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Wellness Wednesday for July 19, 2023

The Wednesday Wellness threads are meant to encourage users to ask for and provide advice and motivation to improve their lives. It isn't intended as a 'containment thread' and any content which could go here could instead be posted in its own thread. You could post:

  • Requests for advice and / or encouragement. On basically any topic and for any scale of problem.

  • Updates to let us know how you are doing. This provides valuable feedback on past advice / encouragement and will hopefully make people feel a little more motivated to follow through. If you want to be reminded to post your update, see the post titled 'update reminders', below.

  • Advice. This can be in response to a request for advice or just something that you think could be generally useful for many people here.

  • Encouragement. Probably best directed at specific users, but if you feel like just encouraging people in general I don't think anyone is going to object. I don't think I really need to say this, but just to be clear; encouragement should have a generally positive tone and not shame people (if people feel that shame might be an effective tool for motivating people, please discuss this so we can form a group consensus on how to use it rather than just trying it).

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I come from a family of misers,

Bruh. A better way to put it would be to characterise your family as savers and/or investors.

my wife comes from a family which is nearing the bottom of the stairs with their silken slippers.

Consoomers.

She feels really bad about it, but can't seem to keep it under control.

It appears she doesn’t actually feel that bad about it, by her revealed preferences.

She feels massive social pressure to not look poor.

Yes, a pressure that is readily absolved by spending money that’s 2/3s earned by your husband.

She's not a feminist by any means, but does have a strong aversion to feeling controlled in any way, so I'm hesitant to suggest I have greater control over her finances.

Ugh. Stupid husband, how dare you be so controlling over our money, much less my money?

Any ideas?

Perhaps you can make a simple Excel model to show her how your household net worth can grow using a given spending/savings rate, and a given rate of return on investment.

The takeaway for her being: more savings/less spending now, more money with which to flex later upon the Jones’s, other randos, and social media.