This post was partly prompted by some articles about household money I’ve been reading in various places around the web recently. The topics are especially prevalent when it comes to double income couples who end up single income couples when one parent stays home with the kids. What happens to the money? Is it accessible by both parents equally? Does someone get an allowance? How do people stay on top of the daily flow of cash, particularly when the incidentals become more frequent (with older kids, for example, who join a variety of sports or other activities)?
Every family has their own way of dealing with the household money. We have a way that works for us, but I’ll tell you something, being responsible for the cash flow is neither fun, nor easy.
And the worst part is the checks. Not just the endless writing of them, but keeping track of them.
I know everyone is counting the days (hours, minutes…) before summer vacation begins, but we’re not quite there yet. And one thing that seems more prevalent this time of year, so close to the finish line, is the endless need for cash and coins.
There are so many field trips, fundraising functions and pizza/ice-cream/hotdog days in the last few weeks of school that my regular money jar, which I neglect somewhat during the early spring days, is empty.
We’re back to it now. Small bills (10s and 5s) as well as coins are placed in there everytime I open my wallet.