Recently I read an article where the lady is a wife of a person who is a millionaire. Her story is very disheartening. Before marriage when the couple were dating the guy ensured that the bill was split equally each and every time when they went out. He ensured that she paid him the money inspite of him being rich. He always chose cheap places so that they could spend less money. She ignored the red flags before marriage. But even after marriage he ensured that all the bills were split equally among both including groceries and hospital bills. And even after kids the same thing continued. The money the husband was earning was no where comparable to that of wife. She mentioned that he never gifted her anything even for birthdays, anniversary or Christmas. That person never helped anyone even in need including his siblings and other family members and close friends. The husband not only controlled his money but even his wife’s money. Wife got really frustrated and asked him for this behaviour. His reply was always that , “Saving money is essential for rough times” There are many such husbands who are very stingy and misers, but isn’t there a limit on how much to save and how much to spend? How fair it is for the husband to control his wife’s money inspite of he earning millions together? Is it ok for one partner to control his partner even if he/she is balancing spending and saving the money? I feel that saving money is very much essential , but doesnt mean that you should not enjoy every now and then. Anything too much is too bad!
We know a family where the woman unilaterally quit work to be a stay-at-home-mom to their daughter. Went back to work after maternity leave, worked till her parents were in the U.S. to help, and quit when they left. When daughter turned 3 and then 5 and often after that, husband kept suggesting that she go back to work. She did not. She was totally into child's school, activities and life was planned around the child's needs. Paid ridiculously high rent to live in a good school district. Ridiculous means really really high rent. Meanwhile, most of their friends had mortgages that were lower than this family's rent. Even after daughter entered high school, and then went on to graduate from an expensive private college, the woman refused to go back to work or earn money by tutoring, starting own business and so on. The woman maintained that they could afford her not working. Man felt they could do better if she went back to work at least after child was going to school 6-7 hours a day. How much to save, how much to spend, and how to bring up children -- if there is some level of agreement, great. If not, life becomes very miserable. Reaching middle ground and enforcing that reached middle ground can be draining.
True there should be an agreement regarding it even if it’s for children. Else it conflicts both of them
It is the woman's fault. When she could see his behavior while dating, she should have realized that he will continue the same after marriage. A person's nature will never change, they are what they are. And it is not unusual behavior. Most men want control. Unfortunately, parents and parents-in-law too want control. A rich person needn't be generous.
Differing attitudes about spending is one of the more common causes of divorce. Couples should discuss money before committing to marriage. .
She clearly ignored a big red flag. One person controlling money is never ok. Even if the other person is a complete illiterate, both should discuss and make finance decisions so smooth marriage is ensured.