A Comment About

Ask Dr. Helen: When Wife Out-Earns Hubby

March 10, 2008 - 1:00 am - by Helen Smith
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2008-03-10 11:46:09

My wife makes about 2.5-3x what I do. However, I knew that was likely since we started dating in college, as she was pre-med and I’m an engineer. The cold hard fact is that, for a variety of reasons, engineers are paid less than physicians. So, I’m not upset in any way. I have a “cool” engineering job, where I don’t have to try to move into management to make the big bucks – I deliberately stepped off that track, because I hated it. It also meant that for a while when our daughter needed me to, I went half-time to be home with her.

One thing we do that is different than many couples that we know is that we pool all our money. That’s how we think of it – OUR money, not “his” and “hers”. We go over the bills together, we manage her retirement fund and mine in concert, and we both have the authority to sign on all our accounts.