My husband and I are both frugal people. However, our methods of frugality vary enough that neither of us initially considered the other to be frugal. This difference is highlighted by a shopping trip that we had that included a peanut butter purchase. We were both looking for the cheapest option, but with different criteria. He looked for the cheapest price per ounce, which was the largest jar. It was so much peanut butter! We didn’t need that much! I wanted to get the normal sized jar in the cheapest brand. I wanted to pay the smallest amount to get enough. He wanted to find the cheapest long-term option. Would it surprise you to learn that my husband grew up in a middle class household while I grew up below the poverty line?
While the peanut butter incident itself is pretty small, the difference in our financial upbringings has caused a lot of friction in our marriage. I tend to buy cheap, but often. He buys infrequently, but more expensively. He has a lot more impulse control than I do. He rarely buys something just because he wants it at that moment. He’s able to walk away, weigh the pros and cons, and then find the best deal IF he even still wants it. I, on the other hand, tend to get what I want when I want, but at a cheap price. Unsurprisingly, my frequent small purchases do end up costing us significantly more in the long run. That’s the main source of friction.
However, as we came to understand each other’s history more, there was more peace. He was able to be more accepting of my spending habits. I, in turn, have been able to confront my habits and bring them under control. Our increased understanding has helped us to improve ourselves as individuals and as a couple.
How do your and your partner’s financial decisions differ? Do you understand why?
