She's mentioned that she doesn't like Ramsey because he says you need to put every extra penny towards debt in his second step and he also says no vacations while in the second step.
The method used in "Smart Couples Finish Rich" is a lot easier to follow. In the book, he does not talk about dividing what is left over after saving and paying bills. But it if you do that, then you each have the same amount and she can feel like she it not under your thumb financially.
The Smart book talks about the idea of putting all things like vacations, entertainment, etc on hold until your bills are paid off. The book warns to not do that. I think this is wise because when the budget is that tight, most people end up breaking it.
It's like being on a diet and never being able to eat anything sweet again. Eventually the cravings will drive you nuts.
There needs to be some slack. I'm not saying to blow money, but there has to be some enjoyment in life too.
She's mentioned that she doesn't like Ramsey because he says you need to put every extra penny towards debt in his second step and he also says no vacations while in the second step. When we have talked before, we both know that eating out is something we need to cut back on. However, I am usually gone during the week for work and just want a home cooked meal when I come home. She is the exact opposite.
How many hours a week does your wife work? It's pretty typical for a SAH to want to get out of the house on weekends and for a working spouse to want to veg at home on weekends. So compromise is in order.
So compromise. Do you eat out for every meal on weekends or only dinner?
How about having a home cooked meal early in the day. But then you go out for desert and coffee? Or appetizers? Or share a meal when you go out?
Or find coupons and specials. Try groupon.com for something Here's www.restrauant.com, just enter your zip code to see what's in your area.
She has a bachelor's in child development and master's in adult and continuing education. I've stopped complaining about the amount of the debt to her now, I've said that we need to pay it off. Mine have a little under $5,000 left. All bills (car, house, etc) are in my name because she had to declare bankruptcy a few years ago to get out from under a house she bought before we got married.