Splitting Finances as a Married Couple

We aren't married yet but we split everything evenly

Yeah we have joint everything so we will just go with whoevers insurance is better.

Keep in mind premiums for health insurance almost always come out pre tax so that extra $100 he is paying each month would only amount to about $60-$70 extra income after taxes.

We're not married yet but we have completely combined finances and it works great for us. We used to split all of our joint bills (rent & utilities), dates, groceries and anything we needed for our home equally and we'd just out the budgeted amount in a joint account each month, but we realized it would be better for us to completely combine. It's definitely been better, but I know that's not for everyone

ETA: I get his point about the health insurance, but I'd be a little annoyed if FH suggested I pay double what he does for the same exact thing. Also sucks that it's 3x more to have 2 people instead of 1.

All our money goes into one checking account, and we pay off bills, mortgage, and our credit cards from there. I'll probably be a SAHM in a couple years so it didn't make sense to keep our expenses separate. We're very what's-mine-is-yours when it comes to finances.

In your scenario, since you are splitting it in such a detailed way, I would think you pay the $100 since it's being deducted from his paycheck now in order to cover you.

Not married yet so I won't share the way we set up funds/payments, cause it might change. I just wanted to say I think it's weird he doesn't want to split it down the middle. I mean, if you guys are planning to have kids eventually, then what would he do?

We have separate checking and shared savings. He pays everything. My money is fun money for us. So we are of a minority I believe.

I'm with greenebunny. We aren't married yet. He pays our rent, insurance and cars. We put as much as we can on credit cards to earn points, and I pay those (so groceries, clothes, gas, utilities). I also do the majority of the saving. We plan to get a joint checking account soon, and deposit 75% of our checks into it, and keep our own checking accounts (25% of our checks).

I think he's going to keep paying the mortgage and house bills but I'm transferring the Internet and adding uverse tv in my name so I'll be responsible for those bills. Plus the HOA payment and utilities on my condo which we are hanging on to.

Luckily my jeep is paid off and his bikes are as well. Woot woot!

I make significantly more than FH, and I offered to pay more as far as expenses go, because I simply have more to go around. He said no and we split everything 50/50 for now. The "extra money" I get to keep because he pays 50% of bills right now goes to wedding savings, but before it used to go to my savings account, soon to be "ours".

He's confortable with me managing all the finances, so I basically just remind him when he needs to add extra funds for semi-annual bills or unexpected expenses one our credit cards. I have a tentative budget of what our budget is but groceries vary depending how often we're home vs traveling for work, but I pay everything out of out of my checking account after he deposits a check there/payroll kicks in

We have a joint account and all of our income goes there. We've set a household budget that includes all of our bills as well as gas, groceries and then I have a specific amount set aside each month for "fun/incidentals." It's one pot for both of us and it's been working great. Keeps it simple. Yeah we don't make the same but the way I see it (cheese alert) is we're a team now.

We split everything in a sense. Not right down the middle, but ~approximately down the middle. We are both financing vehicles, so I don't pay half of his car payment. We just pay our own.

Our responsibilities are as follows:

his - rent, electricity, water, cell phones, my ring, his car.

mine - daycare, cable, car/renter's insurance, my car, groceries/household items, laundry

We just have allocated bills that we take responsibility for. We don't really get bent out of shape if one of us needs to 'borrow' money due to the pay period not matching up in our favor for whatever reason. Once my son and I are on his insurance plan, he will be responsible for that. I can't imagine we would want to make things complicated.

So, we've always split everything evenly. But, now that we're married, we will be opening a joint account once my name change goes through that we will deposit household bill, food, etc., money into (he'll pay slightly more). We'll also open a joint savings for wedding money, etc. We will likely still keep separate savings for personal wants/ expenses. We are making an appointment as soon as my drivers license change finalizes (waiting on my social card now).

We combine everything, bills, credit cards, bank accounts and money and I pay everything from that since he can never remember to. It works perfectly for us. Seems weird to ask you to pay for something like that in my opinion.

We have combined everything into one joint account. It's easy because it's all transparent, no worries about who is spending more/less because we share everything. We've agreed that purchases over a certain amount of money we'd talk to the other person first just to be totally transparent. That was something that we talked about a lot in pre-marital counseling and were told by everyone- the more transparent you are about money, the better because it eliminates a lot of argument.

ETA: In your situation, I would assume $75 and $75 rather than you paying $100 and him paying $50, if you're splitting things down the middle?

We have already combined our bank account into one. It is much easier for us so we pay all bills on time but can also look at our account and plan vacations, retirement and spending money together. I think it's much easier doing it together, can't imagine how to figure it out if its separate accounts.

We have a joint account both our wages are paid into and the bills come out of. We still have our own separate accounts into which an equal amount goes in for our own use.

We're doing the same exact thing as Leah, we have one combined checking account where our direct deposits go. We pay everything out of that and have an auto-transfer into a joint savings account. I have friends who have a joint savings and separate checking accounts. Different things work for different couples.

We just opened a joint checking account...all our money will go in it and then be distributed to bills and retirement stuff. We don't have many bills, as we both paid off our cars and me my student loans.

Currently, we each pay for our own bills(car payments, car insurance, health insurance) and then anything that's mutual we split (mortgage, phone bill, utilities) we plan to keep it this way after the wedding until our first child is born. After birth, I will be staying home my babies and running my small shop. My small shop income will pay for my bills and utilities, FH will cover his personal bills and mortgage

We have it split in a way that's working well. We split rent, I pay bills and work on student loan debt, he pays expenses we put on our joint rewards credit card (groceries, travel, household items), and works on savings. I don't think we'll change it when married unless we decide to move to depositing both paychecks in a joint acct in which case it won't matter.