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Pooling funds

51 replies

forgotname · 30/10/2023 13:51

I'm writing this following reading a few threads where posters do not pool funds/income with significant others and have been slated for it

We are recently married and transfer a set amount into a joint account each month. This covers mortgage, food, shared bills and anything ad-hoc we decide to do including paying off holidays.

We then keep the remaining of our salaries to do what we want. Do most people not do it like this?

Maybe i am biased because i am the bigger earner and more sensible with money... learnt from past mistakes where as OH is quite laid back about when he pays phone bill etc

Just intrigued really...

OP posts:
HaplessRhombus · 11/11/2023 10:01

We believe that we should each have the same amount of personal spending money per month for our own things. If there's any salary difference, "we each pay 50-50 of the bills" or "we each send X% of our salary to the joint account" don't achieve that, so they aren't fair in our opinions.

So we pool everything and then send a fixed amount to each of our personal accounts. Works well for us.

We are a team. We both work 9-5 in an office based job. If one is working harder at work, the other is picking up the slack at home. So if we’re both putting 100% into running the household, we don’t think it’s fair that one person has more fun money than the other just because their career path is more lucrative.

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