It's a budgeting /money one.

[Fressia123]

I get paid monthly, DP gets paid weekly. Does his salary goi into the running month or the following month? (So far I've figured out a bit of both, but maybe there's a better way?)

Also (simar to the other threade bit not quite) how do you divide the left over? We do have takeaways /eat out so I'd give that budget. But what about clothes, long terms holidays? What's a decent % for those?

TIA !

How long have you been together?

In those circs I'd use the monthly pay to set up all the bills against - have them all direct debit. At the end of the month anything left is swept into a savings account.

The weekly pay is then used for day to day spends like the weekly shop, petrol, takeaways etc.

If you each want to have your own personal spends, work out how much that would be, and either drip it in weekly from the monthly salary or take it weekly from the weekly paid salary.

We've been together for a while, he have a baby, own a house etc... But it's the first time (in a while) that we have enough money to actually save it.

My salary can cover almost all our fixed expenses including things like petrol and groceries. In a way his salary would be more for the extras. Most things come from our joint account apart from a couple that have been difficult to move over.

Put all income into a joint account and pay all joint costs out of there. Maybe put day to day spending like food, petrol, family days out, on a cashback credit card instead of spending from the joint account and set up a direct debit to pay the credit card off in full every month. If you have a reasonable surplus, after a while how paydays fall become irrelevant, you just build up a float in your account that ebbs and flows.

Move some money into a savings account to earn a little interest, although it's barely worth it these days, if you had £10k in savings, the best you can hope for in interest is about £100 per year.

For personal spending, split what's left after all joint costs including savings for annual and irregular expenses like Christmas, insurance, broken cars, pets and washing machines, plus general savings to account for loss of income or big purchases and send this to a personal account each so you both have some spending money that's just for you to cover clothes, lunches out etc.

Thanks @BarbaraofSeville we more or less do that. Unfortunately given some past credit card use, a credit card isn't an option.

We don't splurge per se BUT we do need to keep track of all of our expenditure or we might end up in a bad financial place. That's why I line blocking money as soon as it comes in but I'm struggling to figure out how much to put in each pot.

Once you've accounted for all the essentials, plus some savings and are down to non essentials like clothes, holidays, takeaways etc, it's a matter of what matters to you. Percentages are meaningless because everyone has different incomes, fixed outgoings and priorities.

Same for other non fixed costs like days out and even grocery shopping. You only have to look at any 'costs of food shopping' thread on here to see that the amount varies enormously with some families spending many times more than others depending on what they buy and where they shop.

Maybe go back to basics and have a look at the moneysavingexpert money makeover to maximise your income, minimise your non negotiable costs and make the most of what you have left over. Also sign up for the weekly newsletter for ongoing hints and tips about making your money go as far as possible.

Yup, everybody has different priorities, but I'm guessing I'd like to know what's a decent amount to "save away" (for emergencies). I more or less do what MSE says . We just rollover our savings but it's very easy to blow them of you don't block them away (and have an idea on how you want to spend them).