How should couples manage money? Maricar, Richard Poon answer

ABS-CBN News

Posted at Jul 21 2017 04:48 PM | Updated as of Jul 21 2017 04:52 PM

 

When discussing finances, every couple has their own strategy. Some pool their money in a joint account handled by the woman, while some save in individual accounts.

For celebrity couple Richard Poon and Maricar Reyes, their budgeting strategy is simple: whoever is better at it manages the joint account.

"'Pag halimbawa ang mindset mo lalaki lang dapat ang naghahawak or babae 'yung naghahawak, nawawala 'yung opportunity na kung sinong mas magaling humawak, siya dapat ang humawak," Poon said in an interview with ANC's "Headstart."

However, Poon also disclosed in the interview that while it is he who manages their joint account, he lets Reyes have her own savings.

"Marami akong stories na naririnig na women are unhappy with their marriages, alam nilang may babae 'yung asawa nila, but they cannot leave because wala silang trabaho," he said.

"I told her na ayokong 'pag ayaw mo na sa akin, di ka aalis dahil ako ang nagbibigay ng pera. So your money is yours; my money is yours," he added, further explaining that his money is shared between them.

Poon recalled that he and Reyes once fought over money because she "keeps on lending" to one person.

"I had to fight her na and say, 'I'm going to put my foot down. Ito 'yung linya ngayon, it has to stop or else away tayo at away ito na malaki,'" he said.

In the interview, Reyes defended her actions, saying she used to believe that she was "okay with money" until her husband taught her a new mindset.

"I did not think about it that way, na you're actually not helping the person you're lending money to; you're enabling them to continue to the bad money habit that they're having, you're bringing them to come to you all the time," she said.

Reyes revealed that now, they don't limit each other on purchases, but settled that they have to agree on big acquisitions.

"'Yan ang kailangang i-discuss because marriage is a union of two people being one, you're trying to be one," chimed in Poon when asked about investments.

"Mayroon kaming family rule na lahat ng major purchases, kailangang agreed. 'Pag hindi siya nag-agree sa gusto ko, hindi ko rin bibilhin," he added.

Money is only one topic Poon and Reyes talk about in their book, "10 Things We Fight About," published under ABS-CBN Publishing.