Find me on

Twitter Facebook Technorati Reddit Stumbleupon Pinterest RSS Blogger

Tuesday, 6 March 2012

After children - changing financial priorities affecting your relationship?

I am taking part in Womens Money Week and the topic today is 'relationships and money'.  I am going to write a little about how my husband and I handle money issues within our relationship and how the inspiration behind my blog Eco Thrifty Living is impacting upon that.


We have always been pretty sensible with money and because of that we have rarely argued about it.  We both have steady jobs and have done throughout our relationship.  Right from the word go, we set a budget for joint and personal expenditure, set up a joint account where we could pool most of our money and made sure that we put aside some money each month into savings.   We have savings for short term items and long term items and have fall back plans in case of redundancy or emergency.  So far we have been lucky that we have never had to worry about where the next paycheque is coming from..

Since having my second child my priorities have changed and I am now prepared to make massive cutbacks in order to be able to quit my current job and become a work at home mum.  I want to be there for my kids every day after school and spend my days baking, sewing, making things, growing my own fruit and vegetables and writing about it on my blog into the bargain.  I want to work out what things are genuinely worth spending money on and which aren't and I want to take the environment into consideration when making purchases and living my daily life.  I know that doing these things will make me truly happy and I don't feel the need beyond the basics to spend huge amounts of money on anything.  I love the creativity that being thrifty brings out in me and I love being able to write about it.

My husbands priorities haven't changed however.  He likes the life we currently lead and is perfectly happy with our steady income and lack of stress over money.  He feels that if I wasn't bringing in a regular salaried income it would place a lot of stress on him being the sole breadwinner.  I can understand that, I really can and I have no desire to cause him unecessary stress, so we have to come to a compromise which works for both of us.  Something which we are still working on!

What are your experiences of living with just one regular income and how has it affected your relationship?  I would love to hear your comments.

I hope you enjoyed reading this.  If you liked this post, I would really appreciate it if you click like on Facebook and follow on Twitter. Also if you have a Kindle it would really make my day if you subscribe to this blog on it! - Thanks!

Disclaimer: This is not a sponsored post.  The picture was taken from Amazon Associates.

Please share this page

Twitter Facebook Reddit Stumbleupon Google+ Pinterest
Comments
5 Comments

5 comments:

Anonymous said...

Channel 4 have a very good programme helping you make the most of saving www.channel4.com/superscrimpers

Becky Goddard-Hill said...

we managed this but it is tough however I have hoonestly never regretted it for a minute. Your kids soon flee the nest!

Eco Thrifty Living said...

Thanks for the tip anonymous and for the inspiration Becky! Loving your site www.babybudgeting.co.uk!

eemusings said...

Oooh. We were reduced to one (student) income in 2009 when I was in my last year of uni and T was laid off (thankfully eventually he managed to get some unemployment benefits so that we could keep our heads above water. Not good times at all. I prefer not thinking about that year at all.

I'd love to have the option for one of us to stay home when we have kids. Ideally we'd live off one income and save the other (which I suppose we're almost doing as I save nearly half my income, and T saves a bit of his - and he makes a little more than half of what I earn at the mo).

Eco Thrifty Living said...

Sounds like you have a good plan in place already eemusings!

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Blogs I like

Brighter Planet 350 Challenge

Brighter Planet's 350 Challenge

Mumsnet

mumsnet

Green Maven

The Big Eco Directory

All Dishes

Top Food Blogs

Blogaholic Social Network

Blogtopsites

Blog Nation

Personal Finance Blogs
Related Posts Plugin for WordPress, Blogger...

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | fantastic sams coupons