Do you have a Spending Cap with Your Spouse?

//Do you have a Spending Cap with Your Spouse?

Do you have a Spending Cap with Your Spouse?

I was on my way to celebrate my brother’s promotion within the FDNY to lieutenant when The Wife called me to tell that she bought a bed for our son, but not to worry “she saved a ton.”  It took me a minute to calm down and figure out what was happening.  I originally thought that this phone call was in reference to the fact that The Wife wanted/needed/pleaded for a king size bed ($3K+).  I later learned that the phone call was in reference to a $600 mattress and box spring for our son.  While the discovery diffused my annoyance I still was little put back that The Wife spent $600 without even a phone call to me.

Side note: Kind of weird that my little boy is making the move from a toddler bed to a full bed that he’ll have for years!  He looks so damn tiny in this bed.  Makes me want to sing cats in the cradle.

Do You have a Spending Cap with Your Spouse?

I don’t want to give the wrong impression, the conversation wasn’t a fight, but it did make  me wonder if couples out there have an intentional conversation as to a “spending cap.”  A few years ago, I wrote that The Wife as my greatest asset, and for the reasons within that post I never really felt the need to have this conversation.  I also don’t think the conversation has to happen now, I just voiced my opinion that a $600 purchase should have been talked about.  Not sure if she was serious or not, but she claimed that this situation was the same as the fact that I spend $500 to $1,000 a month investing in our dividend investment portfolio.  I ignored the argument as it is obviously different!


My boy LOVES his new bed! He’ll tell anyone that listens that he now has a big boy bed.


I am curious who has had these types of agreements with their spouse or significant other?

By | 2014-05-22T00:46:25+00:00 April 28th, 2014|Random|4 Comments

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Evan is the owner of My Journey to Millions which was started to track his journey from a broke debt ridden law school graduate to building a positive balance. Need more Evan? Follow him on Twitter, Contact him or get new posts directly to your email


  1. Tara April 29, 2014 at 2:48 pm - Reply

    That’s a good question. My husband and I usually talk thinks over, but then I realize I often spend $300-$350 at Costco on our monthly trips, and I don’t tell the husband until afterwards! We just get a lot of food there, plus other non food items that last us for months (like TP and body products), plus medicine and protein bars. But still, I never tell him about the amount before hand and I would be pissed if he spent $350 on something so it brings up a good point.

    • Evan May 1, 2014 at 11:15 am - Reply

      Hmmm not sure if food counts. I don’t talk to The Wife about her weekly grocery store runs (I actually did once and it didn’t turn out good for me).

  2. Andrew May 21, 2014 at 11:28 pm - Reply

    My wife does like to shop but never spends alot. Just random crap. She’s pretty frugal generally so I trust her and don’t have a cap. Heck she scolded me for paying $4 for a gallon of milk. She said I coulda gone to another spot that sells it for $3! For big ticket items we always talk about it first

    • Evan May 26, 2014 at 9:10 pm - Reply

      The Wife is pretty frugal also. She used to be much more but over the past few years it has lessened

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