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How do you and your husband/partner divide income/bills?

39 replies

whitewine29 · 07/11/2015 15:05

I have only been married a year and have never shared with a partner before, but basically my husband moved into my rented home and so all the bills ect were already in my name. I only work part time and he works full time and i have a 15 year old son from a previous relationship.
What i want to know is how people divide their money/income and bills?
At the moment he gives me approx £900 of his £1400 earnings, I earn £700 so basically i pay for everything out of that money ..£1600 ... the rent bills food, holidays presents everything. He pays his car, insurance petrol, food and work and his debt from what he has left.
Do you think this if right? After everything is paid im basically left with £400 for petrol, food, clothes , christmas, car repairs ect ANYTHING that needs paying. I say at least he has his "own" money because even though theres £400 after bills thats not for me thats for the "house and family".

I dont know whats the fair way to do it? He does work hard and hes never lived with anyone before but i feel like hes still got his single head on and not working together as a family. I due our first baby soon and thinking is he expecting me to pay for all the baby things out of the house money?

OP posts:
Manopaws · 15/11/2015 21:40

Silly question but does your sons dad pay anything towards his upbringing? Or do you presume that your new husband should give you more housekeeping for the boy?

expatinscotland · 15/11/2015 21:49

All in one joint account here.

simplydivine05 · 15/11/2015 21:54

Joint account for bills that we pay into. Do earns double what I do and I deal with childcare while being self employed full time. He pays in more than double. We both pay our own phone bills. Car insurance, tax, mot comes from joint account. He pays for diesel although I have the car. He also pays to run a motorbike for his commute. I pay for food. We have about the same each in savings and big purchases are usually made by him as he has a larger disposable income. I tend to buy clothes. He pays for meals out, days out etc. We never work out if it's fair pound for pound, we both feel it is and that's that. We jointly own the house although he put down a larger proportion of the deposit. We are planning on expanding our family (I have a son from a previous relationship but that's it). We've done the sums with regard to maternity leave etc. We are both saving up for larger purchases but most of my savings will have to be held back to cover my missing salary.

JemimaMuddleDuck · 14/12/2015 20:28

All into one account. Bills come out of that account.

Neither of us are big spenders and always ask each other if we want to make a big purchase.

MissLanaBanana · 14/12/2015 20:33

Dh transfers most his wages into my account on pay day.he earns about twice what I do. He pays a couple of the house bills with what's left and has about £100 left which he keeps for spends when he has his day off with the dc and I'm working. I pay the rest of the bills and transfer some into savings. It makes sense as I'm the one who works pt and does the shopping/buy dc clothes etc. Has always been this way since dd was born when I earn nothing for a few years.

BessieBlount · 14/12/2015 20:39

Everything goes in and out of one pot. This is despite the fact that DH earns 5x my salary.

If you weren't pregnant I'd say talk about it with him but let him come around to it gently, esp if the house is in your name only. However, once a baby comes into the equation, equal access to all household monies is the only way to go.

Lilmisskittykat · 21/12/2015 22:22

We are only recently married. I have my own house (mortgaged) oh earns around 10k more than me.

We split the bills in half fit the house. Anything else gym membership, phone contracts, credit card bills car costs insurance etc we pay from our own wages. I also buy the food for the house from my wages

It's not how I'd do things I'd throw it all in one pot, but I think with him earning more he doesnt think this is fair and he wants to keep his own money to use as he wishes... and I'm happy to keep the peace.

peggyundercrackers · 21/12/2015 23:09

We aren't married and both have our own accounts. I pay for everything, DH doesn't pay any bills at all and keep his money and I keep what's left from my salary. We never fight over money or hide what each other has though.

From what you have written it doesn't sound like he has a lot of money left over after he has paid his car, insurance, petrol, food & debt from £500.

redgoat · 21/12/2015 23:38

All money is 'our money'. I get paid monthly and DH gets paid weekly. Our wages go into 1 account and all our bills come out of that account. The mortgage and most bills come out of my wages, some bills and our weekly expenses come out of his. We have weekly standing orders into our own accounts - £75 for him and £150 for me. However I pay for all our food and my own fuel, he pays for his fuel and his odds and sods. Works for us. I am our family's 'money guru' as he is shit with money.

CountryLovingGirl · 24/12/2015 22:18

We have been married 18 years next year and we bought our first house 19 years ago (I feel old). I was working full time back then. We decided upon a joint account. Both salaries have always gone into this account and I have the direct debits coming from this account. Any left and I split between savings and spending (food, fuel, entertainment, clothes).
I have been part time for 11 years now so my salary has gone down (I was the bigger earner) but we had to rely on childminder/nursery childcare so we had no choice. I wanted time at home too.
Anyway, I am going full time in March so my salary will be 70% above his. Childcare has dropped dramatically and our mortgage is not too far away from being finished...happy days!

Paperblank · 01/01/2016 17:38

We each transfer 65% of our wages into our joint account and everything comes out of that, bills, savings, food etc. DH tends to manage this account (brilliantly I might add as finances are his forte)

The remaining 35% is ours to do with as we please.

notquiteruralbliss · 01/01/2016 19:13

All goes into a joint account and we both spend as we want to. I do like the idea of siphoning off money for bills / savings etc though.

Heatherjayne1972 · 06/04/2016 19:09

When I was married we each had our own current accounts and a joint bills account where all the DD came out of. We both had a standing order for half each
No way I would have put my wages in an account where he could get to it ( he was very bad with money)

Terrifiedandregretful · 11/05/2016 21:42

Joint account for everything. We each take an agreed amount out each month for personal savings. No need for any complicated calculations this way!

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