Balanced the checking account....

iVillage Member
Registered: 04-06-2003
Balanced the checking account....
3
Sun, 07-05-2009 - 9:28am

Which was very disappointing.

iVillage Member
Registered: 05-21-2003
Sun, 07-05-2009 - 10:42am

I do want to figure out a way to stop DH's spending on the debit.

Kelly



iVillage Member
Registered: 04-06-2003
Sun, 07-05-2009 - 11:11am

Kelly, YES!


He is thinking since he is making more now (he is a GF rather than just a journeyman) that the difference in pay (um, $3/hr?) is covering his parking and his $8/day meals.

iVillage Member
Registered: 04-03-2003
Mon, 07-06-2009 - 10:14am

How about just figuring (together) what IS doable with the 'extra' money and then use an envelope system - he can spend the money in the envelope whenever, however but when it's gone, that's it.

Consider priorities too - if the money is coming from 'entertainment' or from the household grocery budget in order to fund his $8/day in meals ($40/week!) is it worth it to him? Or, would he be willing to brown bag two days a week in order to see a movie in the theater on occasion?

Among other things, you might want to sit down with him and his old paychecks and his new paychecks and look at things like differences in withholding (federal, state, local) - often a very modest increase in gross pay can pop you over into another tax bracket which means more withholding is coming out and you end up with the same (or even less!) take home. Sometimes that just doesn't register until you sit down and look at the check amounts (and it sounds like he doesn't see it).

--Deb R