QUOTE(cc980024 @ May 13 2015, 04:16 PM)
I think you get me wrong. We put our salaries together as a pool and allocate the budget accordingly. The household pool includes everything. Did I ever mention how much % allocated to each of those?
Our houseloan alone is just 10% from the total amount we contributed into this monthly household pool. No car loan as hubby is on company car while mine is paid off.
As for investment, we never get into anything risky as financial security is key concern. Those investment I meant are education fund and retirement plan with return more than FD (objectives is to lock up the $ consistently), apart from the usual savings we must have.
Those are the needs apart of showering love to the kids and putting food on the table.
But right after the company finish paying me the outstanding 4-months salary (thought I did not spend much on it as we tried to survive under hubby's salary), there were feelings of insecurity as solely rely on hubby is truly a risk. And no savings for any contingency. Our houseloan alone is just 10% from the total amount we contributed into this monthly household pool. No car loan as hubby is on company car while mine is paid off.
As for investment, we never get into anything risky as financial security is key concern. Those investment I meant are education fund and retirement plan with return more than FD (objectives is to lock up the $ consistently), apart from the usual savings we must have.
Those are the needs apart of showering love to the kids and putting food on the table.
By looking at this, you are not that good already.
If your hubby's income are really can cover everything, you won't have such reply.