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Splitting bills

3 replies

OnlySams95 · 11/12/2023 01:59

Hi everyone, I’m just wondering what the fairest way to split bills is.
Im going back to work and will be doing 4 days and earning £10.80 per hour, 35 hours a week and my partner does shift work and earns £14ish (pennies not known) per hour and does 12 hour shifts, 4 on 4 off

We both have seperate bank accounts but have a joint one that is solely for bills. This includes everything such as mortgage, car, utilities, right down to food and tv lisence.
Prior to my maternity leave, where I was working 5 days, we both contributed exactly half each into the joint account. Now I’m working one less day and the bills are higher now due to rising utilities costs and our new higher mortgage rate.

Since I’ve been on maternity my husband has paid the entire lot, I’ve contributed nothing to the joint account. This was his idea. He said due to my little wage, I pay for the treats, such as coffees when out, meals out, cinema, activities etc.

Now back at work , I’m the one who books MOST, not all trips and days out, does the treats and pays for my son’s clothes and other
things. My husband is an amazing saver, which has helped us out big time, but this is where the majority of his disposable income goes, he doesn’t buy himself much or see friends often and doesn’t smoke/vape and barely drinks, so doesn’t spend a lot.

Basically I’m asking what would be the fairest way to split the bills, should we go back to exactly half? This can be seen as fair but is unfair in the sense we’re both not contributing the same percentage of wage, I will be contributing much more of my wage and will be left with much less disposable income.

Or should we both contribute the same percentage of wage? This is the opposite of the first one. It’s seen as fair as we’d both be contributing the same percentage of wage and have the same percentage or wage left.

Any other ideas are very welcome

OP posts:
Aquamarine1029 · 11/12/2023 02:09

Why does there need to be any split at all? You're married, you're a family. Put all of the money in one pot and pay the bills. Why does there need to be "his money" and "your money?" All of this faffing over who gets more, who pays more is just ridiculous. You're married, so what's his is yours and what's yours is his. In my opinion, and legally in most places, that's what marriage means. Otherwise, what's the point in getting married?

I am well aware that some married couples are happy to have completely separate finances. That's lovely for them, but that would not be acceptable to me. My husband and I are a team, in every sense of the word.

MilkChocolateCookie · 11/12/2023 02:15

We pool all money. But if you're going to have separate accounts, then percentage is fairer IMO.

Also anything for your DC needs to come out of the joint account too.

BarbaraofSeville · 11/12/2023 06:20

Get both your salaries paid into the bills account. This pays for all joint costs like mortgage, bills, groceries, childcare, DC clothes etc.

Separate it out further by 'pots' or moving money to different accounts if you want to budget/split money for essentials/non essentials/short term savings for annual/irregular joint costs.

Then send an equal amount of money to your own personal accounts to cover personal spends and savings.

The above gets you away from your current situation where his money goes on paying off the mortgage and building up an asset, or is saved, in his name presumably, which could leave him in a much better position should you split, especially as it's not clear from your post if you're married.

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