Financial Responsibility is one of the most crucial responsibilities for any household
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It governs our present and future, both. Who is responsible for this financial responsibility in modern households?
So by modern Indian households they mean working couple but living maybe nuclear or in traditional setup ie with in-laws.
In such households who do you think has the sole financial responsibility. Is the husband the sole caretaker and the wife saves her money or do they both spend equally?
Men managing the household finances is the starting point to patriarchy and then we say women don’t have equal say and rights in the society.
Men taking the financial load on their shoulders come back from the days when women were not empowered enough. But now, we women, are no less capable and hence I don’t see any point in why men should be at the forefront of taking the financial responsibility of the household.
For me, I earn more than my husband. I don’t take any kind of pride in it. It’s how it is. But the fact that we are married and we are a very cordial couple, we always keep money beside us. My husband took Liberty to quit his job and start his own business because my salary was decent enough. He struggled in the initial 2-3 years and then things started to take shape for him. But all this time, we partied, traveled, saved, and invested using my income. I was the one managing everything and at the same time supporting my husband in his business and sometimes with his financial needs as well. And I don’t see any harm in it because I am 100% sure he would have done the same for me.
He is a crypto blogger and all his earnings are in the form of cryptocurrency. With the new law of 30% taxes on anything you make from crypto, we have decided that his earnings would be completely invested and he would not take a penny out of his bank account. We are expecting things the get better in India with respect to crypto regulations in the coming years. If that happens, we should have lots of money a few years from now. If not, we will obviously have to settle with the system and he might choose to use his income. Whatever his earnings are 100% investments.
But as of today, I am the one managing all expenses, EMIs, savings, and investments from my salary. This obviously vests a lot of power in my hand but my husband is cool with it. And so am I.
Men taking the financial responsibility and women taking a back seat is not bad but should not be imposed or considered a usual way of running households. Women these days are capable enough to manage things on their own. If some of us are not, it’s mostly because our society has not given us the right directions, not that we are not capable.
