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How do you split your bills with your partner?

80 replies

Newmum8990 · 06/09/2022 10:10

My partner and I have just had our first baby! I’m currently on maternity leave and luckily we are fortunate enough that I can have around 13/14 months off with her.

I am returning to work doing 30 hours per week and I’ll be taking home £1777, to be precise. My partner takes home £2400

My expenses are higher (£165) compared to my partner (£60).

Our bills combined (taking into consideration increasing energy prices) is £1850 but we want to put in £1900 so we have a float for emergencies.

How does everyone split their bills with their partner, e.g. do you do a 50/50 split regardless of income? Or 60/40?

We were thinking of £850 for me and £1050 for my partner OR £900 for me and £1000 for my partner.

Intrigued to know how everyone works it.

OP posts:
mummy2boys53 · 15/09/2022 17:03

All our money just goes into one account. Everything gets paid from there and we each get the same amount a month for personal spends (clothes, hair cuts, drinks/meals out with friends etc) He earns more than I do but then I look after the kids/home so can only work part time. Since we’ve done it this way, we no longer argue over money….ever!!

wonkylegs · 15/09/2022 17:12

Ours all goes into the same pot, pays bills for house, family and us.
We do have a joint account but also separate accounts partially because we both have to have them in our names for work (I own my own company & DH has private work income which has its own account) but everything except presents to each other goes in the pot together. It's our family's money rather than his money and my money. We also have savings and shares in our separate names for tax purposes but we treat them as if they are ours jointly. We talk and generally agree about money so we've found it fairly easy.
DH earns more than me but only because my flexibility means he can, how do you quantify that? I have put large lump sums into our house / savings etc when I've sold property, had a bonus or big project but it's all in together.

speakout · 16/09/2022 16:24

Same pot- equal access to spending, no "pocket money" or levels set on personal spending.
We never argue about money, even though our earnings have fluctuated/stopped over the years- OH full time wage when kids were young- me nil
Me part time for years- OH full time
Now I earn twice what OH does- again same rules.
We each put in equal effort to our family, rewards and income are also shared.

orangina01 · 16/09/2022 19:52

We're married and all of both earnings go into joint checking or savings account. I earn less than a quarter of what my DH does but we both put it all in. Everything is shared. Has worked so far, past 18 yrs

speakout · 17/09/2022 06:36

orangina01 · 16/09/2022 19:52

We're married and all of both earnings go into joint checking or savings account. I earn less than a quarter of what my DH does but we both put it all in. Everything is shared. Has worked so far, past 18 yrs

It seems the only fair way when children are involved.
Not all household/family work can be shared 50/50.
Part time jobs pay a lot less than full time generally, so at least one parent needs to work full time. Not all parents have family support, and childcare is expensive, so often ends up one parent giving up work or working part time.
We had no family support and my OH was the higher earner, so I gave up work completely for several years. My OH was often working away and I kept the home running, cared for our children. I worked hard and so did he- but he wouldn't be able to do his work and earn without me looking after our children. So his earnings were our earnings. No question.

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