To ask how you split finances if you work part time?

[Iamnottheone]

I have been a SAHM (a joint decision by the way) for the past five years whilst my children were little.

I have now returned to work part time and just wondered how people split the finances with dh/DP with this arrangement?

I only earn about 25%of what DH earns. I was thining that what i earn could be set aside for the extras like holidays, work on the house, etc? We share finances jointly pretty much anyway but don't want it to look like I'm not contributing to the bills, etc fairly. If it makes any difference, we are comfortable on DH'S wage alone, my income is just extra on top of that.

Yea I just save it or use it for incidentals, food shopping, days out etc.

Everything goes in one pot and we share it all equally.

I work 4 days, DH 5 since having kids.
Never once crossed either of our minds to change anything about our finances- i.e. all money is joint money and neither needs permission or approval to buy anything they like.

It always baffles me when people divvy up money rather than just having a pot when you're a family unit.

We put everything together, pay everything, have equal 'pocket money' that we spend as we wish.

All money is joint and our financial split is pretty similar to yours. DH pretty much pays for everything and my salary pays for our summer holiday, Christmas and birthdays, and savings for the kids going to uni. We each have a little bit spare every month to treat ourselves from our own account so he can’t complain about me buying a million new books and I don’t need to know he has bought another thing for his bike!

We both put everything in the joint account but both have an equal amount of “spending money” left in our own accounts to use as we please. We just find that the easiest way to keep track of everything.

But we need both salaries to cover mortgage and bills, so neither salary is “an extra” so to speak.

@MissMalice and @MrsTerryPratcett have the right idea IMO

Everything in one pot, and then - as finances allow - our 'personal spends' come, equally, from what is left after bills, savings, treats, etc.

I work 3 days, he works 5. Everything goes in to one account. We put a certain amount in shared savings and then transfer money to separate "pocket money" accounts to spend on fun stuff. DH insists I take a bit more to account for the "woman tax". He's a keeper. It's always been this way and was when I was on mat leave too. We didn't even consider changing it tbh.

We just consider all earnings to be joint. We occasionally touch base on if me working part time is working for the entire family. So far, we have all been happy with the arrangement.

We pool all income, then take an equal individual allowance from that pot each month.

Obviously, going back to work, the overall pot grew. Rather than just frittering it away we increased the amount we set aside for savings / holidays / etc accordingly. But because it's all one pot, there's no worrying about which income is contributing more to bills vs extras ifywim.

DH wages pay for everything. A joint account that we both have access to. My wages which are about a third of DH go in the savings account. We're saving for a house deposit so don't touch it. Any overtime or bonuses go in the savings account too, whoever earns them.

I earn something like 10x that of dw who works part time. However I did have 6 months not working last year. All our money is joint household income going into one joint account which we both have unfettered access to. Can't imagine operating in any other way.

"Everything goes in one pot and we share it all equally."

This ^^

All money is joint and goes into the same bank account which we both have equal access to. We discuss spending together especially if one of us wants something expensive to make sure we can afford it.

Not all contributions in our house are financial. I do most of the admin, cooking, cleaning, washing and driving.

Dh of 22 years earns twice what I earn. It all goes into 1 account which we both access as and when we need it. Wouldn’t have married a man who would have done it otherwise.

All finances are equal.

We only ever base our projections on one salary, and it 'aint mine.

We needed a new stereo last weekend, so I paid for it, this weekend we are buying a tv for the front room, so DS and his friends have a space they can play x box in and not always ending up at one particular friends house. His mother has the patience of a saint.

Anyhoo I digress, I will pay for that.

I keep an eye on the joint account, and if I think we are going to run short I will top it up from my account and if we don't I take it straight back and stick it in savings.

I wouldn't have the energy for a nickel and dime relationship, all money is joint.

DH earns about 25% of what I earn. He was a SAHD for a few years and now works part time. We have a joint account for both salaries and we've never considered doing it any differently.

We have two accounts because a very wise MNer once pointed out that if your back was ever to the wall, you have two lines of credit open to you.

We only have a joint account. Everything goes in. That's it!

Separate accounts and we split everything proportionally to our income. I basically pay 2/7ths of everything. If there is anything I’ve paid for additionally, I just transfer a bit less that month.

It works perfectly for us to keep our salaries paid separately into our day to day accounts and transfer savings every month to a joint account.

We used to share all money in one account but it caused issues eg dh spends more on his family at Xmas than I do on mine, I get expensive haircuts , dh goes up football a lot etc etc so we changed to everything in one account that pays all bills food mortgage etc , standing order for savings account and then each have a separate spending money account with the same amount in each month . Works really well

I earn about 1/3 of what DH earns. I pay for most of the groceries and everything for the kids except childcare. I also pay something like 60% of the mortgage (we have 2 mortgages, I pay the bigger one for no particular reason). DH pays the 'small' mortgage, childcare, insurance, household bills, all car costs and maybe 20% of groceries. Also holidays and things like wine that we buy in bulk, appliances and DIY stuff, the expensive stuff. But if I find myself skint, he just transfers me some money, no questions asked. So it's kind of irrelevant really.

We can’t “pool” our money because we both get paid in different currencies in different countries. So DH pays mortgage and other set bills, I pay for food, childcare,any variable bills and daily expenses