Do you and your OH split finances?

[Liesje]

Just curious, OH and I have a joint account and we put an equal amount in each month for bills and other family expenses. Our personal accounts still exist for any hobbies to fun things we'd like to purchase if we don't feel like consulting with the other person.
To us this makes total sense, we never fight about money. There is no resentment that we can't buy what we really want. We've been told this is really weird.

 

[Kitteh_Kat]

My husband and I have separate accounts, but that's more due to the fact we have different banks and we neither of us is interested in leaving either bank. I think it would be SO much more convenient though to pay the bills out of one joint account though!

 

[kristel_]

All in the one account with us. We both see it as our money, not mine or his, we get paid, pay all the bills and everything else we get throughout the month just comes out of the joint account, we do and buy most things together anyway so there's never really any arguments. If it's coming up to his birthday or xmas i will draw a tenner out here and there in cash until i have enough to get his presents, that way he doesn't notice

 

[Vesta]

We each put 50% of our pay into the joint account, and keep the rest in our own personal accounts.

 

[x__amour]

Joint. I take care of paying all the bills though.

 

[MacyClara]

He makes all the money so we have a joint account, I pay all the bills though.

 

[PinkRuby]

we have a joint account which both wages go into the main reason is because OH is rubbish with money so i look after the accounts, when it comes to buying presents its annoying cos i can see how much he has spent but that sort of thing doesnt really bother us.

 

[Mrs.S.]

we have separate accounts but OH transfers money over to me each month for his half of all bills and we both put equal amounts into savings each month too. no way would I trust him with a joint account with all the money in it. he's rubbish with money! lol! Xx

 

[wilbz]

everything goes into one it's ours no his or mine

 

[oceania]

We have separate accounts and right now I pay the rent, elecricity, internet etc simply because I make a lot more money than he does. Then if one needs money we just ask from eachother

 

[x-li-x]

We share all our money, I am not working atm though as we have just moved to germany with army and setting my bis up here is a process so im not going to work for the 2 years here, we can manage that anyway so doesnt affect us. We currently have a uk account each his wages go in his but then we transfer it all too mine and leave just enough for hubbys iva in his, then all bills etc leave from my account. He normally has the bank card though so takes out money etc, but we always consult each other before buying anything we dont necessarily need. We never argue about money as I am in charge , I make sure its all sorted I worked out whats going where and what into savings then I tell him what we have as disposable income or for shopping etc and we go from there

Once his iva is paid off in just over a year we will be closing his account and adding him to mien making it a joint account, we only havent bothered as hubby didnt want to bring my credit rating down with his iva xx

 

[nugget80]

We have separate accounts... I have one account for bills which my ex pays into each month and that covers all bills... I then have my personal account and oh puts mohey for rent and shopping in that each month. My student loan pays childcare then from next month i Will get a bursary so Will finally have some money for me...!

 

[nickibrum]

We have a joint bill account and a joint savings account and then have our own individual accounts.

All our wages gets put into the joint bill acount but each week (he is paid weekly) i move move around so that the bills are paid, the savings are paid and then whatever is leftover gets split between our two individual accounts.

My OH wages varies so much but last year he earnt 13K more than me so there is no way we would be able to do anything if we did everything 50/50 as i would be living on about £100 after savings and bills and he would end up paying for take aways etc but he is terrible with money! lol

 

[discoclare]

We have our own accounts and then a joint account.

We each pay the same into the joint account each month and use that for rent, council tax, food, holidays etc. We each pay 50 per month into DD's account. Our other money we keep in our own accounts.

 

[Ruby x]

we try to keep things equal but basically he pays bills like rent, c/tax, his car loan, CSA, iphone, then has only enough left for petrol each month. I pay everything else - smaller bills like electric, gas, internet, mobile, all groceries and everything for little one like childcare is paid by me, I pay my petrol and everything else goes in savings. Its pretty much equal but I do the finances because im better at it.

 

[Pensivedore]

We have a housekeeping account and separate bank accounts. DHs money goes into his own bank account and 80% of it goes into the housekeeping account which is a joint account. My salary goes into my bank account.

The housekeeping pays for:
-Nursery and school fees
-Food shopping
-Household bills- council tax, electricity, Sky, water, insurance, internet and phone
-Mortgage
-Money for the kids savings account
-Money for our own savings account
We also put aside about £200 a month for miscellaneous things - leaky roof, needing a new TV etc. There is always something!

My salary goes into my bank account- I pay for my car payments, some money aside for clothes (I save up and go and update my wardrobe once a year or so) car insurance, mobile phone bill, anything I need for the month and trips out for the kids, their clothes and bits and bobs. If I have to buy school uniform etc for them DH goes halves with me. Obviously his contributes towards birthday and xmas presents and birthday parties.

DH has his own money to spend on. He usually has more money to spend then I do- only fair really as he works more (and harder) than I do- and he gives me a generous salary (he owns a business and I work as his PA)

Some people think it's nuts the way we do things but it works for us and we have our own money to spend without feeling we have to justify to the other about what we spent it on.

We go halves for payments for our annual holiday.

 

[NDH]

We have just one main account (Though we also have a second one that's just in my name since it was set up before DH got here and they wouldn't let me add him to it. Our emergency fund is kept in there but it's immediate transfer to our main account any online banking has access to both accounts so he has access to it that way as well).

I'm a SAHM so don't have an income of my own to contribute, but when I was working we did the same.

We both get a designated amount of our joint money to be our own spending money, no questions asked.

 

[hulahoop09]

We have seperate accounts some bills come out of mine and some out of his. I do a budget each month which totals my wages his wages and take off lump sum of bills, shopping etc. Then what is left we split between us to last us the month. It generally isnt a lot. We dont tend to buy suprise presents at the moment as we dont have the cash but to be honest I never want anything apart from clothes and he has clothes when needed and xbox games when we can afford etc. And obvisouly lo never goes without. When some debts are cleared come next summer money will be better and we will have approx £450-£500 left a month between the 2 of us and come start of 2014 that will go up to approx £640 so not too bad compared to our approx £200 at the moment!!! Lol.

xx

 

[RoseKitten]

I selected other, simply because it isn't a 50/50 split. My OH is funding my business, and is the one with a "real" job while I'm building my business up. But, all of the income is "ours." We each have a "play" account, though. We agree on how much we get (it's the same for both of us), so it's currently $100/month each for us to do with as we want.

 

[Ceejay123]

We do - Yeah. More or less. x