Teaching your spouse….about life

Teaching your spouse….about life

Now that is a misleading title.. but yet not.

In a marriage there seems to be just one of you, who does all the bill paying.. starts the loans, puts in for mortgage information. And the rest of the financial part of your marriage life.   A lot of men do it, so they don’t have to have their wives worry..  The wife takes care of the house hold… and the man takes care of the finances.  It is a nice system over all.. but it can have its down side.

Each side should teach the other side how to do their responsibilities.  How many wives who have been thunder struck when their husband has died?   Having no clue what to do. What they owe, when the payments are due?  How to refinance if they have to?  How much do you know about your family finances? 

In my life.. and with me turning 80 this year.. I have had the King sit down with me and do the monthly bills.  How I have it set up. What bills are automatically paid by the bank.   I have a book, that is set up with the month, and the list of bills going down the page.. This the check and amount I paid for that bill for the month… so that way we can know which got paid.. and which ones are still due for the month.  Also if for some reason a company says a bill was not paid.. there I have the information.. find the paper work for it. And show them, it was in fact paid. By what check and what day.   He knows where to look for those monthly bills….He also knows how the check book it set up to get these bills paid..  He also knows there is a page for those for quarterly, semi and annually bills.. like house taxes, house insurance..  vehicle registration, vehicle insurances  and etc.

So he will know which are paid and which are not.. and to make sure they will be paid, as it also tells when they are due. 

So how about your household?   Do know all that information?  Or are you the one who takes care of it?  Does your spouse know the information, in case you can’t?   Does your spouse know where the life insurances policies are?   Do they know the health insurance information is, in case you go into the hospital?  

We really need to trust each other enough to have both be able to take over the chore, just in case….

Oh, yea, it is just important for your husband to know how to run the washing machine, dryer and oven.. dish washer, and what to use with each one.. and not use with it.. lol