I understand your feelings, I feel this way too except mine is parents-son relationship than husband-wife, granted the latter relationship will come soon...
My parents dont invest and their investments are puny (2-3% FD compared to mine 8-10%)...if I give them say RM1k a month, that opportunity cost is lost since I can generate more with my investments than my parents FD, and I dont entertain the idea that just because im a son I need to give mandatorily...I did say if they ever need money, dont hesitate to reach out to me...
-------
Questions and potential solutions for TS:
1) Do your wife knows what you can do with the 5k? Reason with her, tell her the 5k / month could be put into investments to generate more money..Maybe she has no concept of opportunity cost and compounding interest..
2) What is the intention of your wife wanting a 5k? She wants to invest? Or spend on materialistic goods? Give her a supplementary credit card instead with 5k limit...If she simply spend, deactivate the supplementary credit card... If she wants to invest, ask her what she investing in what returns she expecting?
3) What is the reason for the 5k a month as a figure? Why not 1k? or 2k? Just because you're her husband? Just because you earn more? That's an argument I disagree too..Money are meant to be shared..perhaps a joint account so both of you can use the money in the acc..
4) Whats her role in the family that she's asking for 5k? What she does with her own money?
---------
I've seen far too many similar scenarios like TS, and I can tell you it doesn't end well...either you start feeling contempt, your wife start to stonewall, criticism or defensiveness.. the 4 horsemen of divorce..
This post has been edited by Oklahoma: Jun 12 2021, 03:07 PM
Need a little marriage advice, Wife is asking for monthly allowance
Jun 12 2021, 03:03 PM
Quote
0.0136sec
0.65
6 queries
GZIP Disabled