10 min
#42 How you and your partner can split bills without arguing The Money Spot™ - UK Personal Finance
-
- Education
If you’re looking for ideas on how you and your partner can split the household bills without arguing about it, I have a few ideas for you.
Obviously what you ultimately go for depends on your own specific circumstances, e.g. whether you’re married or in a civil partnership or not in either, employment status, differences in income and personal beliefs, however, you can either:
1. Split bills fairly – this can mean equally, i.e. 50-50; or in proportion to your incomes.
2. Approach finances with unity – i.e. all money earned belongs to the household regardless of who earned it and is managed in a unified way. This can work whether your salaries are paid into personal accounts or a single joint account.
This is all food for thought, not advice, if you want advice based on your own circumstances, speak to a personal financial advisor.
RESOURCES
Call me: https://clarity.fm/heather
B School for Kids and other books:
https://www.katsonga.com/mybooks.html
Ask me a question: https://www.katsonga.com/coach.html
Support the podcast:
In $: https://www.buymeacoffee.com/TheMoneySpot
In £: https://www.patreon.com/TheMoneySpot
Your way: https://www.paypal.me/katsonga
If you’re looking for ideas on how you and your partner can split the household bills without arguing about it, I have a few ideas for you.
Obviously what you ultimately go for depends on your own specific circumstances, e.g. whether you’re married or in a civil partnership or not in either, employment status, differences in income and personal beliefs, however, you can either:
1. Split bills fairly – this can mean equally, i.e. 50-50; or in proportion to your incomes.
2. Approach finances with unity – i.e. all money earned belongs to the household regardless of who earned it and is managed in a unified way. This can work whether your salaries are paid into personal accounts or a single joint account.
This is all food for thought, not advice, if you want advice based on your own circumstances, speak to a personal financial advisor.
RESOURCES
Call me: https://clarity.fm/heather
B School for Kids and other books:
https://www.katsonga.com/mybooks.html
Ask me a question: https://www.katsonga.com/coach.html
Support the podcast:
In $: https://www.buymeacoffee.com/TheMoneySpot
In £: https://www.patreon.com/TheMoneySpot
Your way: https://www.paypal.me/katsonga
10 min