How to help a wasteful spouse spend wisely

cherry123

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• Jun 30, 2023

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if you have a spendthrift as a spouse, how would help the person to change as this habit will not help the family

 

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Etini Willie

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• Jun 30, 2023

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You can help that spouse to manage things constantly reminding him that what he's doing will not help the family and then you keep advising all in Love

 

cherry123

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Etini Willie said:

You can help that spouse to manage things constantly reminding him that what he's doing will not help the family and then you keep advising all in Love

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it is good to advise in love

 

Hate2Wait

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Its very hard but we need to make them realize the value of money

 

cherry123

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Yes it is to point them to the right direction and why they need to be prudent

 

Hate2Wait

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Its easier said then done LOL because the spouse may believe that we are trying to dictate our terms

 

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Springtime

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I think you can work with him/her to prepare a budget for the family. Review the budget with him/her from time to time. Then s(he) will get used to spend money cautiously.

 

nomad

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Just let her work and make money and ask her to manage household expenses. When people start making money only then they will understand the true value of money.

 

eldavis

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I think it would be best to tackle this habit before getting married. In a situation like this, I would try to teach them how to spend wisely, but it will definitely take time.

 

Shavkat

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You can just rehabilitate him or her. If it did not work out, he or she will not change.

 

Starmix

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You need to talk and convince your spouse not to waste money. Tell your spouse to split the money so you can budget yours and he, his.

 

Shavkat

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Starmix said:

You need to talk and convince your spouse not to waste money. Tell your spouse to split the money so you can budget yours and he, his.

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I like that idea. I do think that plotting budget plan together will work. It is a matter of committment and take responsibilities seriously.

 

freelancermaria

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It is essential to educate your partner about managing finances wisely. Instead of sharing everything right away, it is better to wait until they exemplify financial responsibility. Teach them how to budget, save, and invest wisely before sharing everything if you want to.