Is it actually better to only have one person handle all of the finances in a relationship? That was a conversation I heard today where one couple found it ideal to have one person dedicated to managing the family budget. In this case the husband mentioned that he just makes the money and lets his wife handle all the funds as it is more productive this way.
I don’t see why it wouldn’t be better with simply everyone getting involved as the more aware of where your money goes to the more likely you are to be savvy about finding deals, trying to get the best interest rates to earn more, etc. It’s all about being hands on with your money which will make you appreciate it more to not do irresponsible things with it.