(Closed) do you blend finances or split down the middle?

posted 8 years ago in Money
Post # 31
Member
2319 posts
Buzzing bee
  • Wedding: October 2011

We have seperate accounts and we plan on keeping it that way for awhile. I pay a fixed amount for rent each month and we take turns buying groceries, paying for eating out, etc. Fiance pays about 80% of the bills and I try to chip in wherever I can! I’ve got it pretty good! 

Post # 32
Member
1675 posts
Bumble bee
  • Wedding: October 2010

A little bit of column A, a little bit of column B. We have joint savings and chequing accounts, and separate savings and chequing accounts. We pay our mortgage/taxes/homeowner’s insurance out of a joint account. As for the rest of the expenses, we just kind of divied them up when we first moved in together and they’ve stayed that way (I pay the cable/phone, he pays the gas, water, electricity etc.).

One thing that I think is important to keep in mind if you aren’t fully combining your finances is that expenses should be proportional to income. Darling Husband makes 2x what I make, so he pays 2x more than I do in expenses each month. If we just split it 50/50 then at the end of the month he would be rolling in money and I would probably be overdrawn on my account.

Post # 33
Member
768 posts
Busy bee
  • Wedding: April 2010

we are completed joined with personal accounts. I have a separate business account, obviously.

Darling Husband was basically unemployed for the summer while he transitioned to a new job. For those that have split finances and split bills, what happens if you (or SO) lose their job?

Post # 34
Member
344 posts
Helper bee
  • Wedding: July 2013

We haven’t combined yet, but we have discussed combining after we are married. When we are married we will most likely combine completely.

Post # 35
Member
1199 posts
Bumble bee
  • Wedding: November 2011

We got a joint account when I “officially” moved in a year ago.  FH didn’t want me to pay anything towards his house until we found a renter for my condo.  Before that I think he paid for most meals out, and we’d take turn buying groceries etc, but we didn’t keep track.

We basically make the same salary so we contribute evenly to all our expenses.  We do still have separate accounts we use to pay car insurance, car payments, student loans, etc., stuff that just isn’t ‘combined.’

Post # 36
Member
39 posts
Newbee
  • Wedding: May 2012

My Fiance and I split everything down the middle and keep separate accounts for now but we plan on completely combining finances after the wedding.

Post # 37
Member
5993 posts
Bee Keeper
  • Wedding: May 2010

we dont do either of these – we have separate accounts and he pays the household bills, i pay for furnishings/vacations etc and whoever does the shopping (usually me) pays for groceries

i would never accept splitting the bills down the middle – its not something he would ask of me, if it came to that we would combined accounts

Post # 38
Member
1359 posts
Bumble bee
  • Wedding: June 2012

We have a joint savings/checking and we each have our own credit cards. If I ever wanted to surprise her I could put it on my credit card and she wouldn’t be able to see what it was and vice verse. To be honest though I keep track of the money more so she probably wouldn’t notice anyway. : ) It’s very easy and simple and we really have no concept of “mine” – everything is “ours.” I wouldn’t have it any other way.

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