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Opinions on how we should split money?

27 replies

SinkingSwim · 23/04/2022 19:52

Hi.

My partner and I live together with our baby DD. He earns 28,000 a year and I earn 8000 a year as I only work very part time.

Out of my 650ish a month my outgoing bills are around 150, I also pay anything for our daughter such as clothes, little bits she needs through the month, baby groups etc and we split milk and nappies.

He is asking me to give him £250 a month to contribute, which I feel is a little steep for me as I would only be left with £200, giving me very little to put into savings etc.

I have offered £150, which would cover our food shopping however I have also suggested that he could cover all bills and then also my outgoings, and my 650 would be our 'play money' for the month, e.g clothes, days out, birthday presents etc meaning that we would also be able to save more as I would have money left and so would he.

Just wanting some opinions here as to what people think is the best option for us!

OP posts:
Izzy24 · 26/04/2022 13:49

jealousgirl · 24/04/2022 04:59

Dh earns 2500, I earn 1100. We list all outgoings - bills, food, petrol, child expenses etc. Take that figure off total wage , decide if any money is going in savings then we split the rest-
Wages £3600
Bills £3100
Savings £200
Left ££150 (each)

Isn’t this the most logical and reasonable way for all couples with children to work it out?

Wiaa · 26/04/2022 13:55

I should add that we don't actually split ours like this as we have a joint account for discretionary spending and savings. We discuss at the beginning of the month any plans we have like big nights out or needing new shoes/coat etc and just increase the spend budget for the month.

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