How do you spilt the bills with your OH?

tara747

kittiej wrote: »

I pay the bills and OH doesn't contribute and its peeing me off tbh

Sounds awful, kittiej! How come you pay all the bills? Does he work?

tara747

OH just brought up the subject of a joint bank a/c for bills! How spooky is that. Unless he's been reading over my shoulder...

:O

Jasper27_2

This thread is really interesting. I do feel those of us who only have a joint account with our OHs are in the minority. We have seperate ISAs as that's how they work but otherwise all monies are held jointly and in 18 years of marriage we've never argued about money. It does help that we have similar earnings and are both good with money. Of course any system is good if it works and both parties are happy with it. However I find it amazing that people are prepared to marry, buy a home and have children with someone they don't really trust with their money!

robin_banks

My OH is a full time mum, so it's down to me.

shoppergal

i'm another who has a joint account with my oh.

at the moment i'm earning twice what he is as he's chasing his dream and therefore is earning a pittance. all our money goes into joint accounts, bills are paid, debts are paid and we each get the same spending money. i'm delighted that he's getting to pursue the career he's always dreamt off and couln't imagine feeling even remotely resentful that he's not earning as much as me.

in years to come when we have children i'll want to stay at home with them and certainly won't feel that he's earning and i'm not. it'll just be our money.

any money that comes in like bonuses or tax rebates for either of us is also considered to be "our" money. likewise any debts are considered to be "ours". We regularly move debts around to avail of 0% deals and it really doesn't matter which name they're in. at the moment it's mostly in his name but that will change again down the road.

works well for us.

~evanesco~

We pool all our money together. I earn twice as much as OH, but in my eyes she deserves to share it since she's raising the kids and keeping the house while I'm earning the pennies. I have had access to all the accounts we both have and I do all the bill paying, childcare payments etc
We've just opened a joint account and we're moving everything into there. We'll take £15 a week each, which we use for ourselves for whatever we want. We'll also put £575 into one of my accounts to save for birthdays/xmas and towards our wedding. Everything left will be used to make an overpayment on one of our debts. We've waited until now for a joint account because I had a CCJ, but that's dropped off my credit file now (I have checked) and I don't mind being linked with her, since her credit staus is fine too.

NoreenOMS

It really is interesting reading threads like this and seeing how different some people organise their finances compared to others..

we have been together 3.5 years, married just over a year and until July of this year had separate bank accounts as hubby earned a couple of grand more than me a year and I just could not get my head around having a joint account when he earned more, although he had been wanting to for a while as he considers all our money is our money regardless of who earned it, and I relented in July so we put our separate debt together and opened a joint account joint savings accounts and an isa each, but kept our seperate current accounts open although they are unused. Ironically I now earn more as hubby was made redundant in Oct and the job he has now is £90 down per week on take home pay...

All bills and wages go in/out of joint account, and I keep an excel spreadsheet of everything and manage the accounts/transfers via online banking-greatest invention!! We have a set amount for weekend spends, and £25 a week personal spends to spend on whatever, although my contact lenses, food for work, hair etc comes out of this..

Silaqui

It is interesting reading about how people do things. We fit into two of the suggested camps - we don't have any kids, and I absolutely refuse to have any shared financial things with my b/f as he is awful with money (I am trying to help him sort things though).

He moved in with me and so we kept the bills coming from my account because it was all set up anyway. We worked out what half of everything except groceries was, and he pays me that amount each month as a standing order into my bank account.
Even though we go halves on the bills, he does earn about 8k less than me so I pay for groceries and any other bits and bobs - but I would always help him out if he was short.

DeeDee74

intresting thread, when i was with my ex we shared the bill no joint account though.then split what was left 50 50 that way we could spend it on what we wanted without having to ask the other..

when he moved to a better payed job with a lot longer hour's we no longer split the extra cash i could manage on my money and after all he was earning it to be better off, so it only seemed fair that the extra was his to spend, worked for us anyway.

*Louise*

We got my bank account changed over to a joint account a couple of years back - OH had been getting his wages put in there every month anyway, so I said we should get his name on things.

The bank never sent him out a debit card and he still hasn't phoned up to get one - it says a lot for how interested he is in the banking side of things.

I deal with everything money-related. He just hands it all over to me and trusts me to do the right thing with it (he would just go mad and blow it all if he could!):rotfl:He has money in his pocket for during the week but ultimately he's a spender not a saver. He would spend it all on his family though, he is a really hard worker and just wants his family to have the best. :happyhear