How do you and your husband/fiance handle finances?

So my FH and I have been together for 7 years(since high school). The first year we moved in together we spilt everything 50/50. Now, it’s just like he pays his debt, I pay mine, and whoever has the money covers living expenses.... Like I have more bills at the beginning of the month and he has more at the end. When we officially tie the knot we are planning on just adding each other to the other persons account, so that we both a 2 debit cards, but we will probably mostly use our own just because we have our direct deposits and withdrawals already set up. With how easy/instant it is to transfer money, I don’t see a need for one account.

Both our pay checks are deposited in our personal account. Then we transfer a certain amount each pay day to a joint account for joint bills, groceries and our dog. Any debt or bills we have that is solely the individual's gets paid separately. This works for us. We are open about salaries, debt, most of our individual spending (helps with gifts and surprises!)

We lived together before getting engaged and split all bills related to the home 50/50. He’d give me cash every week for what was due since everything was in my name. He was responsible for all his credit cards, car payments, and I mine. He paid when we went out as he made a lot more than I did at the time, and I paid for groceries.
Once we got engaged we opened a joint account (checking and savings) and closed all personal bank accounts. I took over paying ALL the bills. Theirs were my bills and his bills, but really they were/are our bills.
We just sold my house and bought one together and we’re able to pay off all credit cards and his car so all that’s left is my car, my student loans (incurred after we got together just before getting engaged), and the time share we have together. It works for us. We are a team everything is ours now. There were times he couldn’t work and had no/little income and then there were times I couldnt work (hello student teaching) but it didn’t matter because like i said we are a team there’s not mine and yours. I didn’t help him out and he didn’t help me out we worked together to get through it and supported each other. He doesn’t look at the bank account, ever. He has no idea how much is in there and we don’t check with each other before spending money unless it’s something big and even then it’s usually hey I’m spending this (he has to let me know so I can tell him if there’s enough, lol). I couldn’t imagine handling money any other way.

At this moment our money is still separate, and he just gives me his half towards bills each month. Once we pay off credit cards and are able to actually do so, we're going to join accounts. For personal expenses we're giving each other veto powers for anything over $100.

Since I worked, I paid everything used for myself with my own money. Before that I use his money, and I feel bad if I want to buy a few stuff. I am paying my wedding stuff (dress, bridesmaids dresses, heels, crown, jewelry, flowers, “announcement“ photographer, decoration, and groomsman and ring bearer attire. He will pay the wedding venue, hotel rooms, food, and flight tickets. We are still not in the same page for the hotel class. I want 5 star hotel at least 3-4 days, because it would be our first honeymoon since we eloped 23 years ago. I think it’s worth one time in our life to stay in a luxurious hotel, especially during honeymoon. Let see what we end up booking.

I make significantly more than my fiance currently. So, I pay about 70% of rent while he covers the other 30%. Groceries, utilities, phone bill get split 50/50. We each cover our own bills/debt (credit cards, student loans, car payment, insurance, etc). We do have a joint account for the phone bill, but most often, I'm moving money from my checking into that account for the phone bill, and he puts his portion into the wedding expenses (so it's essentially the same amount that's being contributed, just in different locations). It sounds a bit complicated, but it's working for us.

My hubby and I were highschool sweethearts and got married pretty much right out of highschool. He's had a job since he was old enough to work and I've never had one. I am, however, in nursing school and have maintained a 4.0 my entire life. With that being said, my hubby shares his income 100%. He's a pretty simple and selfless man and only spends money on necessities, so I will admit that I do most of the spending in our marriage, but there's never been any "this is mine and that is yours" between us and it's been like that ever since we were in highschool - what's mine is his and has always been, and what's his is mine and has always been. If he wants something, he gets it and if I want something, I get it. All of our bills are in his name, but I handle every bit of the finances because he wouldn't have a clue in the world about how to manage any of that. We are pretty traditional and old fashioned in that manner considering he is a working man and I am basically a housewife who is in school and handles cooking, cleaning, finances, etc. Anywho, I honestly don't think that there's a specific way to go about any of this. I believe that it's different for each individual couple, so whatever works for you guys is the route to go. I wish you guys the absolute best of luck while figuring all of this out!!! ❤️

Another thing I will say - my husband and I have a joint account to help make things easier, but we kept our separate accounts as well because my school refund and his taxes and all that go into our previous accounts (too much of a hassle to change things over, lol). And it is totally okay for you guys to feel your way through for things like this. I literally have handled my hubby's finances since we met simply because he is able to redirect his focus elsewhere if I do that simple task for him and I learned that pretty early on. Adjusting to the married life is such a process, lol!

Most of the bills are in my name, so he Venmos me half when they come due. I've taken over one or two of the bills, as he has others he takes care of, and I (usually) make more money.

We discuss all major purchases, and if we're going to split them. We filed our taxes jointly, and that wasn't great... he has some freelance money, and that hits us hard.

Finances are a work in progress, best dealt with by constant communication.

We have separate accounts and I make more than she does, but we just pay what needs to be paid. We don't really count things separately and on most accounts we have both of our cards listed, so just depends on who has money in their account at the time that the bill is due. For wants since we are still saving up to pay for our wedding anything over $50 we have a discussion about, but other than that it is free game. Money isn't a big issue in our relationship and we just kind of see it as a team effort.

I think every couple is different so this is definitely a good question!

We don't make 50/50, it's more like 30/70 so respectively we pay for what we can each afford. We have separate accounts and pay for certain bills out of our own accounts. As far as treating each other, we pay for dates/meals, etc. pretty evenly where I will pick up the tab and as he will. As far as clothing, hair, anything that we do to treat ourselves, it is out of our own pockets usually. We're always willing to help each other out.

During our engagement we have separate accounts and a shared account that pays for our shared bills. Bills are split 50 / 50 but personal expenses we're each responsible for our own.

He has a son and makes his CS payments from his personal account and I've told him that he needs to keep that account to show proof of payments in case something happens down the road with his ex. Otherwise, we plan to consolidate into a one account.

My FH and I joke that he's got the best deal because we bought a house together, the mortgage is autopaid from my account, while our roommates pay rent to his account lol! We have separate accounts and will get a joint one after marriage. He has student & car loans he is paying off and I earn a bit more, we kinda just switch off who's paying for what and try to maintain about the same amount in each savings account.

We don't have our finances joined yet, but we split just about everything 50/50- bills, food, fun stuff, etc. I pay my own loans and chip away at my own debt and he does the same for his.

We have a joint account as well as individual accounts. We share costs of pretty much everything 50/50. However, if I decide to buy myself a new purse, shoes, get my hair done, etc... I pay for that out of my personal account. And visa versa.

Not married yet, (11-28-20) but we have been living together for almost two years and we both pay for everything. We have separate accounts and will be keeping it that way, but we will be getting one joint account for a credit card and extra savings. Usually he pays for the internet, electric and the car because he set it up with his card which just makes it easier, and I pay for the rent, water, and other misc payments. Groceries and shopping just depends on who's doing it lol

We have a joint account to handle bills, groceries, and other things we do together like vacations or eating out together, but we also keep separate accounts for personal items and spending. Even though we have some money separate, I still budget everything together through Mint which lets you link together all your accounts. It helps us plan for the future to see all of our money together even though we can't actually spend from each other's personal bank accounts. We make similar salaries, so we contribute equally to the joint expenses.

View Quoted Comment This sound like us. Similar ages and all, but this is a second marriage for both FH and I. We both make good money but FH makes more. Accounts are/will remain separate. I transfer a set amount each month for the house payment and bills. But FH pays the majority percentage of everything. We each buy whatever the house needs when it comes to groceries, household items etc. I love doing the home decorating, so I purchase those items. But any personal spending and personal bills comes from each of our own accounts. FH typically pays for our trips but sometimes I’ll contribute to the trip cost or occasionally pay for food, activities, etc once we’re on the trip. When we go out to eat, FH pays most times, but not every time. It just flows and works well for us. Like this poster said, we have no financial fights and no financial issues.

We have a joint checking and joint savings. Our checks come into that account via direct deposit and all our bills and individual spending comes out of that one account. We don't keep track of who spends what, who contributes what to savings, etc. It's just all together once it's in the account.

FH and I have a joint account that we pay everything from. Paychecks go into our account. We look at it as our life together and our future so our money is our money, not his and mine. We do each have a monthly allowance of $200 that we can use for whatever we want on our own. I handle all of our finances and budget because he stinks at it. Any expenses over $100 are discussed prior to spending.