I do not ever ask my husband about savings that he make and do not interfere in any financial decisions that he makes... am I doing it right, or I should start participating in where he is putting money and all? As I have seen my friends know where each and every penny of what their husband earns is going.

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Of course, you should ask. You are one in term of not only physically but also, emotionally and mentally, so why not. You are not the 3rd person in your house to hesitate, you are his first partner in everything so he should tell you everything...