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How much spending money do the adults in your house get? - Page 2

post #21 of 41
We each get $40 a paycheck. (twice a month) Its blow money, for things we want but dont need. If hubby wants to buy ammo and spend $15 to shoot that ammo, its his blow money. If I want pretty clothes I dont need or a new dvd its blow money. We budgget for clothes twice a year the rest of the time we just take it out of the general budget.
post #22 of 41
DH and I have a monthly discussion about how much we are going to spend in the next month on both the essential stuff and more fluffy stuff. I am more focused on living within those limits than I am on who spend exactly what on what. I know some months one person might account for a dispoportionate amount of the "fun money" but other months it might be someone else.
post #23 of 41
nothing. we do have hobbies/frivilous expenditures, but those are, for the most part, joint or at least cleared with the other partner.
post #24 of 41
We don't have a budgeted amount for individual spending money. We both have a debit card linked to our checking account, and just buy things that we want/need as they come up.
post #25 of 41
Personally I try for $100/week or $200 cash taken out on pay day.

This "should" cover clothing for me and DD, haircuts for me, extraneous stuff for the house, including organizing things, all of my lunches out, gifts, yarn, fabric including for costumes, paint supplies, home improvement stuff. Basically anything that isn't a recurring budget item. Mortgage, groceries, utilities, milk (we get it delivered), magazine subs (one for him, one for me) come out of the big budget. I always put gas on a CC so I can use pay-at-the pump.

Sometimes, if we have a big month, we'll take some of those items out of the larger budget - like clothing for DD. Sometimes, I just need more money. Today I took out $40 extra - $20 for diapers and $20 for yarn I ordered some months ago. The diapers are extra because I like a kind that can only be bought at Target. Otherwise DH would by them with the grocery budget.

Dh does the grocery shopping and he buys plenty of stuff for just one of us - for example, soda for him or protein bars for me.
post #26 of 41
Nothing. DH ends up spending maybe $10/month on alcohol though... and I spend maybe $5-10 a month on outings etc. with DS with my mom's group. We don't get our hair done or buy coffee or anything but occasionally (maybe once every month or two) we go out to eat as a family & spend about $20. So I'd estimate we spend $15/month each for things like that.

This is a good concept though -- I am a bit of a hoarder when it comes to money and even spending that $5 on a hayride with DS with the mom's group seems... frivilous to me. Everything goes in savings. I need to let my hair down a bit with that and I think a system like this could be cool... Neither of us have bought clothes or hobby-related items or anything in years...
post #27 of 41
Unless you have serious debt to pay down or are living on the razor's edge of financial ruin, I think that being unwilling to spend $5 on just plain fun, ever, can really ruin your quality of life. Frivolous is good! We all need a little frivolity -- it doesn't have to involve money, but if if sometimes does, I think that's money well spent.
post #28 of 41
Yes I know. I gotta get that through my head. You'd think I grew up in the Depression or something, I'm THAT bad with spending.
post #29 of 41
Its just me and DD so I don't have "blow money" I budget in money for clothes, eating out, going out and then misc stuff like stuff for DD, or the dog/cat, gifts, random stuff here and there. I think its important to have money set aside for fun or splurges or else you will just end up blowing your budget at some point.. or at least thats what i would do!!
post #30 of 41
We don't have any set limits. Usually we talk to each other for any single item that is a large amount (maybe over $100?). But a couple times a year I'll go out and buy clothes for $300 or $400 without explictily stating an amount first. As long as we are meeting our current savings goals and paying off all our bills each month (which we are doing) we don't have any hard and fast rules for each other regarding discretionary spending.
post #31 of 41
We get 20 dollars / month for our own spending money. But, we are living in China so it goes a bit farther than it would in the U.S. and we really can't set aside any more than that because we are desperately working on paying down our debts.
post #32 of 41
Quote:
Originally Posted by Ellien C View Post
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This "should" cover clothing for me and DD, haircuts for me, extraneous stuff for the house, including organizing things, all of my lunches out, gifts, yarn, fabric including for costumes, paint supplies, home improvement stuff. Basically anything that isn't a recurring budget item.
This seems to be the difference between those who have "blow money" and those who don't specifically.
I actually do have budget categories for household/home improvement, gifts, entertainment, eating out...
Our spending money has its own budget category called "allowance". So yeah, we don't just pay bills, do some saving, then spend the rest on everything else. We follow the "give every dollar a job" budgeting style.
post #33 of 41
Thread Starter 
OP here -- I should add that DH plays music on the side and any equipment he "needs" gets taken out of his budget. He does not save up for anything -- I don't think he's capable of it, really. And he doesn't get fast food much anymore now that he's gluten-free, so I try to have leftovers for him to take to work for lunch. I know he'd like to buy CDs and go to the occasional show, but honestly, I can't see how he can't do that on $30 a week. I know gluten-free beer and wine are pricey, but still. Maybe because I don't really drink I don't understand.

We follow the Mary Hunt "Freedom Account" idea to cover expense that are not regular, so clothes, gifts, home improvements, postage stamps, etc. are all covered as well. Like the previous poster, every dollar has a home.

I think my mistake was making the amount $50 a week at first (long, long ago) and then changing it to $30. Money IS tight or I wouldn't begrudge him a bit more. I mean, we could afford it, technically, but we have hardly anything in savings and have a huge mortgage. I personally think getting a handle on those things (plus saving up to replace our 11- and 12-year old cars when they go, plus insulating the house, etc.) is more important.

I don't mean to say that DH is constantly complaining or anything. He's really very supportive of how I handle our money. I guess I *do* feel a little guilty knowing he's not entirely happy with the amount of money he gets each week.
post #34 of 41
Quote:
Originally Posted by New Mama View Post
OP here -- I should add that DH plays music on the side and any equipment he "needs" gets taken out of his budget. He does not save up for anything -- I don't think he's capable of it, really. And he doesn't get fast food much anymore now that he's gluten-free, so I try to have leftovers for him to take to work for lunch. I know he'd like to buy CDs and go to the occasional show, but honestly, I can't see how he can't do that on $30 a week. I know gluten-free beer and wine are pricey, but still. Maybe because I don't really drink I don't understand.

We follow the Mary Hunt "Freedom Account" idea to cover expense that are not regular, so clothes, gifts, home improvements, postage stamps, etc. are all covered as well. Like the previous poster, every dollar has a home.

I think my mistake was making the amount $50 a week at first (long, long ago) and then changing it to $30. Money IS tight or I wouldn't begrudge him a bit more. I mean, we could afford it, technically, but we have hardly anything in savings and have a huge mortgage. I personally think getting a handle on those things (plus saving up to replace our 11- and 12-year old cars when they go, plus insulating the house, etc.) is more important.

I don't mean to say that DH is constantly complaining or anything. He's really very supportive of how I handle our money. I guess I *do* feel a little guilty knowing he's not entirely happy with the amount of money he gets each week.
Maybe he just needs some budgeting help? I don't know, my DH is clueless when it comes to managing money but I've been trying to help him out, don't know if your DH is the same. What if you changed it up a bit and he got, say, $15 for alcohol and $20 for other stuff? Only $5 more out of your budget but might help him feel he has more wiggle room? And I guess I feel if he wants to spend so much money on beer (which I will never understand lol), that's his choice, so why feel bad that he can't get CD's... but if he doesn't quite grasp that he could manage his money differently, then maybe adjusting things a bit and adding an extra category or two could help?
post #35 of 41
Since its just me and DS I have our budget set up a bit different. DS is 10 but he gets $ put in his account every month as well for spending. ($15). I get $30. This is our spending money. DS usually saves his for a large Lego set and I use mine for an outing. This month I was able to 'groupon' tickets for a pumpkin patch $7 for the both of us, I will use a coupon to the botanical garden $10 for the both of us and the remaining $13 will go toward November.

*When it comes to money DS is counted as an adult. DS has a prepaid bank card that he can use to make purchases etc.
post #36 of 41
dh doesn't have a budget, he gets money when he wants it, and that is fairly often these days. He goes out with friends at least 1x a week, plus he eats out 3x a week at work, I imagine it is 50$ a week easy. Me I don't get a weekly amount either, I just buy something when i want or need it, like a random book maybe a few times a year, but I am the more frugal one in the relationship and don't like to spend money on unnecessary things like fashion accessories or even hobbies or going out, dh wouldn't care, but I do, so that is just how it is here.
post #37 of 41
Right now we give ourselves about $40 each per week. He spends his mostly on movies and I spend mine mostly on comic books or cheesecake lol
post #38 of 41




Edited by Mulvah - 10/16/11 at 4:36pm
post #39 of 41
$0 for us but every now and then we will spend $5-$10 on a little treat. For me it is Starbucks and for him it is Del Taco with a friend. I would say about $40 total for the month. We always discuss this with each other the day we decide to get a little something. Eventually we will have a higher set amount, probably $20 a week per person.
post #40 of 41
20$ per month for each of us. We are in the "allocate every dollar" camp. I don't usually spend my 20$, or if I do it goes into the grocery or family-eating-out envelope instead.
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