"At the beginning of the month, me and my husband go through my spreadsheets. But then halfway through the month, my husband kind of goes through a lull, and he starts wanting to spend money. He starts looking at his phone. He wants stuff for his hobbies. He's very much into guns and motorcycles."
"What we have to do is change the way this is being built. I'm gonna take you off of spreadsheets because he doesn't do spreadsheet. He doesn't speak spreadsheet."
"When only one partner builds the budget, the other may not have an emotional stake in it. The budget is something that happens to the spender, not something they chose."
"I feel like the spending is his stress relief. It is a coping mechanism triggered by a draining job, a long commute, and a couch and a phone at the end of it."
Ella manages the family's finances while her husband struggles to stick to the budget. He often spends impulsively mid-month, seeking stress relief from his demanding job. Host Dave Ramsey suggests that the couple should use a shared budgeting app to foster joint ownership of their financial plan. This approach aims to ensure both partners feel equally invested in the budget, preventing it from becoming a source of stress and conflict.
Read at 24/7 Wall St.
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