Dh managing finances

[Choccoluvva]

Hi,

my dh manages our finances/ bills. I’ve got my own current account and can spend what I like so I’m not controlled or anything like that, however he sorts our the household bills, switches to better deals, sorts mortgage etc.

is anyone else in this situation or do you do all of this stuff?

Other way round. I sort the finances.

dh has his own bank account and gets his spending money paid into there.

I'm all for people in relationships playing to their skills, so if someone is minded to pay better attention to switching deals and checking budgets etc then it's good that they can oversee that.

Are all the accounts in both names? Do you know where the payments come from, have access to the information?

If dh dropped dead tomorrow could you manage to sort these?

I agree with @BernadetteRostankowskiWolowitz
If it works for you both, and as long as you know enough to manage it if you had to, I don't see a problem with it.
If one partner felt lumbered with it and was a bit stressed, or the other partner felt excluded and like they didn't have any input on financial matters that would be different.

I do it all. DH used to but I took it over a while ago as I had more time. I like it because I make most of the decisions and just quietly do a much better job.

DH can't be bothered even logging into our accounts, but has as much access as I do.

I've automated most of it so it doesn't take much maintenance.

Other way round for us.

DH transfers his salary to me, less his agreed spending money. I then allocate to which accounts it needs to go and pay bills etc.

He has no idea how much money we have or where it is, just let's me get on with it.

I keep a spreadsheet so if I drop dead he can take over. It's not complicated but he just can't be bothered and I do all the admin as I am SAHM.

I do it all in our marriage.

It's fine for him to take the lead but please do make sure you understand everything. Due to my job I've seen the frankly devastating consequences of women not understanding their personal finances. I also have an exh who asks me for help because he doesn't understand things

DH mainly deals with our finances, but I am consulted, involved and if I get concerned at all about money we have a sit down to go through it together. We also sit down together every time rebudgeting is needed.

We have a spreadsheet.

Same. I do have a spreadsheet which I have shared with him, but I don't think he ever checks it.

I'm not even sure he has online access to all our accounts - he would have been sent the details to sign up, but I'm pretty sure at least one of our accounts he hasn't bothered with.

DH does all the household finances/ bills as he has his own company and manages the money coming in according to what sort of month he's having. We each manage a car insurance policy after a few years ago I realised he had put all the car insurances under his name, so I had lost all my No Claims Discount entitlement!

However I manage a rental property and our family savings and investments and move money around/ recommend people open ISAs etc as I'm more attuned/ interested in it.

We're both equally capable of doing it though (have economics/ business degrees and background).

I do it all. I'm much better with money and keeping a handle on it all. We each get discretionary spend every month but aside from that DH is a bit clueless. Occasionally I run him through 'the spreadsheet' but his eyes glaze over quite quickly.

I do most, have access to all.
Dh has a hobby that generates some income which usually matches expenses, that is 100% his account but I see it and have access to it on our bank site.
Dh also has a retirement investment plan that I ignore, he occasionally takes money out. I’m aware of it, but never logged on checked on it.
I’ve recently taken over my retirement investment plan from the bank group, so self manage my investments.

Same for us. DW would rather eat smashed glass 😂

Our salaries go into our own accounts, and our contributions to housekeeping into a joint account by direct debit as a % relative to what we earn. What's left is our own.

She has access to absolutely everything and could easily pick up the baton if I'm hit by a bus.

With my parents, my mum sorted it all.

My husband deals with all bills and financial matters.

I deal with it all. DP's involvement is restricted to minor annoyance that they have another account opened in their name!

DH deals with ours as I struggle with financial stuff I dread having to do it myself one day as it really confuses me. I was massively in debt when we got together 6 years ago but with him managing it rather than continuing its upward trajectory it's almost clear now

My DH is an accountant so he does it (spreadsheet etc). But I’m involved in budget setting and pay some bills, there is very little in our personal accounts, most of our cash/investment income is in accounts we both have access to and can view. Mortgages etc are discussed carefully and the numbers done together before we sign up to anything.

I do it. We have a spreadsheet that varies slightly every month depending on birthdays, purchases etc. He checks its OK every month and that he doesn't have anything to add. Our money is in one pot. What's left after expenses is halved.

I deal with it all in our household, dp probably doesn’t even know who our mortgage and insurances are actually with. Some people just genuinely aren’t interested in the details.

Dh does it with his “systems”.

Most of the investments are in my name though, so I doubt he’s diddling me.

I take on the finances, by DH does the bulk of the cleaning.

It plays to our strengths and honestly our perceptions- I get annoyed if money is needlessly wasted (I.e couldn't even be bothered to do a quick google for cheaper prices/discount codes) while he gets annoyed at the house being messy (when it's not really).

Works for us.

We have separate finances, worked out to have the same disposable income each.
DH pays all household bills, I don't get involved. I pay for food, child related costs etc, he doesn't get involved.
We each have out own savings, investments etc.

I do all the finances. We pool all our money together for everything. Have joint savings. And seperate cards for spends but all paid out of the one pot. Periodically go through everything with DH, where stuff is and where I’ve moved our money around to earn better interest etc but his eyes glaze over and he’d rather leave it all to me. As a trade off he does all the cooking and laundry.

I do all the finances. I'm an accountant and love a spreadsheet. My accounts are so complex, I actually do P&Ls for our personal accounts and have a cashflow forecast for the next 15yrs.

We have fully joint income and credit cards with £200 each pm personal spends in our own Chase accounts to do with as we wish.

We have the same goals and DH has access to the joint accounts but he doesn't bother. He asks for an overall balance and is happy with that.

That sounds amazing. I want that spreadsheet! 😉