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Just. . . Wow

March 1st, 2010 at 03:11 pm

He did it.

The other night Mr H approached me with his old paycheck stub and his new paycheck stub and asked me if I wanted to talk about what to do with his salary increase now or on Monday (the first). Not being one to want to let grass grow under my feet with this one, I said "Now".

Mr H asked me how much I wanted to put towards a new-to-us car. I said that it depended on where else we wanted to put the increase. If we had five items to put it to I would suggest a different amount than if we had 3 items to put it to. After discussion it became clear that we had two items to put it to - retirement savings and new-to-us car. I suggested a dollar figure, he agreed and that was that. 31% of the increase will go towards the car, the rest will go towards retirement.

Mr H will deposit these funds into a somewhat unused savings account and keep a ledger of how much is going to each item. He volunteered to do that. Eventually I'm anticipating that the retirement funds will be automatically invested somewhere. We discussed IRAs. I suggested that we open one in Mr H's name. I do have an IRA - the funds in it came from my old employer. Mr H has no retirement savings anywhere.

I'm still kind of in shock. It looks like Mr H is engaging more, involving himself more in our mutual life. Are things really changing? We've been married quite a while, and his involvement has been extremely limited for most of that time. I'm open, but naturally pretty skeptical. When I first started trying to bring up my car and its lifespan, at least seven years ago, Mr H said that when my car died we'd just buy a new car and take out a loan to pay for it. At the time I said, Mr H - if we can't afford to put money into savings for a new car, how would we afford a car payment? He had no answer. He's come a LONG way since then. . . most of the distance traversed in the last three to six months I think.

6 Responses to “Just. . . Wow”

  1. creditcardfree Says:

    Yipee! I hope it all works out like you both have planned. It will if you stick to it.

  2. shiela Says:

    That's great!

  3. frugaltexan75 Says:

    That sounds so encouraging!

  4. baselle Says:

    Softly, softly. He's like a skittish horse - time to pull out the sugar cubes now. Smile

  5. Petunia Says:

    baselle - ha ha ha ha ha! I wonder if chocolate chip cookies would do?

  6. Jerry Says:

    That is really great that circumstances seem to lead you to be on the same page, financially. It makes all the difference! Once you are talking the same language about money, and you understand things similarly, you have some insurance of making great strides together.

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