Sanity Money

We have sanity money but the amount varies depending on the week!

We get it out in cash once a week (DH is paid weekly) and I find that much easier than spending up to the limit on eftpos/credit, I find that when I have cash I'm less likely to spend it willy nilly because I can see exactly what I have left.

we have automatic payments into our own wee sanity money accounts fortnightly, that way we can buy each other presents for birthdays etc and its a secret!

We had $60 a week each, but then tightened up to $60 a fortnight because we were not making much financial headway.  If DH wants to buy booze or buy Lotto, then it comes out of that money.  It's also great when you want to make a secret purchase like buying DH a present. 

Ours is $25 a week, which only includes personal spending, no takeaways, nights out together, clothes (except for splurges, but necessities are taken care of) and anything else we agree on. It's purely spending money.

We have our sanity accounts loaded onto our Savings buttons on our Eftpos cards and I transfer the amount fortnightly along with our petrol money. If DH needs more for work (they often spring things on them at the last minute) he pays from our normal account and we decide later on if he needs to pay it back.

We'd like more, but we've just increased it from $20 each a week now I'm working more so we feel rich lol

Gosh better not let DH see this... ours is teeny compared to you guys BUT things are very tight right now and we are trying to stay afloat....

Ours covers coffees (me), beers (DH), lunches ... essentials are budgeted into our savings account. We both have our own accounts that our spending money is put into each fortnight and if special occassions are coming up then our gift amount is transfered in a month or so before hand...

Ours is $50 each per week. It's only for lunches during the week and going to the pub. Everything else fits into different budget categories.

ETA: to answer your second question, we draw ours out as cash every Monday. That way we always know how much we have left.

Edited by Little_Red

I just talked to DH on the way home from holiday about this and we are gonna have $50 a fortnight which I think is gonna be heaps but we can revise..not much to spend on here so should be easy...that covers my scrapbooking class, any bits and pieces I want for that, any junk food/coffees and magazines etc....But as I say not much around here to buy hehe.

I just need some sanity

Two pre-schoolers, Two teenage step-kids, and a large dog that's recovering from knee surgery is enough to send anyone round the twist!

we have 10 dollars a week - this is purely for our own extra bits and bobs and doesn't cover clothing, eating out together etc because we have that in another part of our budget. My hubby doesn't struggle with this cause he hardly uses it! and i'm fine when i remind myself about our financial goals! he he. We do have it easier because we don't drink, smoke or play lotto!