sharing the bills

skintchick

So on your figures:

Total in:
1480 + 2700 = 4180

So you earn 35.4% of the income, and he earns 64.6%

Bills = £1189.00 per month

35.4% of that is £420.91

64.6% of that is £768.09

So you should be paying £420.91.

HTH

Lakeuk

Doesn't sound like you're losing out, just carry on putting in the £550 and your hubby £1100 into the joint account and pay the bills at normal, then once or twice a year when your joint account pots alot higher than your outstanding bills both agree to skip contributing to the joint account for a month or both agree to spend the excess on a treat the both of you will enjoy.

belfastgirl23

I would have thought the best bet is that he keeps contributing the same amount and you use it to make overpayments on your mortgage or to save towards eg a holiday or a car or something you jointly want...

Just to ask though, is the mortgage in joint names? It would worry me a bit if it is solely in his name and coming out of his account...

hulagirl79

Hi
thanks for all your views.
belfastgirl23- yes the mortgage is in both our names, but i still do not like the fact it comes out of his account [ afact i have told him and he keeps saying he will transfer them over].
I am better with money than he is, [he has more credit cards and just taken out another personal loan] I have sorted myself out financially in the last year [paid off one credit card, working on another, no over draft and nearly finished paying my personal loan]
that is one of the reason i want us to keep our seperate accounts and have the joint account for the household bills. We dont save for things like cars or other things we want together, he just buys the stuff he wants because he puts them on credit whereas i try to save for them, which is difficult when i am only left with £250 and have to pay for food, petrol etc.
I hope this makes sense

SandC

I say definitely reduce your share of the payments. You are basically giving him money each month by the sounds of it!

belfastgirl23

Okay so you're finding things a bit tight. I think you need to discuss this with him. Although it wouldn't surprise me if he was finding things tough too if he has several loans and credit cards etc.

Has the credit crunch business scared him at all? Now might be a good time to try to talk to him again about finances. Not just as in who contributes what but talking about different attitudes to finance etc. I guess for me the key thing to stress is that you don't expect him to change completely. But that you would like him to move a bit of the way towards your model which involves saving some money as well as spending it. Is there something in your joint future you could save for that he would like? Eg a holiday or a bigger house or having kids or whatever? Sometimes you need to demonstrate really clearly what the point is.

It sounds too like part of the problem is practical, to do with how your loans are structured. I wouldn't leave the mortgage issue in his hands any more, I'd arrange to meet him in town some day (for lunch or whatever) and as we were passing the mortgage company I'd insist that he goes in and changes it NOW. It might be uncomfortable at the time but if you ambush him into it then at least it gets done. Or failing that, print out and fill in the direct debit form and make him sign it. If he isn't willing to then you have an entirely different set of problems.

On which note... he's earning a very good salary and is still having to take out loans etc...I don't like the sound of that. Can you see very clearly where all the money is going?

I do have sympathy, I'm very much more the saver and DH much more the spender in our relationship. We also keep money seperate apart from our joint account and our contributions to it. But he has learned a lot about this. Particularly since he went self employed and has had to depend at times on my savings to tide him through till his next payment came through. He now knows that it is very easy to fritter through money and when he gets a lump sum in, immediately consults me as to what to do with it. Although he always has a 'toy' he wants to buy :rolleyes: if I say we need to wait till the next lump sum comes in, he gives in.

I guess what I'm not exactly getting though is what your OH's attitude is. Does he think you're a fusspot? Do you talk about this at all? Do you think he's prepared to compromise?

Zoetoes

Definitely reduce your contribution, you're in effect paying his loans and credit card bills.