(Closed) Who Pays What?

posted 8 years ago in Home
Post # 32
Member
9950 posts
Buzzing Beekeeper
  • Wedding: September 2012

Once we got married we combined all our finances into one checking, one savings and one money market account; works well for us.

Post # 33
Member
1845 posts
Buzzing bee
  • Wedding: June 2013

We’ve been together for 8 years and our finances have been combined for just over 7. He makes about $10K more then me, but that’s never really been an issue. 

When we first met, I owned my own home and he didn’t, but he moved in with me almost right away. We tried the “you owe me this much this month” but that was way too confusing, so we just decided to combine everything”. Now we own another house that is jointly ours, and I’m much happier with this because it doesn’t feel like he’s just living in my home, it feels like OUR home.

Post # 34
Member
88 posts
Worker bee
  • Wedding: July 2013

In the past we’ve split rent 50/50 and utiliites (he took gas/electric and I took cable/internet) and then each paid our own credit cards and loans.  But with our wedding coming up in July, we’re currently combining everything into one checking and one savings account. The money will no longer be his and mine, but ours.  All bills including credit cards and loan payments will be made from our joint account.

 

 

Post # 35
Member
2564 posts
Sugar bee
  • Wedding: November 2013

We each pay our own personal bills and he pays everything else (I give him half for those). 

Post # 36
Member
2959 posts
Sugar bee
  • Wedding: May 2014

I pay mortgage, internet, food and household supplies. He pays all insurances, cell phone, and electric. I make more than he does.

Post # 37
Member
2116 posts
Buzzing bee
  • Wedding: May 2013

im having a hard time deciding on how to do now that we will be married. but we split everything down the middle. exept i pay car insurance (was my car before him) he pays the boat insurance (which is huge) .he also pays his boat loan too. i pay my own student loans (which are not as big but he pays more) we try to go back and forth on everything. hes out of town a lot so some times i have to pay all of rent and other times he does . im not sure what to do. i have my own checking and so does he. then we have a seperate savings.

Post # 38
Member
2490 posts
Buzzing bee
  • Wedding: August 2015

Everything is split 50/50. We split rent, groceries, utilities down the middle. We both just graduated college and have entry-level jobs, so our parents help us with car insurance and cell phone bills. He has a student loan, but it’s very small, and he pays that on his own. He usually pays when we go out to eat/go out drinking and I usually pay for the cat food/litter/supplies. As for furniture, I paid for the couches and he paid for the dining table/chairs. Most of the other things we took from home. We take turns paying for other things, and then we each pay for our own personal “fun items”.

Post # 39
Member
3415 posts
Sugar bee
  • Wedding: September 2014 - Lodge

We combine, its just easier.  We each have so much taken out of our checks and put into personal savings for our spending money.

Post # 40
Member
963 posts
Busy bee
  • Wedding: June 2012

We lived together before marriage and everything was separate.  We’re willing to have a joint account, but haven’t gotten around to it yet and still do it as we did before.  We split the rent, and then I pay gas/electric and he pays cable.  He pays all the car stuff (he’s the only one with a car; we’re in NYC so I don’t need one, but I do like that he can drive us places), I pay for my student loans.  We each pay our own cell phones/credit cards (we looked into doing a combined cell contract, but it doesn’t save money given how we have some stuff set up).  For groceries, nights out, the dog, its alternating/random.  I pay for most dog stuff (though he pays for most of the treats and the yearly check up), and he pays for most of our restaurant bills.  Its pretty easy, and there’s only one thing we really keep track of– rent (he writes me a check since the landlord wants it in one check, so I write the big one).  When we have some major expenses, I’m sure we’ll finally get around to setting up a joint account, but we do plan to keep our individual accounts as well.

Post # 41
Member
9 posts
Newbee
  • Wedding: October 2013

I recently moved in with my Fiance and his 3 kids (I have no kids). We will be getting married in about 6 months.

We each pay our own car loans, cell phones, and other personal items (gas, car repairs, haircuts, etc.)

For shared expenses, we took an unusual approach to calculating expenses. We calculated how much extra money I would have each month by moving in with him (utility bills that I no long have and extra income from renting out the house that I own). We then decided to split that gain in half – I keep half of my “gain” and he gets the other half as “rent and utilities”.  He remains sole owner of his house and I remain sole owner of my house. We each knew how much we spent on groceries and other household supplies before moving in, so we each spend about the same amount now. We discussed me just giving him that amount, but then all the shopping responsitility would be on him, so we each just pick things up as we need them, and try to stick within our personal budgets. 

Post # 42
Member
3459 posts
Sugar bee
  • Wedding: May 2012

We put each others names on our accounts (and got cards for the other), but neither wanted to give up “their” accoount so it’s all still quasi-separate.  We pay the same as before marriage:

 

He pays: Taxes, Homeowners fee, gas, electricity

 

I pay: Cable, insurance, groceries

 

It’s really that breakdown because I negotiated the cable when I moved in and it was a better deal to do it under my name.  He was paying the other bills for his place prior and I was unemployed (with free time for shopping/cooking, but grad school debt), so we didn’t change it.  We’re mortgage-free.  Now, he earns a bunch more but it’s kept the same because it doesn’t seem to need changing atm.

 

When we buy a house, it’ll change because we likely will need both to pay into to afford it.  Or if we have kids.

 

Post # 43
Member
3063 posts
Sugar bee
  • Wedding: November 2012

I used to pay electric, gas, car payment and most of the groceries. He would pay cable. We split rent. We both paid for our own phones. He paid for his own University books and other school-related purchases.

Now that we’re married and he’s now working full-time ( hejust graduated college! Yay!) we’ve combined our finances and both pay for everything. I prefer it this way.

Post # 44
Member
556 posts
Busy bee
  • Wedding: January 2014

I pay half the rent, half the groceries and he pays for utilities since he makes more money then I do.

I guess when we get married we will have everything combined.

Post # 45
Member
1476 posts
Bumble bee
  • Wedding: May 2012

I’m a sahm, so dh pays for everything.

Post # 46
Member
858 posts
Busy bee
  • Wedding: November 2018

@amazingbee:

He normally pays for all the bills and what not.  I pay for things like groceries, going out, and whatever extras we decide we want and can afford. 

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