fees, feeding etc while chipping in to provide extras and to tide the family over if the man runs into a rough spot.
What is your preferred model? Which has worked for you or your parents, siblings etc.? Please share below.