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| Money Matters Personal finance, managing debt, saving and investing |
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03-15-2008, 07:25 PM
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#1
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Is it a culture thing?
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Senior Mommysavers Member & Approved Trader
Last Online: 07-16-2008 11:04 PM
Join Date: Jan 2007
Location: Long Beach, CA
Posts: 204
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Asians think it's good luck when you share your fortune. (I'm Asian) My husband is Hispanic and doesn't quite agree. So when we sold our condo last year and made an awesome profit, I divvied up our finances to include money to our immediate family members and church. We also put money aside for another home, a new car, kid's accts. and emergency fund. What do you ladies think? Is he just being selfish? Or am I because I went ahead and did it anyway because I think it's the right thing to do?
I hope he doesn't get too mad at me.
__________________
A day without laughter is a day wasted.
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03-15-2008, 08:01 PM
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#2
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Mommysavers Goddess + Approved Trader
Last Online: Today 07:24 PM
Join Date: Jul 2006
Location: Tomball, TX
Posts: 4,789
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I don't know what your asking, but plenty of people donate to charity no matter their culture. I don't really believe it's "Good Luck" to give, I just feel a responsibility to give to causes I believe in. I guess if you were Christian you would say I give b/c the Bible commands it, but really you should just want to give b/c it's the right thing if you are able.
I don't go handing out money to family members though, unless they are in need.
for that kind of gift I would have spoken with him more about it to explain how you feel and come to an agreement before I did it without him approving. I know if my dh had given out money I had not wanted him to I would be very upset.
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A woman is like a teabag. You never know how strong she is until she gets into hot water.-Eleanor Roosevelt
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03-15-2008, 08:42 PM
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#3
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Senior Mommysavers Member & Approved Trader
Last Online: 07-16-2008 11:04 PM
Join Date: Jan 2007
Location: Long Beach, CA
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"I don't go handing out money to family members though, unless they are in need. "
So let's say you come into a windfall, you wouldn't give to your family? Whether they are in need or not? By the way, we are both Christian, and I gave more to the church than I did family members.
As for my question, I'm just wondering if it's a culture thing to give money when you come into money. For example, my aunt who's Asian, won a settlement from a work related lawsuit and gave me and my siblings some money. My MIL, on the other hand also won a settlement but didn't give any of her kids money. Which is fine by me.
And I don't think my husband would be too upset--he knew that I wanted to give this money away.
__________________
A day without laughter is a day wasted.
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03-15-2008, 08:46 PM
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#4
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Greeny-Beany Money Mod
Last Online: Today 09:18 PM
Join Date: Apr 2007
Posts: 14,511
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No, I don't think it is a culture thing. I know many families that have and have not shared whatever windfalls may have come their way. It never struck me as a racial thing just depended on the family.
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03-15-2008, 08:52 PM
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#5
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Mommysavers Goddess
Last Online: 06-13-2009 09:51 AM
Join Date: Jun 2007
Location: Texas, y'all
Posts: 2,136
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I am hispanic and when I have a windfall I give to my grandmother and aunt. I will give to my mother if she'll take it but she doesn't like taking money from me. The only thing that strikes me as off with your situation is that you and your husband aren't on the same page. My husband doesn't mind if I give away some money, if he did I don't think I would because all money situations should be agreed upon. I'm lucky he doesn't mind. I don't think it's a cultural thing, I think it's an individual thing. My brother doesn't give out money.
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03-15-2008, 09:01 PM
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#6
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Mommysavers Addict
Last Online: Today 08:34 PM
Join Date: Jul 2006
Location: Minnesota
Posts: 21,840
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I think the bad part is that you did it without agreeing with your dh on it. The money belongs to both of you and the decisions should be made together. That being said, if I came into alot money, I would probably share with a few select family members, but not all.
__________________
~Happiness is a large family~

Everyone must be quick to hear, slow to speak and slow to anger. James 1:19
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03-15-2008, 09:08 PM
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#7
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Junior Mommysavers Member & Approved Trader
Last Online: Today 09:25 PM
Join Date: Jul 2007
Posts: 3,157
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Whether It Be a Cultural , Individual Or a religious Choice.
I don't think It would Be a Good Idea, or Lucky If You are Giving Away Half of Your Spouses Awesome Profit Behind his Back.
I Am Assuming from Your Post that when you Said
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Quote:
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" when we sold our condo last year and made an awesome profit,"
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That Half that Condo and Half that Money was Legally His.
If that is the case ....
How is that in anyway Lucky , Doing that behind his Back?
If It wasen't His Money or Profit , than If It Means something to You to Give it to Your Family, than that is Great!! I say do What makes you feel good.
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03-15-2008, 10:11 PM
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#8
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Senior Mommysavers Member & Approved Trader
Last Online: Yesterday 09:53 PM
Join Date: Jun 2007
Location: Texas
Posts: 867
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I think that if you have something great happen in your life why not share some of the joy with others? Doesn'talways have to be money, but if it is, how much you give is up to you. Just showing others that you are thinking of them means so, so much to them, and I think it DOES increase your good fortune, which some may think of as luck. Never hurts to be generous towards others!!!
__________________
Alice came to a fork in the road. "Which road do I take?" she asked.
"Where do you want to go?" responded the Cheshire cat.
"I don't know," Alice answered.
"Then," said the cat, "it doesn't matter."
~Lewis Carroll, Alice in Wonderland
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03-16-2008, 08:32 AM
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#9
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preschool/toddler mod
Last Online: Yesterday 08:21 AM
Join Date: Jul 2006
Location: IOWA
Posts: 8,652
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i don't think it is a cultural thing either if you want to share great.. my problem with what you said was you dh did not agree and you hope he is not too mad...i think that is something a married couple should have agreed on before the money was given away a marige is a partnership not one should call the shots.
__________________
SILENCE IS GOLDEN BUT DUCK TAPE IS SILVER.
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03-16-2008, 09:55 AM
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#10
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The News/Kids/Frugal Mod
Last Online: Today 04:43 PM
Join Date: Jul 2006
Location: Alabama
Posts: 6,975
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I'm finding this thread fascinating. My dh used to work at an Asian company and they were stingy has heck with money. Whenever my dh's Asian boss came into windfalls, he clung to that money for dear life, never parting with it for anyone or anything unless it was absolutely necessary.
I have no idea if donating windfalls is a cultural thing. Perhaps in your case, you were raised in a great, caring family and you have a wonderful attitude about sharing your money.
__________________
"Moms are nice, they are sweet
moms are like birds that tweet." ~ Mother's Day poem from my dd
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