To wonder how many couples have shared finances or separate? Let's do a vote

[LieLikeALoungeroomLizard]

To see how common it is

Reason I'm curious us because two very good friends of mine come off considerably worse from non shared finances
Even the one who is married

My personal situation is shared finances and both have a certain amount of spending money each month for extras like going out and buying clothes we want but don't need etc
And it works so well

Anyway let's poll

Vote

Yanbu for, we gave shared finances
Yabu for, we have separate finances

Depends on circumstances. I don't think inherited money should be shared.

@trappedsincesundaymorn

If 50\50 contribution
But no idea how much this works out as a percentage of each income

It’s a 50/50 towards expenses
But potentially far from 50\50 personal

Joint account to pay bills, then separate accounts too.

Big spends are normally agreed upon, like redecorating or a car. We share if one doesn’t have money for any reason though.

We just pay roughly about the same on bills so I take care of x and he pays y. Sometimes I pay shopping, sometimes he does.
Dinners/drinks out we pay whoever, we don't keep track.
We don't have children so I guess that makes difference.

I'm divorced but I never had a joint account when married and never would. I like to keep my own finances.

We have both. A shared pot but our own accounts.

Not answering the poll as that isn’t an option, and I don’t want spammy emails from MN.

DH earns about 2.5 xs what I earn.

Both wages go into our joint account. We each then get the same amount into our personal account for spending however we want.

Socializing comes out of the joint account as do family/friends birthdays, savings etc

OP, but you don’t even have shared finances

If you have a certain amount each for clothes and ‘whatever you don’t need,’ then that’s not joint finances at all - It’s semi-joint finances.

We just spend from one account as we need and as the kids need. I’m SAH anyway and have been for a long time, but even if I was working, we’d have no truck with any personal spending money malarkey. We don’t need to feel guilty or hide spending from each other, nor would we feel like we need to do it secretly. If I buy things it’s because I deemed fit to do so and vice versa and that’s the end of it. Neither of us monitor the other’s spending habits, so why would we need separate accounts for certain things? Sounds like pocket money to me.

Shared money here, totally mixed, no personal spending money, we just use what we need.

DH earns roughly twice as much as I do. It was more him and me pushing to combine the money.

I do the accounts and move money around for investment and savings.

Married, equal salaries, no kids.

We put an equal amount into our joint account each month which covers everything, mortgage, bills etc and food. The rest of our money stays in our own accounts and we have nothing to do with each others finances.

[quote Whatawaytogo]@trappedsincesundaymorn

If 50\50 contribution
But no idea how much this works out as a percentage of each income

It’s a 50/50 towards expenses
But potentially far from 50\50 personal[/quote]
As long as the bills are paid I'm not bothered how much he has left. As long as I have enough left for what I want why should I care. If he has more than me good for him, if it's the other way around then hooray for me. If i want something but can't afford it then I either don't get it or I save for it but either way it will come out of my money not his.

We earn similar amounts and have our own bank accounts. We also have a joint bank account that we each pay the same into to cover the cost of monthly bills. Other purchases through the month ie food shopping, household purchases we keep a note of and even it up at the end of the month. So pretty separate in answer to your question. Cohabited for a number of years and recently married.

Both our salaries go into the joint account. Bills and savings come out, big purchases are discussed and we both have access to the account which we check regularly.

We both have a set amount each month for our own spends. Which ideally will be lunches, sports/hobbies and non essentials.

If our monthly money doesn't last we both will go into the joint account but will check with the other out of courtesy than anything else, but we find it makes us think more carefully about our spending if we need to check.

Shared here. I make 3.5 times what my husband makes. We've been together since my early twenties (his late) and at the start he was making more than me (in my forties now). I always pictured my life this way, with a partner I share everything with, so couldn't really see us operating any differently. Totally understand that other couples have other ideas on this.

Presumably earn or at least spend similarly

As I suspect the scenario where he’s going away for incredible weekend holidays that you can’t afford; wanting to get very expensive takeaways; driving a top of range jag, never denying himself anything - well, possibly a little tense sometimes

And meant to add, I never resent him spending money on anything for himself, but do but a bit grumpy big he was a view on what I spend money on. Doesn't happen a lot, but he is very careful with what he buys and hates waste (in a good way). I'm not so much like that.

*get a bit grumpy if he has a view

When we moved in together we made DH's account the joint account and my wages were changed to go in there. I kept my current account for a while and then closed it.

All of our finances are fully shared. He has a savings account attached to our current account that only he can access - gives us a higher interest rate - but when I ask how much is in there he happily tells me/shows me. Likewise I have an ISA in my name that he knows how much is in (the joint account donates to it monthly!).

Anything personal we want/need we buy. Larger purchases are discussed in a 'do you have an objection if I get' kind of way.

We got a joint account because I didn't want to have to ask for money when I went on maternity and also didn't want to have to say I couldn't afford to go out in an evening. At one point in our marriage, I earned more money. Now he subsidises (!) me as I work part-time which has been a family decision. We have never argued over money (or the lack of it!). Complete transparency.

We live together. I pay for the food shopping. I don't know what he earns but he pays the rent and bills.

I suspect I earn more then him and rent my house out so have more disposable income and pay for treats and breaks away.

We never discuss money.

@wendywoopywoo222

We live together. I pay for the food shopping. I don't know what he earns but he pays the rent and bills. I suspect I earn more then him and rent my house out so have more disposable income and pay for treats and breaks away. We never discuss money.

You earn more than him and you rent out a property so have rental income HE pays rent and bills. And you pay for food shopping

How big is your food shop or how small is your rent and bills!

We are retired and have chunks of money in lots of accounts, some in joint names, some separately. I am a standard rate tax payer, DH is higher so it makes sense for me to have the rental income from BTLs etc, but we 'own' it all equally.

We share the bills, but don’t have a joint account. Works for us. At the same time our money isn’t separate eg meals and days out etc it’s just whoever.

We take the same amount of 'spending money' each and keep that in our personal accounts for our own clothes, toiletries, socialising with friends etc

Everything else goes on one pot and we pay bills, put savings away, buy household shopping and go on holiday with it. Xmas and birthday presents for family and friends come out of the joint money too whereas gifts for each other come out of our own spending money.

shared AND seperate here... how would I vote?

We were separate through a house buy and marriage but joined money when DS arrived. It works well for us and it helps we both earn similar amounts. Regardless, I'd hate for one of us to be able to afford the latest phone (or whatever) and the other not.