Well I think there are two ways of looking at this issue:
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How fair is the amount relatively
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How fair is the amount in absolute terms!
The answer to 1. we don't know as we don't know what your DH overall financial position is. We don't know the extent of his equity nor his income. So very hard to opine. Perhaps you could tell us roughly what you think he might earn. Which would be a help. What is your own income per year?- also would be useful to know!
No 2 - well £1200 is quite a lot of money for fripperies - but I do understand how someone could get through that amount of money quite easily, if money were not a concern. OTOH, it is still a generous sum of money to supplement your own income with. If you look at it from the position of many people who post on MN, then it is a grotesquely obscene amount of money to spend on nothing.
I think perhaps you are using spending to make you feel happier in a difficult relationship and with alcohol problems Carla, and perhaps you need to look at why your DH has done this.
I'm also with PPH a little on this - some of us who post here are in extremely fortunate positions money wise, and to post on here moaning about not having enough, when others have so much less, is a little distasteful, IMO!