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Is It Right To Let Your Spouse Know How Much You Earn - Family - Nairaland

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Is It Right To Let Your Spouse Know How Much You Earn by geeez: 10:43am On Mar 27, 2012
Its always a debate.

I'm very open and I discole all my earnings to my wife. I'm not sure women are like this and I wonder why?

I'm beginning to reconsider telling my spouse the details of my earnings. Can I get a witness?
Re: Is It Right To Let Your Spouse Know How Much You Earn by demmykay: 6:05pm On Mar 27, 2012
Its good u let ur spouse know exactly wat u earn. It helps in bringin unity nd peace into the home. If ur spouse(wife) knows ur income the fact is dat she will learn to live within ur income. She wouldnt go as far as asking u beyond ur income knowin fully well how much u earn, wat percentage goes to d house upkeep nd other bills dat needs to be settle. Talking frm experince it has actualy help in keepin my home. But fully enough most men tend to keep it a secret nd u find out dat d wife is unsatiable cos she tinks d hubby has enough on him and shd meet her needs/demand.
Re: Is It Right To Let Your Spouse Know How Much You Earn by queensmith: 10:50pm On Mar 27, 2012
How else is she going to know abt the finances? What is it with nigerian men and all the secrecy? Yes she should know everything about your life. Not knowing is wrong

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Re: Is It Right To Let Your Spouse Know How Much You Earn by chiteny(m): 9:45pm On Mar 28, 2012
Its good u let ur spouse know exactly wat u earn. It helps in bringin unity nd peace into the home. If ur spouse(wife) knows ur income the fact is dat she will learn to live within ur income. She wouldnt go as far as asking u beyond ur income knowin fully well how much u earn, wat percentage goes to d house upkeep nd other bills dat needs to be settle. Talking frm experince it has actualy help in keepin my home. But fully enough most men tend to keep it a secret nd u find out dat d wife is unsatiable cos she tinks d hubby has enough on him and shd meet her needs/deman.

Are you sure about that? Unless i understand that to mean that if she knows about how much you earn, her budget (for make-up, shopping, shoes etc) will be up to 90% of your income. And if your income increases, so will the amount she gets for her shoes, dress, etc increase as her budget is always 90% of your income. Anything short of this na big quarell and deprivation (of food and s[b]e[/b]x) for house.
Re: Is It Right To Let Your Spouse Know How Much You Earn by Dansadaumallam(m): 2:24pm On Mar 30, 2012
What on earth would I be hidindg my earnings for?There is no need b/c you and your wife are 1, it can't stop you from any lone venture you want to undertake. However if knowing my earnjngs become a reason for buying all the new cloths on board,changing from mary kay to amani then I will start concealing my earnings.
Let me point out here that when a woman is not working you may have problem when she knows your earnings b/c your earning is determines her income. If your wife is working there is a bit air of freedom.
Re: Is It Right To Let Your Spouse Know How Much You Earn by chiteny(m): 5:31pm On Mar 30, 2012
What on earth would I be hidindg my earnings for?[/b]There is no need b/c you and your wife are 1, it can't stop you from any lone venture you want to undertake. [b]However if knowing my earnjngs become a reason for buying all the new cloths on board,changing from mary kay to amani then I will start concealing my earnings.
Let me point out here that when a woman is not working you may have problem when she knows your earnings b/c your earning is determines her income. If your wife is working there is a bit air of freedom.

I guess you answered your first bolded question with the second bolded statement.

There are reasons people do this, and you have yours as stated above. But in any case, it all boils down to the attitude of your wife. If she is the type that will not cause problems or change her spending pattern or cant plan with you on appropiate spending because of the amount you earn, then i dont think it is wise to give full disclosure of your income.

Another way out is to have a separate joint account with her (separate from your salary/income account) into which an agreed sum of money between both of you would be paid into every month. Then let her do the managing of that account for all the family needs. From time to time a review depending on the family needs will be done on the amount you have to fund into the account. This could be done irrespective of whether she is a working class or not.

My 2cents
Re: Is It Right To Let Your Spouse Know How Much You Earn by Nobody: 10:12pm On Mar 30, 2012
In the ideal situation and an advisable one too, your wife should know how much you earn. She's supposed to be your next of kin and as the old cliche says, your better half. However if you married an olojukokoro who is selfish,greedy and short-sighted,it might pay you not to learn how much you earn otherwise na she go plan how to spend that money on frivolous things. That being said, the decision is best made before you guys marry, you must ask yourself if both of you are compatible, money spending wise or else!!! na wahala o. My wife and I are open about our finances, she has my account passwords and all, but one thing I am confident of is she makes good financial decisions and if i can close my eyes and sleep everyday beside her, eat food that she cooks ( confident say she no go stab me when I dey sleep or poison my food) then why can't I trust her with my money! Enough said.

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