How do you manage income as married couple

[Richesme]

My husband earns above average salary whereas I earn minimum wage. I asked him once if I go full time if he can help me with the house work and he said we’ll go halves in everything. We’re gonna do joint account and £1000 each in it where our expenses are paid out from, and if any left for investments. Since he will have above £3000 after the £1000 he put in sharing account, I am left with £500. He sees this fair. I don’t know what to think about it.

Married for 5 years with a toddler

50/50 here ‘ no kids and I’m the higher earner - we have about the same disposal as I’ve been saving hard towards retiring at 55

All money into one pot.

For many years, it was only his wage in the pot as I was a SAHM, keeping the house afloat, us all fed and the children sorted whilst he worked hard to move up the ladder and provide for us all.

Im now working, albeit part time and a low income (both happy) and still it all just goes into one pot

This for us too

Everything goes into the joint bank account and we each draw from it for whatever we want or need . It's been like this since we got married 43 years ago . Works for us but l can't imagine my Dds doing this with their Partners .

Dh earns about 150K I work part time on minimum wage. he pays for everything and I pay what I can, I buy the bits and bobs for the dc and random like Spotify, Disney+ and other stuff we might need. He would never allow me to give 3/4 of my money over and be left broke while he had thousands. Also if that was the case I would have left years ago and made it on my own.

They are not putting in the same effort at work. As a woman I wouldn’t work for years getting qualifications and taking on extra responsibility in work to hand all the fruits of that to a man. And I wouldn’t expect a man to do that either.

Separate bank accounts plus joint account we live from.
Joint account covers all family and life expense. Personal account is for buying things solely for us or presents for our respective families and managing our own savings.
When both in employment we pay proportionally. In my old job my core salary was less than my partners but if I got a bonus it was the same. Our monthly standing orders were based on my core salary and I think the ratio was 45:55. If my bonus meant I earned the same I would pay a lump sum into the account so annually we had paid the same
I'm currently out of work and only my partner pays into the joint account

We do percentage basis worked off a monthly budget.
So salaries get paid into individual accounts. We then each transfer a percentage of the monthly budget into the joint account - currently is 70% DH and 30% me. Joint account covers everything children related and house related, my car and insurance for it (as DH's has a company car) and joint saving (Christmas, holidays, decoration budgets)
Whatever is left over is up to individuals what they do with. DH does get more left over as he earns about 2 times what I do but % wise it is equal what we have left of our own spending.
DH tends to spend more of his left over on house DIY or things he wants to do to the house than I do but I don't have much left after my expenses etc.

We started with this but then found we were asking each other if we could spend a certain amount incase the other one had already spent it. Suited us to have our own equal amount each week

But how does this work if you live apart @Confusedhormonal ?

All in one pot and we get the same amount for personal spends. The amount for this has varied over the years as has who has been the highest earner.

Yep we consider all money both of ours. Mortgage paid, all bills paid, a fixed amount goes onto a joint account which we both have a card for for daily expenses such as food/fuel/household goods/cat stuff so it doesn’t matter who pops to the shop/takes the car/orders the cat food. Then we both get a fixed amount each for fun money (£500 as we are high earners). Mine goes on hair/nails/clothes/socialising. DH has a coffee habit and saves his towards gaming equipment. We put £350 per month into a short term savings pot for yearly expenses like the car service or Xmas so the money is ready and waiting for those costs. Then the remainder we save, having regular discussions over what the plan is for savings e.g. which account gives us the best rate, can we afford a big holiday next year.

We both get paid into our own accounts. He pays big bills as he earns more and I pay smaller bills, kids lunch money etc. We take turns paying for shopping, take aways etc. We both cook but I do most cleaning just because I'm home more. He does do cleaning at weekends. We share parental responsibilities.

Your husband's suggestion is obviously unfair. You should both pay into the family pot in proportion to your incomes or, alternatively, you both put all your salary into the joint account and you each take out an equal amount of personal money to either spend or save.

All our money (his wages, universal credit top up, child benefit) goes into the joint account. Everything bar the kids pocket money goes out of that (I transfer that to my monzo account which is lonked to their accounts). We dont have 'his' or 'her' money. He wants tobacco? Use the joint account. I want to buy something for me? Joint account.