Would you declare your funds to your spouse?

Mar 04, 2010

WHERE is it written that the only way to make a marriage work is to share common fortunes? Why do people think a married couple cannot lead individual lives and still support each other as well as be committed to the marriage?

Anita, a blogger
WHERE is it written that the only way to make a marriage work is to share common fortunes? Why do people think a married couple cannot lead individual lives and still support each other as well as be committed to the marriage?

I enjoy my high self-esteem, self-worth and self-reliance that I get from taking care of myself, as does my darling husband. We are one, but think individually.

Priscilla, a hotelier
This is something I had ignored until I got some financial literacy last year. I know how much he earns and his other sources of income. I also know when he gets a promotion and pay rise, but I am not aware of his financial commitments. Whatever the case, as long as he meets the needs of the family, I cannot complain.

However, I cannot tell him everything about my finances because he may want us to share the financial responsibilities, yet he keeps reminding me that he is the man. This, therefore, implies that he should provide everything at home.

I come from a poor family which needs my support. I contribute to my siblings’ school fees among other needs. He paid bride price, therefore does not expect me to channel money back home.

I only declare my earnings during times when I do not have enough to sustain me and might need his help.

Monica, a hairstylist/housewife
My grandmother told me when I was young that men cannot be trusted and that you should always have some money hidden away. Even though I have been married to my husband for over 30 years, I still have my secret account. This money would bail me out in case he left me for aother woman, or if I left.

Alfred, a banker
My wife knows how much I earn but does not know about my investments. Marriage is also a business. If she knew about my other deals that bring in money, I would not handle her demands. This means all her siblings would move in, since I am already struggling with them.

For this reason, I opened a secret bank account. She knows about one account and even knows the PIN number for my ATM. I usually send her to withdraw money so that when I tell her I am broke, she can confirm by checking my account.

Bonny, a mechanic
Women are more secretive about their money than men. They also think men lie about their earnings. You could leave for work together with your wife, but she still expects you to foot every bill in the house. The next thing you know, she has houses she lets out. Women!

Sula, a civil servant
My wife earns a salary, but I have never known how much she earns. Not that I am not interested in knowing, but every time I bring it up, she dodges the topic and says she is broke. In fact, she is broke all year round. I even provide for her hair and pay her transport fare. Every time I talk about her job, it is like I have opened a can of worms, yet she wants to know how much money I have in my wallet.

Compiled by Irene Nabusoba


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