History shows that although men ran the large banks the true economy was actually driven by women who run all household affairs.

Within all but a few households the pay was always handed over to the wife unopened, after taking into account the needs of the household it was common for the husband then to be handed an allowance to buy bear and smokes.

In some cases the husband would by some drinks on the way home but knew how much he was expected to hand over, failing this his life would be made a misery (there is nothing worse than a nagging wife I am told)

As many products were made the wife would have a say almost exclusively on what would be bought, were and when. The husband hardly ever interfered with household affairs and the running of the house, he would simply work like a donkey making the products that fed the family and that the women would hopefully allow some of the proceeds of the households finances to buy. His reward was a nice meal, clean house and a few pints with his mates down the pub.

Society has changed, along with values and traditions but as we go from a financial readjustment to credit crunch to recession and now with some suggesting that may be we are entering depression it is of little surprise that those best able to weather the storm are the women.

I have recently changed banks for several reasons one is to gain more control of my finances, it’s not with any of the mainstream banks but with a group called think banking.

The account is made up of two parts the first is where my money is initially deposited; a sum is held back to pay all the household bills.

Then it is transferred to a second account for every day use, I am sent a text notifying how much is held back for bills and then how much has been transferred and available for me to spend.

A simple but effective system that is simply what historically the wife would do.

But I am reminded of this as written by Srila Prabhupada:

Canakya Pandita asks, “Who is happy?” He answers, “The man who does not work away from home and who is not a debtor — he is happy.” Very simple. Yet now we see that practically everyone works away from home and everyone is a great debtor. So how can they be happy? In America the banks canvass, “Borrow money from us, purchase a motorcar, purchase a house, and as soon as you get your salary, give it to us.” Or they offer, “Take this bank card.” It should be known as a bankrupt card. If you take the card and deposit your money in the bank, then you can purchase whatever you like with the card. But soon you are without any money, and all you have left is that card.

DWT 13: Escaping the Clutches of Harmful Desires

It is a thought to ponder any way.