I don't get it why do you guys give all your money to your wives. What do they do with the money they earn keep it?
Spend it. When I get paid in cash, I give it to my spouse. She tends to handle more cash business, like sending the kids to the store or the farmers market. I don't like to carry cash because I spend it.
Checks (i.e., most of my gig income) go straight into the bank account.
I have a fiance but I wouldn't turn over all my earnings to her. It sounds like y'all are asking your wives for permission to spend money you worked hard for. I don't get why?
YMMV. In my family, it doesn't matter who worked for what money. We have a household to manage and kids to raise, and it's a joint effort.
I don't have ask for permission
because we trust one another not to spend what we can't afford.
With that said, I make sure that my gig income covers my gear expenses, not out of necessity, but as a matter of pride and good business sense.
Its not that complex you have family expenses you make enough to pay those, what you have left you save, invest and a percentage you spend to enrich your lives
Actually, for most middle class families, it is that complex, and then some, because:
1. We often don't make enough to pay all of our expenses, especially when you consider "expenses" to include managing risks such as health care costs, unemployment, college tuition, and retirement.
2. There is no guaranteed formula for how much a family needs to save and invest.
