- Thread starter Dick2
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Goose
Well-known Member
I have my own checking account and my own savings account, and my wife can't access either one.
As long as the bills get paid, I don't have to answer to her for any tools, firearms, etc. that I buy. Just like she doesn't have to answer to me for any antique dishes or collectibles she buys with her money.
As long as the bills get paid, I don't have to answer to her for any tools, firearms, etc. that I buy. Just like she doesn't have to answer to me for any antique dishes or collectibles she buys with her money.
gtractorfan
Well-known Member
Hah, you reminded me of a guy I used to work with. He bought a mill, told me he paid half in cash, his wife saw the check he wrote and thought that's what it cost.
Well my wife and I have an agreement. She does not ask about my tool/tractor cost and I do not asked about her shoe/clothing cost. LOL It has worked well for the last fifteen years that way.
As for me passing and my tools/tractors getting sold for a unreasonable cheap price. I have a list of all my tools with pictures for the insurance man. I have the current replacement cost of these tools. I have told her that if she would need to eve sell any of them she should get 50-75% of the new cost for most of the tools I have.
It should never get to that point with the life insurance I have. The land and farms will go into a trust that will provide her with an income. My children/grand children get the benefits of this trust too. The boys should be able to continue the farming and feed business. My daughter would get an annual rent/dividend from the businesses.
As for me passing and my tools/tractors getting sold for a unreasonable cheap price. I have a list of all my tools with pictures for the insurance man. I have the current replacement cost of these tools. I have told her that if she would need to eve sell any of them she should get 50-75% of the new cost for most of the tools I have.
It should never get to that point with the life insurance I have. The land and farms will go into a trust that will provide her with an income. My children/grand children get the benefits of this trust too. The boys should be able to continue the farming and feed business. My daughter would get an annual rent/dividend from the businesses.
farmerjohn
Well-known Member
Not quite the same thought but reminds me of a joke I heard;
A fellow answered an ad in the paper for a classic car in mint conditon for $100. He asked the woman who answered the phone if perhaps the price advertised was a typo. No, that is correct, she said. When asked why the car was so cheap she said, The car belongs to my husband and he ran off with another woman last spring. He called me last week and asked me sell his car and send him half the money I get for it.
A fellow answered an ad in the paper for a classic car in mint conditon for $100. He asked the woman who answered the phone if perhaps the price advertised was a typo. No, that is correct, she said. When asked why the car was so cheap she said, The car belongs to my husband and he ran off with another woman last spring. He called me last week and asked me sell his car and send him half the money I get for it.
Jason the Red
Member
She takes care of the taxes (CPA), so yes. It is a love/hate relationship though!!
When we moved back to the city 2 years ago for health reasons, I sent most of my tools to my nephew on the farm.
I told my younger brother that when I'm gone, he is to take the rest of my tools to our nephew as my wife wouldn't know what to do with them. If she were to sell them, she'd probably price them at 25 cents each.
I told my younger brother that when I'm gone, he is to take the rest of my tools to our nephew as my wife wouldn't know what to do with them. If she were to sell them, she'd probably price them at 25 cents each.
My wife doesn't have a problem with me buying tools. In fact she recently bought me a NOS 1/2" drive SK socket set at an auction. A few days before Thanksgiving my nephew and I were in Lowes. They were setting up a display of DeWalt 18V cordless drills and my nephew commented on the price....$99. I took a quick look and decided to buy two. My wife just laughed when I told her about it and asked if I got one for her.
It was a different story when I bought a Caterpillar motor grader. :wink:
It was a different story when I bought a Caterpillar motor grader. :wink:
Joe Soucheray is a newspaper columnist in the Twin Cities who has a radio show called Garage Logic (KSTP 1500). He often talks about "the three prices"... 1. What you told her you paid 2. What you actually paid 3. The price you will pay when she figures out what you actually paid. He also has a 48 hour rule....If she notices something new in the garage, but you have had it for more than 48 hours you can claim "Oh that...I've had that for a long time".
Anonymous-0
Well-known Member
No, she doesn't care. I do know how much I paid for her Bernina sewing machine, her White serger, and her Sohmer piano.
Paul in Edmonton
Member
We bought some land to build a cabin on a few years back. That fall, Home Depot had an awesome sale on just about all power tools. It was my wife who told me go buy what I needed.
OTOH, I don't think she was thrilled that all those tools had to sit (in their boxes) in the kitchen all winter long until I could build a shed for them out on the land in the following spring.
-Paul
OTOH, I don't think she was thrilled that all those tools had to sit (in their boxes) in the kitchen all winter long until I could build a shed for them out on the land in the following spring.
-Paul
Anonymous-0
Well-known Member
When you are gone you are gone . A new man on your tractors and on the land and if he a sweet talker he will have made.
Great question!! I tell my wife what I pay for things. I have nothing to hide. We have an agreement that if its over 100.00 we need to converse first. However I have bought $$$$ wise more stuff then she has in our 25 years. BUT she also knows that my tools have paid for themselves over and over again usually repairing something she's broke. AND the bigger tools tractor, baler etc. have earned their way some years more than others.
A variation of the question was asked on an antique car board I frequent: Do you keep track of the cost of restoring/ refurbishing a car?"
Among those who didn't keep track, the responses were fairly evenly divided between those who didn't want to leave any incriminating evidence for SWMBO to happen across, and those who got so depressed themselves over what it was costing that they stopped keeping track.
Among those who didn't keep track, the responses were fairly evenly divided between those who didn't want to leave any incriminating evidence for SWMBO to happen across, and those who got so depressed themselves over what it was costing that they stopped keeping track.
CH(upstate,NY)
Member
Me too. Three big socket sets, wrenches, screw drivers and cordless tools. When I'm wrenching something I don't have to change sockets.
That's like most gamblers; they don't count their losses so they don't have to admit that they lose way more than they gain.
My Dad always told us: "Count your losses and give away what you win and you won't turn into a big-time gambler."
I remember once we were invited to a neighbor's for one of their kid's birthday party. Their dad got a small stakes poker game going in the basement for the men. Dad rarely played poker, but he won almost all of the money in the game. When they went upstairs for cake & ice cream, Dad gave divided up his winnings among the kids as the party. The neighbor got mad at Dad for giving away "his money".
My Dad always told us: "Count your losses and give away what you win and you won't turn into a big-time gambler."
I remember once we were invited to a neighbor's for one of their kid's birthday party. Their dad got a small stakes poker game going in the basement for the men. Dad rarely played poker, but he won almost all of the money in the game. When they went upstairs for cake & ice cream, Dad gave divided up his winnings among the kids as the party. The neighbor got mad at Dad for giving away "his money".
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