How do you split finances with your significant other? My partner and I are buying a house, and the down payment exceeds what I’m able to contribute. He makes over double my salary from an earned income perspective, but also has a ton of profitable investments. I have always thought a 50/50 split would make me most comfortable, but I have also been reading about splitting overhead as a percentage of income vs doing a clean split. Really curious to hear how you handle this!

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Am married now but when dating he paid like 70 percent of bills and I paid 30. He makes more than double what I make. Never was a problem!

like

I’m actually in the opposite position. We are newly married and I make a lot more than him. We are trying a joint account for joint expenses. And we each put in each % of our take home pay. So far ok. But it’s definitely harder for him to accept. Until he remembers the very nice house we live in :)

like
Recent IconRecent

I’m about fairness, and fairness (50/50) would only imply if you both make the same in terms of salary, if not, then go with the percentage approach. That’s how I would do it :)

like

My husband and I split based on % of total income. We are about a 60/40 split.

like

This is how my husband and I operate too. It’s worked out well for us.

like

When my husband and I were dating we bought a house together. We decided to join finances and have a joint account. It's risky, but it worked out for us.

like

My husband and i have joint finances. In divorce everything is split equally anyway, no matter what account it is held in. Sometimes even a prenup cant save you from the states laws.
We have kept our individual checking accounts but we monitor all the money together; all our money is OUR money, together. All our goals in life are OURS, together. So it is never a matter of his versus mine in regards to paying for anything or saving for a downpayment or paying for kids things. This was a conversation we had prior to marriage & we agreed we wanted to handle it all this way.
Have you all talked about how you want to handle these things? It makes a huge difference in your financial life & relationship moving forward. Will you join most or all accounts? Have separate personal money? House expenses? Kids? Shopping for yourself or for your household? Savings? Retirements?

I have friend who has been w her spouse for 10 years & she manages all the money line by line and based on what theyve decided each will spend on each type of expense, they pay each other at the end of the month whatever is owed to the other person. If he owes her and doesnt have the cash to pay her back for something or needs to borrow from her to buy something it adds tension.

There are tons of ways to handle it all that can ve very successful but its important to decide what method you want to go with and what your philosophies on money and marriage/partnership are and how those align.

like

I am so glad its helpful! I know it is a TON that people just rarely talk about & we definitely arent taught in school. It can feel overwhelming but either hire a lawyer to help you through it or just sit down, download all the forms, fill them out / discuss everything, print, and go get notarized when needed.

We just put everything into shared accounts. We make decisions based on what we have together as it is one pot of money.

like

My spouse pays for the mortgage and I pay for smaller bills (utilities).

like

This is the life I aspire to have once I’m married 😂

likefunny

Are you married or engaged?

This is so helpful!!! Thank you!!

We’re all in one pot now that we’re married but before that we split shared expenses based on % salary which IMO is the “fairest” way to do it. We had a joint account to pay rent, utilities, and groceries out of and we put in the % of that total cost that related to our salaries. Everything else remained in individual accounts for personal purchases. Worked great for us!

Percent of total earned income. Makes no sense to do 50-50 when one of us earns significantly less than the other.

I pay for the mortgage. He pays for pretty much everything else. I have significantly more money than him right now so it makes no sense for him to pay 50%. He will make more than me in a year though.

We are not married. I think we will get engaged in the next couple of months. Once we are engaged we are planning on joining our accounts and just doing everything together.

What is significantly less? I warn 20k less than my husband and he wanted to split 50-50 which I completely disagreed with

OP- I’m in the same situation. My SO makes over 5 times what I make. Given our situation he put down more than 80% and we registered the deed with him getting more than 50%. We were both comfortable with our decision which we had discussed before we started expanding our family. Once we expanded our family, my work schedule is more flexible than his which translates to a slower career progression for me. He pays the mortgages etc and I will leave work if there’s a child emergency. We don’t do a clean split financially but this works for us. It’s not perfect but we’re both comfortable with the situation. With our estate planning, his share goes to our children but they can’t kick me out lol. My advice is y’all it over, and be comfortable with the decision.

When we got the home, it was just us. I put down less than 10% and own 40%. On my own, I wouldn’t afford a studio in a nice area in NYC so I was comfortable with the decision. Now that we have a family and we have updates our plans such that the terms of our estate is very beneficial to me, I’m not complaining. I still work my ass off at work and I’m hoping to make SM in a year but I’m realistic that he pays for 99% of everything. As I mentioned to OP, she should be comfortable with whatever decision she makes. I’m fine with mine

like

Related Posts

BlackRock Recruiters at VP level. What has your salary increase and bonus averaged the past few years?

like

I know this isn’t a “biglaw” firm because it doesn’t pay market, but did anyone else see the insane bonus numbers at 2400 hours for Loeb & Loeb? Is that real? $305k bonus for an 8th year?

like

I was offered a Solutions Architect role with a packaging company. When discussing details with the recruiter, she specified that the salary was $60k…I was shocked to hear that number.

I gave her my target salary as $100-120k (I have 3 years experience in IT, 1 in IT Procurement, now a PM). She said the highest they would likely be able to go is $85k, but she would have to speak with the hiring managers.

I still think $85 is too low for the role. What do you think is a fair salary?

like

Hey guys, can you please calculate in hand salary for me. I am getting 9Lpa fixed 10% variable, 2L joining bonus in first month and 1L extra bonus on completing one year that will get credited next year August. I have no investment as such in 80c

Post Photo
like

Hi folks, Recently joined birlasoft. When salary get credited in birlasoft? Day of month and approx time?

Does KPMG india gives any joining bonus for immediate joiners? If yes, how much? KPMG KPMG India KGS Yoe 4

like

I have joined EY in the last week of December. I worked with previous company for 7 months from May till 3rd week of December. Do I have to provide investment proof to the new company. I had declared investment in my previous company but did not provide any proof of the same. Also, please confirm do I have to provide salary proof of previous company. If yes, how can I provide the same? If I don't provide, will there be any issue.

like

I just logged in for open enrollment and see that my benefit costs are increasing quite a bit. Family of 4 - medical/dental/vision will be about $345/pay period plus whatever I contribute to my HSA. Is this the norm now or is this way too much? We are also on an income based rate plan and I recently crossed into the bottom of the most expensive tier so it’s an even bigger hit over the normal YoY increase.

About to get an offer at Microsoft as an SSP for data and AI. What should I be expecting as far as comp ceiling, role, wlb, etc?
Current TC: 225k (salary/OTE)
Is looking for 300k OTE realistic outside of equity/signing?

like
like

What's the most effective way for a small RIA to recruit FAs who have a few years experience, want to break away from large/corporate firms? I'm a $70M fee-only (commissions for insurance) independent RIA with a generous comp schedule that enables FAs to own their own book while they grow. As the owner, my focus is to help FAs succeed; as a firm, our focus is on client service and helping them succeed. I can afford a small salary, but not benefits. I'm especially interested in female FAs.

like

What % of salary does everyone invest in their 401k?

First year consultant in Chicago making $72k, currently investing 18% with a 3% company match. Wondering if this is too much...

like

What is the salary range for a Senior Consultant in Deloitte India, Specific to 7 yrs of Experience, in Management Consulting role (MBA + Big 4 exp.)... what shall be the range?

like

I am having 20 month of experience in D365.What are the minimum salary Big4 paid to me?

like

What are your thoughts on the investing app, Acorn? Started to using it, but not sure if I like it or not. Maybe I am missing some of benefits it offers. If you use this, what are the things you like?

like

Any recommendations for software that helps you manage compensation reviews, bonus/STI/LTI admin, sales ops/commissions, and headcount planning in one?

like

I have offers from Broadcom and SSIR. Salary of Broadcom is higher than SSIR but mostly dependant on Rsu. Any idea about wlb and quality of work in both companies? YOE: 3.5 with M.tech from tier 1 college. Working in hardware domain. @Broadcom @Samsung @Nvidia @Qualcomm @AMD @Intel Corporation

Hope to learn more if you bought an apt in Manhattan, or if you decided against it (renting/moving to upstate/Long Island/Jersey). My husband and I are considering to have a baby soon and are thinking of buying and living in Manhattan for the next 10 years or so (looking at property under $2M). Please share what you considered as you were making the decision - I hate throwing away rent but also don’t want to trap ourselves in significant financial obligations. Thanks!

like

Ripple XRP - Bloomberg terminal, bank partnerships, Amex, and more - Forbes, Fortune, Business Insider articles - recent jump to $0.74

like

I received a job opportunity with an independent financial advisor. I would be her assistant and be responsible for office and staff management. I am in Northern CA, what is a reasonable salary request?

like

More Posts

Bain & Company When I applied to Bain for my MBA internship I was rejected right away. I was told that Bain prefers unique profiles and does not care for pure engineering background. Is that true? How can I make my resume stand out? Would a custom cover letter help? Bain & Company

Applied for a job, & the recruiter followed up with me saying they really like my book & wanted the password for the protected work. Gave it to them, & haven’t heard anything in a month. (Cont)

Best coffee shops in the city to work from?

like

Is there any LTi employee from this group 😂? If yes please like or comment else all other questions are going to vain with one side communication

like

I accepted an offer from TCS and later got a better offer from another company. Now if I refused to join TCS, will be able to join TCS later in my career? Asking this cause I heard ex employees can't join back as there was a policy change. Technically I'm not still a TCS employee yet but just asking to make sure. Thank you.

like

I am working in nagarro from last 1.6 years now with 3.5 ctc now I got offer from X company of 9 lpa will nagarro match the offer??

Hey Fishes,

Total work ex -2.10 yrs
Testing Domain
Current CTC at present company - 7.2
I have cleared Tech and Mang. rounds at Legato, can I pitch 11Lpa at Legato ?

Please help…

like

Can I just say I love that this sub just talks about whiskey?

likeuplifting

Can someone help me understand why people are pumping crazy money into DoorDash and AirBnb but didn’t go equally Gaga for Palantir?
Don’t get me wrong, I like DD and Airbnb, but the $100+/share seems odd to me given that both are susceptible to regulatory and overall consumer confidence. I was able to buy into PLTR for $11/ share fwiw and think that company has better long-term upside prospects.
But again, would love to better understand the DASH and ABNB mania. Feel like I’m missing something

Any female 🐠 want to hang out? 24M here.

likeuplifting

Hi 🐟
I have joined tcs in July and filled HRA from July 2022 March 2023 can I claim HRA tax exemption from April to June?

like

How To Be Productive when Your Job Is Boring

I’m losing my damn mind at my job. I’m 23 years old and I’m a very ambitious, hard working individual but my job is literally so boring, I feel that all of my habits and skills are slowly deteriorating. I mean I do nothing all day, most days.

Im tired all the time, I can’t think of anything to do. I try to watch educational videos/pods, but there’s only so much. Any advice on how to fill in the time in a productive and entertaining manner?

like

Hello Fishes.. Need your suggestions Wipro or Pwc India? Domain : Oracle ERP EOY : 8

like

Full-timers, do you get actual breaks or do you eat at your desk?

like

Official McGregor fight thread - who ya got tonight?

like

What are your thoughts on the investing app, Acorn? Started to using it, but not sure if I like it or not. Maybe I am missing some of benefits it offers. If you use this, what are the things you like?

like

What’s your top 3 change management books from the last 5 years? (Trying to refresh and read up again!)

like

Do you like Angular or MVC with Razor HTML & Why ?

like

Additional Posts in Women In Consulting

I’m happily married and have been with my husband almost 10 years, but every now and then I have vivid, haunting dreams about ex-boyfriends/past loves. Anyone else? Why does this keep happening and how do I make it stop?!

like

My mother isn’t the smartest cookie and let’s people take advantage of her—to the detriment of her health. It’s absolutely infuriating and she refuses to acknowledge the problem. anyone dealing with something similar ?

like

How often are you ladies, living with their SO, having sex in the current situation? Pre COVID for me it was 3-4x a week but now he doesn’t seem to be into it. Spends his day working & nights gaming😭

like

When the best part of your workday was your OBGYN appointment.... you know it’s been a rough one.

likefunny

What is a good brand of watch to get for my fiancé? Budget around 4-5k.

like

Just had a man follow me into sbux and try to chat me up while I ordered. Dude. I am carrying a suitcase and trying to catch up on my emails. Go away.

likefunny

From 22-27 I dated a guy who worked all the time with the hope we would get married. Lots of time spent alone since he was never around on trips and so called vacations. Recently, I broke up with him and just am really feeling like I wasted my twenties. I saw two girls walking down the street yesterday with pink balloons that spelled “23”... what I would give to have not wasted my time with this guy. Has anyone ever gone through this?

likehelpful

Ladies would you purchase a home with a boyfriend or would you rather get married first?

like

So...what did you non Indian ladies think of Indian Matchmaking on Netflix? 😀
Now you know why I’m single.

Post Photo
likefunny

My husband, who had a successful career but is not yet 40, wants to retire and look after our kids while actively investing our money. I enjoy consulting and will gladly keep working. We also have a good amount of savings, mostly fueled by our frugality during his peak earning years. I feel like I need to support my husband’s dreams while negotiating clear terms. Has anybody been down a similar path and have advice?

like

I can’t believe I’m asking this but I need to know- has anyone here experienced sleep orgasms? Online says it’s normal but I’ve never heard any woman talk about it. 🙈

like

Favorite places for summer dresses or two piece sets? Looking for something timeless and classy for wine tastings and graduations, so nothing overly trendy or clubby (like most two piece sets are).

like

Where do you all buy hats (also any suggestion on style)? Looking for stylish hats and want my face mostly covered for protection (have very sun sensitive skin). Normally wear baseball caps but not the right look with all outfits.

like

Is it generally unwise to switch companies within a year? I just relocated back to hometown and started a new job 6 months ago but I want to relocate again to Atlanta when my lease is up in 6 months. I don’t have much problem with my current role except wanting more money and to relocate. Unsure if it’s worth it to move and get more money or if it’ll be a bad look on my part. Any advice welcomed.

like

Whenever I give my mum updates on my life be it career or when my husband engaged she always has a variation of one question “ Does your job make you happy?” “Does he make you happy?” I am an immigrant from Africa and this always surprises me as I am always prepared to answer 1000 hot seat type questions. I hope to one day take a similar approach when I have adult kids.

likeupliftinghelpful

Hi ladies! Thoughts on backpack vs. work tote? Do you have a preference or a bag you recommend? I have the beis work tote and it’s just massive and hurts my shoulder. Can’t be good for posture…

like

Thoughts on dating on your own project? Fell in love but don’t know what to do.

What do you guys do if you feel like your boyfriend is pulling away? Also how to tell if pulling away or just doesn’t have much to say?

like

How to handle living in a “noisy”/old apartment? I can hear my upstairs neighbors walking and talking at all hours. Even w/fan on high and headphones in at 75%, can still hear them. It’s almost 2am 😭

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal