How do you split income/expenses with your spouse? Wife earns about 75% as much as me. Don’t have kids yet. Do you have a joint account for everything or do you split common expenses 50-50 or in proportion to income? Something else? This has caused some contention so want to benchmark. Thanks!

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OP beta - Amrika has spoiled your brain. There is nothing called yours and mine in a marriage. Have a joint account and deposit both of your pay checks and make collective decisions for big ticket items and trust each other to be careful/responsible when it comes to personal shopping.

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Pwc 1 👍👍👍

funny

Lol,Op are you abcd? My wife owns my body, soul and bank accounts and mostly my kids too. ;)In Indian marriage your role is to make important decisions like what should we eat or which ipl team will win. Rest of controls are with wifey

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🤣

We just started doing proportion of income for big expenses (rent, bills, etc.). We don’t have joint account, but slowly moving towards that. Our ideal goal would be to determine a ballpark figure of monthly expenses and contribute a proportional amount based on our incomes to the joint account. 50-50 seems unfair given fluctuation in pay

We used to split expenses down to the wire about 3-4 years ago. Now we just have a common pool (joint savings accounts), common goals and a joint budget to stick to that still gives some freedom for unmonitored individual spend. I wanted this joint system far more than the wife (hated the petty splitting) but i think we're in a happy spot now on this topic

Joint account. It's important to agree on the expenses. It's been easy for us as both our spending habits are pretty similar

We have one joint account and that’s it. What would be the benefit of having separate accounts?

Dave Ramsey says WE

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