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How would you divide the bills if you have different incomes?

79 replies

DrTrillianAstra · 06/03/2009 13:39

Just wondering what you all think is the best way to divide household expenditure.

DP and I are both just finished studying and are job-hunting, and it seems likely that we will end up earning different amounts. Up until now we have had identical incomes, so we have contributed equally to the joint account, which pays for rent, utilities, and food.

I want to know which of these scenarios you think is fairest:

A) Contribution to joint account is as a % of take-home income, so (for example) half my wages and half DP's wages go into the joint account. So whoever earns more contributes more, but also keeps more.

B) Each person gets to keep the same amount, so whoever earns mre contributes more, but both have the same 'disposable' income.

C) Something in the middle of A and B (not sure how to work it out)

D) We each contribute the same to the joint account, because we're both eating the food, both using the electric, both living in the flat (this is not really an option, so don't choose it okay?)

We don't have children so there's no issue of childcare, SAHPing, etc.

Thanks!

OP posts:
Hulababy · 06/03/2009 22:01

We couldn't do A. I earn about 10% of DH's wage since changing jobs. But I did thid as a joint decisionw ith DH as a result of a range f things, part of which was childcare for out 6y DD and also looking after things generally in the house etc.

oldcrock · 06/03/2009 22:01

Similar situation to SazzlesA here - if we pooled the money, it would all be spent straight away by dp! Therefore, we both pay an equal amount into a joint account which is used to pay all the bills (we each earn about the same amount).

harpsichordcarrier · 06/03/2009 22:03

B
I think it would be very very weird if you had a different standard of living to your partner/husband

tigerdriver · 06/03/2009 22:09

haven't read the thread all the way through (sorry) but:

I am main breadwinner, I pay the bills, mortgage etc but expect DH to pay for himself and also luxuries, so he pays for some holidays etc. He has a reasonable income so can do this and buys hundreds of CDs, vinyl and stuff which is sort of "joint".

We don't have a joint account as we both like having our own money and being accountable for it.

Unreasonably and very meanly I do occasionally say that since I earned the money I will choose the colour.

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