To ask - does your partner/husband know how much you earn or what you have in savings?

[MerryPinkCritic]

I’ve been thinking about how open people are with their finances in relationships. Some couples share everything, some keep things separate and some… don’t even ask.

So I’m curious, does your partner know what you earn or how much you’ve saved? Do you think it’s healthy to be totally transparent or is some financial privacy important?

Yes to earnings, and no to savings. He is aware I have some but not the amount.

No but he could, I do an account every month but he doesn't look at my bit. We have always had separate money and joint money.

Yes. We have separate accounts but not separate finances. He earns more than me and tops up my pension contributions.
We always discuss bigger spends of over £100ish unless it's the weekly Tesco shop.

Yes, he knows everything, but I don't really see why he wouldn't?

I earn far more anyway so he knows what's at risk if he takes a liking to the executive assistant, so to speak.

Yes, he knows my earnings and I know his.
Savings, he has a rough idea but doesn't know exactly, but if he asks, I have no issues with telling him.

Yes, and yes.

Except for an agreed (and equal) ‘do what you want with this, no judgement made’ amount each month for each of us, it’s all one pot in our house. We hold half of our joint savings each in ISAs for tax reduction purposes (also means neither could clear the other out if we had some moment of madness, God forbid).

We know how much each other earn because we work at the same company but we don't know how much each other has in savings and we don't discuss individual spending no matter the cost unless it affects the other person.

yes, savings and wage are both in joint accounts.

Same.

Probably not - but only through lack of interest rather than lack of openness. We have always had a joint account and joint savings and I've been very open about what I earned, which was usuallly around the same amount as him. He was self employed and I was a teacher. He isn't interested in money. He will say, 'Oh right', when I told him what was coming in each month. Are we getting by on what we earn?' and when I say 'Yes,' he's lost interest. He has equal access to all money, but wouldn't know how to log on to Internet banking.

He lets me deal with all finances.

DH knows everything because we share everything. Savings across our various accounts are all considered family money.

Yes, DP does know how much I earn, just as I know how much he earns. I’m not sure how it would be possible to compile a proper household budget without this information?

Savings & investments, no. He doesn’t have access to my accounts & I don’t have access to his. It’s not a state secret, and I would be happy to tell him if he asked, but as this aspect of our finances has always been kept separate, there has never been any need to discuss.

We have a rough idea of what each other earns and we discuss how to pay for any new expenses but we have our own accounts and pay for different things. We’ve been together a long time and have the same goals financially but I would never have a joint account or shared finances.

Yes to earnings, no to savings, but only because he's not interested he knows I have some. I also don't think he knows how much we have in joint savings despite having access.
We have a joint account that all bills etc come out of, and accounts for joint savings, DS savings, an account for DS childcare and spending and a slush fund for household repairs, annual insurance etc, I have a spreadsheet that calculates all of our monthly outgoings I enter our salaries each month (varies due to on call and overtime etc) , it then calculates how much we each need to pay in to leave us with the same amount of disposable income. I then distribute the money to the various accounts. I don't always spend all of mine so have separate savings, I think DH usually spends most of his.

Of course he knows what I earn. We sit down and work out budgets and savings plans etc together. I have savings in my name but he knows how much is there and the bank details etc, so if i died tomorrow he'd know where that money is and hopefully could access it quite easily.

Yes. Everything is an open book. He has a better head for figures than I do, including the ability to remember them without checking, so I'm certain he knows more about our finances than I do.

To an extent. He knows about everything but my emergency fund. Mum brought me up to always, always have my own money. Plus, if DH knew about it, he'd bend my ear about replacing items that can be mended. Don't get me wrong, I'm not a tightarse, I just prefer to fix existing items wherever possible.

My best friend's freezer broke down recently (we tried to get it going again but no joy) and I was able to lend her some £ from my fund. Had DH known, he'd be asking if she'd paid me back yet every couple of days.

Yeah, he knows all about the £330 a month carers allowance I get for caring for our severely disabled child round the clock. There’s not much to hide! Savings come from his earned income but we have equal amounts in both of our names. I mainly deal with our finances.

All money from whatever source has always been ‘ours’. For some years I did have my own savings accounts for some of my own earnings, since dh would have had to pay a higher rate of tax on the interest, but it was all still ‘ours’.

Yes he knows how much I earn and approx how much I have in savings. Prob not in my pension. I don't know how much he earns (that only just occurred to me lol) but could have a good guess. We have a joint account but mostly our money stays in our own accounts/investments save what we use for joint expenses which is in a JA

I don't see the point of financial privacy if you are married with shared children.

Yes to all It's all family money. I don't really understand how or why you'd want to keep it secret. Where you don't want to discuss savings what happens when the roof needs repairing or you want to book a family holiday?

Yes we have total transparency. We know exactly how much we each earn, spend and save. We discuss big purchases or let the other know before we spend big. We also both have the same amount otlf splash money allocated to our separate accounts each month to spend how we like. If we over spend we just use money from the joint account to top up. We also know where our money is invested and how much.

Yes to savings, rough idea of earnings. We've both been stung financially before, me by an ex who didn't pull his weight, him by a finance who hadn't told him about several tens of thousands of credit card debt she was looking forward to clearing after the wedding. Transparency on our situations was pretty important to both of us very early on.

We have a joint account we pay in to from our current accounts, we have a spreadsheet that has all outgoings/income so we know exactly what we are bringing in. We each have savings and know roughly how much but not exact. I know I have more 😂