Post by violet on Sept 5, 2006 8:47:26 GMT 10
We have our money set up so that dh gets an allowance plus money to pay for the house and health insurance, I get the housekeeping to cover bills, food, car expenses for the boys and I - basically the running of the household. Then a large chunk is directed straight into a savings account.
Now in my mind, that savings account is to cover emergency costs too, but dh still gets this pained look when I suggest it, so I really must set up another account and seperate the two.
We've found the best way to save is to split dh's pay up BEFORE anyone can get their hands on it, lol, and put savings money in an ING direct account so that it's out of sight and out of mind.
Apparently, we're in the minority. Personal debt in Australia has risen to record levels, including housing debt, and savings are incredibly low. Is this because people simply don't save money for the sake of saving any more, or is it because everyone has shares/stocks instead these days, I wonder?
Now in my mind, that savings account is to cover emergency costs too, but dh still gets this pained look when I suggest it, so I really must set up another account and seperate the two.
We've found the best way to save is to split dh's pay up BEFORE anyone can get their hands on it, lol, and put savings money in an ING direct account so that it's out of sight and out of mind.
Apparently, we're in the minority. Personal debt in Australia has risen to record levels, including housing debt, and savings are incredibly low. Is this because people simply don't save money for the sake of saving any more, or is it because everyone has shares/stocks instead these days, I wonder?
