Hi Cassie and Twiggy,
I will be a SAHM too.. have been discussing financial matters with my husband too.
Personally i prefer a fixed sum from him every momth. Reason being, i dont want to stretch out my hand to him every now and then and ask for money. Sooner or later, it may irk him and give him the impression as though I am asking for money so frequently when it is not. (It can get very sensitive)
I would rather he gives me and maid a fix sum for our meals.
The hardest part is, becos he will be the only one bringing home the money, and we have car, new maid, additional expenses from baby, it can be pretty tricky to work out how much to ask for from husband.
But we must remember, if we dont ask for a reasonable amount now, it may be harder to ask for more later on. I am imagining that I will have my personal insusrance to service. My personal contribution to my own side of family.. All this nitty gritty money will kick in to make a big sum.
Imagine, if we ask for a fixed sum of say $x from husband for meals only.. and we spend strictly on that for meals.. where would that leave us say if we wanna go for a haircut? for rebonding? for colouring? Pedicure? buy clothes?
That why my personal feel la, i will ask for slightly more, save from the amount, and use the save portion for what i want to do rather than to ask for money from him every now and then. My personal opinion la.
also i would rather a fixed sum every month vs a lump sum every year. A lump sum seemed a lot.. the feeling only. And if we needed extra cash, then hubby will probably question, where is the lump sum i gave you? (he may be thinking that the lump sum is alot lor when actually it simply means $x per month times 12 months).. The physcology part of it.
Oh yes, when he gets bonus or dividends etc, i must have a cut of it too. hahhaa