MNHQ here, after your thoughts on investment (the money kind)

[RowanMumsnet]

Hello all

We've been asked to speak at an upcoming event focused on women's attitudes towards investing and the investment industry - so we thought we'd ask you for your views.

Any thoughts on the following (or on related matters) would be much appreciated - thank you.

How do you manage money in your household? Do you do it all? Or do you split the duties with a partner, if you have one?

If you do split money management with someone else in your household, how do you divide the duties? Is it by timeframe (everyday vs. long term), amount (daily outlays vs. big ticket items), or something else?

Are you different from your partner when it comes to managing money in your house? What would you say each of your attitudes are? How does this affect the ways you manage money in your household?

Have you ever thought about investing in, or actually invested in a stock-market-related product? If you have, why? And if not, why not?

Thanks
MNHQ

Dh and I have wholly joint finances, always have as before we married I wanted to do things with dh, and if he couldn't afford it it made sense for me to pay. I have always earned 2-3 times more than him, and my family have money whereas we paid mil mortgage for years. We are lucky because we could do this but it is all family money.

Flippantly I say I earn it, dh invests it. But I do the insurance as DH doesn't believe in it. I am more cautious, but that balances well, as dh takes bigger risks and tends to get bigger returns. We invest in what we understand so can be alternative investments, wine etc.

Why is it insulting? You don't fit the majority - so what? Neither do I. That doesn't mean the studies are wrong. They don't say "all women invest one way and all men invest another" but rather there is a tendency in the gender cohort to behave one way or another.

It would be acceptable to say black people (or any other group) generally behave alike in respect of finance if it were true - but I doubt it is. Someone somewhere may have studied it, I don't know. Religions certainly invest differently. Islamic investments, for example, which forbid the earning of interest.

I'm not a financial professional. I'd probably be a lot better off if I was

Hi,

My dh pays a sum to me every month from his salary and I run the house from that. He pays money into his pension and mine separately.

All of the savings are in my name for tax reasons, and it is my job to find the best savings options, but we only do cash savings. The most exciting things we do are 3 year fixed rate bonds.

I joined the frugaleering thread to learn how to get a grip on our money and run a budget and things like that. I find it helps my stress levels to know exactly what is going on with the money.

Having a good grasp of the finances also means I'm able to make sensible decisions about when we can fix things about the house that we previously a big problem, e.g. flaking lead paint and unsanitary old carpets.

Definitely having a good grip of the money situation has helped a lot of things in our family. I think it underpins the whole of family life and reduces stress.

I'm currently struggling to find good investment opportunities as the interest rates are so low. I think that buy-to-let is unethical as so many people are locked out of the housing market so I wouldn't do that. It's hard to find good investment opportunities though.