Hey big spender – did you check with your spouse before making that purchase?
Two-thirds of consumers have an agreement with their significant other to talk before spending more than a set amount, according to new data from Ameriprise Financial. The average cutoff is $392, although 16 percent of consumers say they have free rein to spend as much as $1,000 — or more.
The survey queried 1,514 couples (3,028 individuals) nationwide during July. It focused on couples married or living together for at least six months, who are between the ages of 25 to 70 and who have at least $25,000 in investable assets. The margin of error is plus or minus 1.8 percent.