The best advice I received concerning a budget is to assign an allowance for both husband and wife. We would have saved ourselves a lot of fussing in the early years of our marriage if we had followed this advice.
I've allowed $40 a month in the budget for each of us. We both love having an allowance because:
- An allowance allows us to buy something special.
- An allowance helps us not feel deprived from a restrictive budget. (we're spoiled Americans!)
- We can save our allowance for bigger purchases that could not otherwise be afforded.
This past week I spent my $20 allowance on a haircut. I've been cutting my own hair and imposing on friends and family to give it a whack for nearly 2 years. It was long overdue for an even trim. I've also used my allowance to spend extra on the grands birthday gifts, purchase new clothing and a 'girls day out'.
An allowance cuts down on the temptation to argue over money. When one spouse thinks a decision to spend money in a certain area cannot be afforded then an allowance could be used.
An allowance is not just for kids! :-)
I'm thankful for my allowance!