Post # 1
I just wanted to get a feel from the community how people split their household bills.
For the past year, my DH and I have split the household bills 50/50. Our salaries had been fairy equal, so it was never really questioned.
Recently he got a very large raise and has started talking about all of the things he wants to buy and projects he wants to do around the house. He works VERY hard at his job, and he definitely deserves to have all of those things. One problem: it would take me years to save up enough to contribute half to any of it. I feel bad having him pay for the majority of things because I would get to enjoy them equally (trips, bathroom remodel…etc).
I’m curious how other Bees handle their money situation so that it’s fair.
Post # 3
We have joint accounts so “we” pay for everything. There’s no demarcation between what I pay for and what he pays for. We consider all the money in the bank “our” money”.
Post # 4
My SO and I used to split our bills 50/50 for things like rent, electricy, etc, but I would pay my credit card, my car insurance, and my car payments, and he would pay for his car insurance, his phone bill, etc. He lost his job recently though, so at the moment I’m paying the majority of the bills until he gets back on his feet.
Post # 5
we have one bank account…that should be an option on your poll!
Post # 6
I voted “each pay 50%”, but for us, that’s also proportionate to our income, we make almost the same amount (a could thousand different a year, but not significantly different salaries).
Post # 7
We both pay for a few things but really just because thats whats easier. For the most part we have a joint account. When we talked about going on vacation this year, it was the question of do “we” have enough money for “both” of us to go. It wasn’t a matter of him paying his way and me paying my way.
Post # 8
we have completely combined our money and expenses…we recently bought a house together (im moving in on our wedding night) so combining was the best way for us to manage our bills. so far its great. it may not be for everyone but we have good communication when it comes to money…and when we finally move in together, itll be one less thing to “get used to”
Post # 9
It’s all “ours,” I have never even thought about what portion is mine or his.
Post # 10
Updated poll to include joint bank accounts
Post # 11
We each contribute 50% of our paychecks to the joint account. For the last year, I’ve been making twice what DH makes, so it’s not equal, but it’s 50%. We’ll be reevaluating our finances a little this year, though, because he’ll be making about what I make. Not sure what we’ll be doing.
As the person who’s been the breadwinner this year, though, I don’t really consider the fact that I make more money to be a big deal when I put that money into household things such as, ahem, new baseboards, paint, etc. It just means more “fun” money for me on the side (aka makeup, clothes, etc)
Post # 12
We have a joint bank account then our own. We each in a way get an allowance that goes into our personal accounts every pay period. Then the rest of our paychecks go into a checking account. I handle all of our finances. I pay our bills and leave money for dinners and dates in our joint checking account and then move any left overs to 2 joint checking accounts. One is for vacationing and other is for important purchases- this year a wedding, next year a house 🙂
Post # 13
Honestly, I can never imagine combining all of our accounts and both drawing from it as long as we are both working outside the home.
I would feel uncomfortable for any of my DH’s money going towards something that I would be the only one to get use out of (my car, clothes, dinners with girlfriends…etc). That’s why having separate accounts works for us. As long as our joint expenses are covered, we can use the extra we earn however we want.
My concern comes in when money is gong towards joint “extravagances” which are within his means but beyond mine. I feel guilty for him working so hard to pay for things we both get to enjoy. Comparatively, he definitely works harder than me (much longer hours, much more stress). I feel like I’m taking advantage of him in some way.
P.S. Situation would be different if I weren’t working outside the home but I was taking care of the household/kids. That is a full time job as well, and deserves to be compensated.
Post # 14
My FH makes basically double what I make (I make NOTHING)…So if our monthly bills (mortgage,cable,electric,water) are $1400 he pays 900 and I pay 500.
He pays his own insurance, etc, and I pay my own car, insurance, etc.
He probably pays for 70% of our meals/entertainment, I pay for the other 30%.
I was just upset about this last night…He got a HUGE christmas bonus and is off buying all this cool stuff and it would take me months to save up enough to do something like that. I’m just jealous that I don’t have that kind of money I guess.
Post # 15
we arent married yet so we go 50/50 on everything. 2 more motnhs though and we will get our joint checking account and it is no longer who pay what but we pay it together.
Post # 16
This is a good question. My husband and I — newly married — have not yet combined our finances, and I’m not sure what we plan to do in the future. Currently, he makes about eight times more than I do so he pays all the bills. Of course, “all the bills” is on the light side since the house we live in was a gift to me from my parents, so it’s just utilities, cable, phone, etc. I don’t know if it’s fair to continue to let him pay for everything, since he also pays for all our vacations, groceries, our dates, and even some of my personal stuff (I have one of his credit cards in my name) and even my dates w/ my girlfriends. He hasn’t complained but I don’t know… I feel like I’m not contributing? He even pays for my dog’s vet bills, even though the dog was a gift from an old boyfriend. All my money goes into savings.