Who deals with the finances in your household ?

[Coronacoronaprobs]

I’m wondering if our set up is normal? I do all of it bills, direct debits, applying for anything etc etc etc - it’s a lot.
Is this the same for everyone if their partner works? Does it fall to the person who doesn’t work to do all this kind of ‘admin’?
Feel a bit under pressure

It varies, I do some stuff, he does some
We try to ensure both names are on all the bills/accounts

Kids have left home and we have no mortgage so we don’t have much finances to fuss over. Husband pays the bills and I do the food and household stuff. All personal expenses : cars , insurance , pensions , golf membership etc are separate to each of us.

@Patienceisvirtuous I don't get it - it is a lot - do you have multiple investments? Huge financial portfolios? How is sorting mostly annual, direct debit-able bills a lot of work for the average household? I'm a working single parent to 2dc,its max an hour à month for renewals, plus a few minutes every couple of days checking the current account balance on the online banking app??

We both do but not really much to do once direct debits are set up and accountant has information.

I always do it as my husband isn't that great at it :)

Pretty much all him as I have dyscalculia and it would end badly

I do. DP is clueless and rubbish with bills, finance, budgeting etc. And I work 30ish hours a week ( he is ft) I think it basically falls on the person who is better at it. Also in my case it was my house before he moved in so all bills came from my account so we kept it that way, he pings across what I ask for each pay day and is left with a little for his own minor bills and fun.

I do everything. I tried to get DH to take responsibility for 1 bank account and his own car insurance but it all went tits up.

PP airily saying it runs itself obviously aren't in our situation. DH is paid 4 weekly, not monthly. Not only that it's a different amount each time. It can vary by £200. If I could budget to the lowest figure we'd be laughing, but that didn't cover all the outgoings (change of contract lost us over £50 a week with no warning).

Until recently we had a lot of credit card debt and such a tight budget it was almost a full-time job to keep up with.

It's sorted now but I have to keep a really close check so it doesn't get out of control again.

I used to know to the penny what was due when but dropped it all when I had cancer 10 years ago. DH didn't pick it up. It has taken this long to get back on track.

@lifestooshort123 you could be talking about my dp

I do. DH is terrible with finance. He has little understanding (only because he has no interest - he's an intelligent person) of anything finance related.
Both paychecks go into the current account and everything comes out of the same account. I keep an eye on our account and check the direct debits have gone out as usual. I do utility switches, insurance renewals etc. It doesn't bother me as it's not a lot of work and it means I know what's going on.
After payday I tell him I've transferred x amount to the various savings accounts and he nods along. Fortunately he's not a big spender, doesn't have expensive hobbies etc. I expect it would be different if our budget was strict and to the penny - I'd want him to equally shoulder the worry if that. We occasionally go through the budget together so he has some vague idea of the incomings and outgoings. The last time was when we were meeting with our mortgage broker when we brought this house just so that he didn't look clueless at our finances that was 2.5 years ago.

DH sorts the phone renewal, internet, Spotify and nexflix.

Op I understand about the pressure. DP has had a promotion and raise and I am reducing my working hours because of the amount of admin household stuff I have to do. I feel at breaking point and a bit resentful at times too.

I do it all. I like doing it and he hates doing it so it makes perfect sense for us.

DH. He's v good with numbers and finances. We both work full time and are both v much involved in the running of our home. We have different skills sets and we utilise accordingly. I'm the letter writer, for example

@Muppetry76

Maybe you are just more organised/accomplished than me. Or maybe it feels weightier than it is on top of everything else.

To be fair, I work in a senior mgmt role so my job takes up quite a bit of my mental capacity and I also have chronic anxiety. I guess running all financial admin is just another bit of life work that all accumulates.

DP deals with all the household utilities - switching to best deals etc- because he likes doing that kind of stuff. I sort out savings accounts and that kind of thing

I do it. I have always enjoyed it and it's turned into a bit of a hobby!
Also, DH has not got a good track record with finances (before me), so he's more than happy for me to lead.

Me I always have I am quite independent and lived alone for a long time.
We do discuss things and I am learning to share the load but I generally just get on with things

DH pays all the bills (most are DD).
I handle the investments (about 95% of my income is invested so it makes sense for me to do this). It doesn’t take a huge amount of time for any of it.

Fairly much even. He does jt acc and mortgage as he is a contractor and his income varies (I have access to both online cards etc) I do school, food shop did childcare vouchers holidays social life

Oh we both work

There’s very little financial management going on in my house. Everything is paid by direct debit so beyond checking the current account everyday to make sure everything is covered there’s nothing to do.

I’ll spend about 20 minutes every year looking at car insurance (car’s in my name) and every now and then we’ll both compare deals so utilities can be switched. I estimate it takes an hour every year.

I (female) do ours. I think it was for the very simple reason that my bank is in walking distance whereas DPs is 15miles away. So paying cash in or setting up standing orders (all before Internet banking) was easier for me to do, and I prefer it. I set up an extra bank account to pay bills out of, so it wouldn't mix with fun money and I would know exactly where we stood financially.

I work and so does he. I do it all as he is dyslwxic and dyspraxic.

Muppetry people have different skills and strengths, I find anything to do with technology a challenge, I don't understand Apps and find people are very bad at explaining how to download them, 'it's all so intuitive' is the usual expression. I don't find it at all intuitive and by the time you have accessed an account, remembered your password, log in etc etc it all gets a bit tedious and that's before you've even done anything .

I could make the point that I don't understand how anyone doesn't know how to knock up a Victoria sponge ... but I don't because I respect that we are all different.

I do everything financial except insurance policies. I'm much more financially literate and better at planning and saving. It can sometimes feel like a burden but it is not my husband's strength and I prefer being in control of our finances. I regularly show him where we are up to with everything in case I get ill or he needs to understand it.