| Author |
 Replies: 34 / Views: 4,485 |
|
Pillar of the Community
Canada
1554 Posts |
Poll Question
 I just finished watching the Dr. Phil show today (April 26, 2011) which led me to making this Poll! Dr. Phil states that "one in three" couples suffer from Financial Infidelity. (almost sounds like a swear word) For those who are unsure what this is: when one spouse or common-law partner spends/hides money from the family budget without telling the other half. Obviously if you're reading this your a coin collector and you must have a monthly budget to engage in your Hobby. Now, the question is "are You guilty of Financial Infidelity?" A simple anonymous Poll below should let us know if Dr. Phil's stats are correct! (and I promise not to tell your other half............................LOL) Glenn  Moved to Main Forum - Sap
Edited by glenzy1
04/26/2011 7:16 pm
|
|
|
|
Pillar of the Community
Canada
1733 Posts |
My better half has been in this with me since we were teenagers and enjoys membership as a Chartered Accountant. Not only don't I try and hide it from her, I make sure she knows what the stuff is worth in case I get hit by a bus.
|
|
Pillar of the Community
United States
1064 Posts |
Quote:
Obviously if your reading this your a coin collector and you must have a monthly budget to engage in your Hobby You have a budget for your hobby? You are very lucky; mine has spiraled down to looking at the change on the kitchen counter, trolling supermarket Coinstars, and hoping the family will ask me what I'd REALLY like for my birthday! |
|
Valued Member
Canada
276 Posts |
I don't have anything Dr. Phil describes. Because he's not a scientist or a real doctor. I have respect for REAL psychologists... not american ones.
|
|
Pillar of the Community
United States
3592 Posts |
Quote:
I have respect for REAL psychologists... not american ones I'm sure if were to make that remark about Canadian or French doctors, I would be blasted off the forum and I think it in very bad taste. Edited by Maineman750
04/26/2011 8:02 pm
|
|
Valued Member
United States
287 Posts |
my answer is YES. I do hide it... and it isn't easy.
|
|
Valued Member
Canada
51 Posts |
I have my own credit card that I use to pay for parking tickets, coins, magazine subscriptions, and other "transgressions" lol (gifts too)
I pay it off from our joint account, the wife knows about it and doesn't care since I don't spend a huge amount, it's just how I hide the details of my spending. ;)
Edited by pk_boomer
04/26/2011 8:53 pm
|
|
Pillar of the Community
United States
2661 Posts |
I voted yes for lack of a better choice. I have no budget, I buy what I want as long as the price is within reason. I have provided my wife with most of her wants and needs so I do not have to explain where the money went. She knows where it is and where it goes.
|
|
Valued Member
United States
424 Posts |
Nope. Ugly is right. They have to know the value so they don't dump the collection into circulation for face value! Although I'm sure some forum members would appreciate that...  |
|
Pillar of the Community
United States
7189 Posts |
Currently my budget is 0 but over the past six years I have made many "discretionary" purchases. All in all I have spent $16,000 over this period and I would say that 95% of my acquisitions have now shown a resale profit, and some of them with substantial gain. It has allowed me to complete many sets and given me great joy in the search for a new coin. Now unemployed and with a uncertain future I have the backing of my "hoard" to see me through. Hopefully I will rebound quickly and not have to cash in.
|
|
Bedrock of the Community
Australia
21786 Posts |
All that I own financially has been invested in my wife's name only, because her taxable income is less than mine. Legally, I have no financial assets. An accountant once said to me:
"Just kiss her sweetly every night!" No problem for us. Our marriage is an 'Until death do us part' job. At our age, both of us are now getting fairly tatty around the edges.
She trusts me completely with any money I spend on coins. I had her cornered on this one before we married. I sold my entire collection before we married, and that was 10% deposit on the value of our first house. That was in 1976. My collection has been continually growing again since that time. That manoeuvre meant that we have never had to pay rent. Paid off the mortgage 20 years ago.
That is why she doesn't care what I spend on coins. My first collection helped to put a roof over her.
|
|
Moderator
 Australia
16817 Posts |
I can't really vote - I'm still single.  Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
|
|
Pillar of the Community
 United States
2448 Posts |
I am too SAP, but that topic is so bogus. Give me a break! Who doesn't keep mad money somewhere? No crime to it, people have been keeping private banks since "Maw" sold eggs for spending money. The infidelity part comes when major sums of money are ferreted away when the couple doesn't trust one an other. Dr. Phil, take a chill pill!
When my wife was alive, I hated her asking me if "we" had the money to buy "ME" a birthday present. (To this day I hate Birthdays.) She always had an operating budget and would always have extra to spend as she saw fit (well, after we started doing well anyway). I fixed her good one year after she asked me, I gave her the check book and said "Here, you do the bills and just make sure you put money in the investment accounts". Each week she'd ask if I needed money for the week and I always said yes; heck, I had a regular nest egg in my sock drawer. She did a great job until she confessed she hadn't balanced the checkbook in 5 years. We then went to Her, Mine, and Our accounts and it worked like a charm. Oh, I always helped balance the "Her" account.
Thank goodness the younger generation of ladies is more fiscally savvy.
Edited by carmykle
04/27/2011 1:13 pm
|
|
Bedrock of the Community
United States
10284 Posts |
I voted No
I try to educate my better half on what the stuff is worth but she don't get it. I have always been allowed to buy what I want and she tells me when it is not a good time to spend money. I just tell her that it's worth more than she thinks and don't give it away when I kick the bucket.
When I show her what adds up to less than a dollar in face value and tell her it is worth a few thousand dollars, I think she believes me. I hope she comes here to get the help she needs when I am gone.
|
|
Pillar of the Community
United States
1659 Posts |
I voted no. My wife and I came to an understanding. We live on one income. My pay from my "regular" job goes to the household budget to take care of our family's needs.
Any money I make on the side is mine to do as I see fit. She's happy...I'm happy...and now arguments over money are extremely rare. It's a great little system we have worked out.
|
|
Valued Member
United States
320 Posts |
I voted no.
Our system is three accounts. Joint account gets all the funds, and then a certain amount is distributed each payday to both of us as spending $. No real restrictions placed on the spending of that $, as long as it's not something outlandish that we KNOW the other would object to. In this way, we both have our own $ to spend to pursue our own hobbies. If I have it, I can spend it with essentially no questions asked. Same for her.
It's good too because as much as she doesn't understand coins ("don't you have enough dimes?") I don't understand spending hundreds of dollars on scrapbooking supplies... throw the photos in an envelope, and 40 years from now when our grandkid wants to see Dad as a baby, we'll pull it out. Nobody wants to see cutesy decals and appliques, they want to see the picture.
SO anyway this solves al ot of problems. I don't care what she spends it on and she doesn't care what I spend it on, and we're both happy. We both have access to all three accounts and could check in as needed, but neither of us really do because we don't care.
The one thing that we discussed is that if I were to buy something and sell it later, as long as I net under $500, the profit and whatnot is still mine. If over $500, we agreed to talk at that point. Hasn't happened yet but when (if) it does I'll tell her.
|
| |
Replies: 34 / Views: 4,485 |
Posted 04/26/2011 7:27 pm
