The Breakfast Club - Splitting All The Finances 50/50 With Your Partner
Episode Date: May 16, 2023Splitting All The Finances 50/50 With Your PartnerSee omnystudio.com/listener for privacy information....
Transcript
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Morning everybody, it's DJ Envy, Charlamagne Tha Guy, we are The Breakfast Club.
Now if you're just joining us, we're talking about Gabrielle Union and Dwayne Wade.
Now this comes from a recent interview she did and she was talking about
her splitting the bills 50-50 with her husband. Let's listen.
That first sense of security and that the work is coming and I just,
as long as I keep knocking it out, there's gonna be more and
there isn't this sort of sense of
the rug could still be pulled out.
I struggle with that still,
just because I think I just have more responsibilities,
you know, for my money.
It's weird to say I'm head of household,
because in this household, we split everything 50-50.
But in the other households that each of us have to support,
it puts this, there's always this like gorilla on your back
that is like, you better work.
You better work.
Somebody might not eat.
Come on, come on, you better work.
And it's hard.
It's hard to let that go.
So I'm working on that.
All right, so we're asking what are your thoughts
when we got Tracy on the line.
Tracy, good morning.
Hey, good morning.
Hey, bro, what's your thoughts, brother?
So my thoughts is this.
If it's a regular couple and they
both work in jobs, I don't
see nothing wrong with going 50-50.
But if the woman's in school or something like
that, I understand a man paying the bills, but
if the man's paying all the bills
and the woman's not doing anything, how are they
ever going to get anywhere as far as investments
and growing a better future for the
family, leaving a legacy? How are they going to get anywhere if they're regular people and the man a better future for the family leaving the legacy how they're going to get anywhere if they're regular people
and the man's just spending all the money on the building this goes back to exactly what we was
just talking about you just said that woman's not doing nothing but i guarantee you if you go to
that woman that you're the hypothetical woman's house you're talking about and you see all of the
things that she does on the daily in that house, you would realize that nothing you're saying is a huge something.
Tracy, are you married, Tracy?
No, I'm not married.
I'm not saying she's not doing nothing, but I'm saying with the money.
You just said that.
What is she doing with the money?
No, no, listen to what I'm saying, though.
Okay.
With the money that she's saving, that she's not paying bills,
I understand that she's being a mother.
Oh, you're saying, okay, I see what you're saying.
You're saying.
What is she doing with that money that she's not spending?
I get what you're saying. Is she putting it into she's not spending? I get what you're saying.
Is she putting it into investments for the family?
I get what you're saying.
You know what I mean?
I thought you said she wasn't making no money.
I thought you said she wasn't doing nothing.
Tracy's saying if this 50-50 is paying the girls,
what is she doing with her money?
Is she just putting her money in her account
and spending it and buying bags, shoes,
and going on trips with the girls?
Or is she taking that money and putting it back to the house
or investing it or whatever it is?
No, I agree.
That's why I say put it all into one pot, and it should be the household's money to take care of the household, build the kids and all that.
I see what you're saying, Tracy.
Facts.
Thank you, brother.
Hello, who's this?
Valencia.
Hey, Valencia.
Good morning.
Good morning.
How are y'all?
Doing good.
Bless Black and highly favored.
Amen.
What's your thoughts?
So on y'all topic, I don't think there's anything wrong with 50-50.
I think the issue comes in where if Gabrielle feels like her money has to go to more places,
maybe he should pay more.
But I also feel like maybe she hasn't had a conversation about it.
What do you mean her money has to go to other places?
You mean past relationships or parents or family or something like that? No.
In the interview, she said she feels
like she has more households to contribute
to. So she's constantly
stressed about her money. So maybe
it shouldn't be 50-50. Maybe he should
take over more in their household. I mean, I
didn't see the interview, so I don't know what that means, but that
could mean she's taking care of family. That's what I
was thinking. You know what I'm saying? You're taking care of other family members.
You know what I mean? Like, you could be taking care of your mom.
You could be taking care of your pops, your grandma.
I don't know her family situation.
That's what it sounds like.
But even in family situation, when it's ours,
we both decide what goes to family members.
You know what I mean?
All the time.
Because there's family members that may ask my wife for money.
You know what I'm saying?
There's family members that may ask me for money.
Correct.
You know? And those are conversations that we have. It's usually simple what I'm saying? There's family members that may ask me for money. Correct. You know,
and those are conversations
that we have.
It's usually simple
because I ain't got it,
but, you know.
Yeah, I'm not mad at it.
And you know,
we was talking about
something earlier too
in regards to like
family members
when they ask us for money.
Like people might ask me
for money
or they might ask
my wife for money.
Yep.
My wife is the no person.
Oh, I'm, well.
I'm the sucker.
My wife is the no person. My wife, no. It. I'm the sucker. My wife is the no person.
My wife, no.
It don't matter who it is.
Even if it's people on my side of the family, tell them to talk to me.
She's the no person.
See, this is the good thing.
See, you got to, it's like, you got to go through my mom and pops, right?
My mom and pops kind of handle my finances, but they don't.
Meaning, they look at it like, you work hard.
Nobody else works hard but you.
So, you ain't going to lend no money.
So my mom and pops be like, no.
Like before any family member, if they, you know,
we know sometimes when family member like,
let me talk to you in the garage.
Let me talk to you in this room over here.
My pops come right with me.
No, no.
But that's, that's, that's mom and pops.
Absolutely.
All right.
Well, what's the moral of the story?
The moral of the story is do what works for you.
You know what I'm saying?
But I really don't like this, this,
this conversation about percentages. You know what I i mean because like we've been saying all morning
if you really broke it down and calculated what each person does in their respective roles if you
look at all the things a woman does to make our lives easier yeah oh my god it would not be 50 50
it'd be like 70 30 80 20 geared towards the woman all right it's the breakfast club good morning