Anyone any good with percentages?

Rebecca01

Spendless wrote: »

What I do is wait till DH gets paid and then I charge him for the hours I've spent looking after our kids. I have different rates depending on if I'm doing school runs, it's school hols or he's been away overnight. When he's paid that incoice, I then send a % back to the same account as my share of paying the bills. I then do the same with any money left over, we are saving. Of course I then have to adjust this if I have some temping work as we pay for outside childcare, or is he's used hols when the kids are off school etc.

Haha you made me smile. :-)

:-) Imagine the cost if you did that.

claire16c

choccybuttons wrote: »

Honestly I don't know what the obsession is on this board for people in committed relationships to have joint accounts. Having been married a long time we have NEVER had a joint account and it works perfectly well for us (yes we have kids too).

If one of you is prone to spending or bad credit why in earth would u want a joint account.

Its the system that works for you. I take care of all the bills. Dh gives me a percentage of his wages so we both have the same level of spending money left over once everything is paid. He is happy because the money he has left is his and I know everything is paid. A good couple works to their strengths

Out of interest what did you do when you were on maternity leave if you had all the bills to pay then?

If your DH gives you money each month so that you both have the same amount to spend after bills, effectively you are still using a joint system then? The only difference is that instead of it sitting in one bank account its getting passed from one to another.

balletshoes

claire16c wrote: »

Out of interest what did you do when you were on maternity leave if you had all the bills to pay then?

If your DH gives you money each month so that you both have the same amount to spend after bills, effectively you are still using a joint system then?
The only difference is that instead of it sitting in one bank account its getting passed from one to another.

and that seems to be the difference that makes some people on this forum think its weird or unnatural. When its not really, at all . As plenty of people have already said, whatever works for you, is fine.

JimmyTheWig

choccybuttons wrote: »

If one of you is prone to spending or bad credit why in earth would u want a joint account.

A joint account is no different to having a opt of cash in the cupboard. Or even keeping cash in your purse/wallet.
Are you saying that if your partner was prone to spending then you wouldn't keep any cash in the house in case they spent it?

Spendless

Rebecca01 wrote: »

Spendless wrote: »

What I do is wait till DH gets paid and then I charge him for the hours I've spent looking after our kids. I have different rates depending on if I'm doing school runs, it's school hols or he's been away overnight. When he's paid that incoice, I then send a % back to the same account as my share of paying the bills. I then do the same with any money left over, we are saving. Of course I then have to adjust this if I have some temping work as we pay for outside childcare, or is he's used hols when the kids are off school etc.

Haha you made me smile. :-)

:-) Imagine the cost if you did that.

Hey, I also itemise all the food eaten. I don't see why I should contribute 50% of the grocery bill, if Mr S has hogged all the jaff cakes....just jesting.:D

This story is real though. When I was a teenager my Dad worked a continental shift pattern, whereas my Mum worked till around 5pm. On Fridays the milkman would call late afternoon/early evening to be paid. Most times only Dad was home and would pay the bill and then as soon as my Mum came in tell her she owed him the milk money as he'd already given her 'housekeeping' and Mum would pay him back out of money he'd given her in the first place. In later life they got over it and worked out they were just juggling the same money around.

choccybuttons

claire16c wrote: »

Out of interest what did you do when you were on maternity leave if you had all the bills to pay then?

If your DH gives you money each month so that you both have the same amount to spend after bills, effectively you are still using a joint system then? The only difference is that instead of it sitting in one bank account its getting passed from one to another.

What difference does being on maternity leave make? Dh just would give me more money to cover bills and we both have less to spend, not rocket science .

Yes joint system but its the issue people seems to have about having separate accounts.

choccybuttons

JimmyTheWig wrote: »

A joint account is no different to having a opt of cash in the cupboard. Or even keeping cash in your purse/wallet.
Are you saying that if your partner was prone to spending then you wouldn't keep any cash in the house in case they spent it?

Omg there is a huge difference between the two. If u get a joint account with someone with bad credit it wipes your credit out too. A bit of cash in cupboard is also different from full access to your current account. Its very easy to swipe a card and think u will put the money back and it doesn't happen. Obviously you have never lived with anyone who doesn't have a great gasp of money, and don't know about your relationship but.my oh wouldn't dream of going into my purse or me into his wallet.

owen_money

80% of the time I am good with percentages but the other 30% I really bad, but only for about 40% of the time, the other 50% of the time I'm really good, but that only happens about 20% of the time. On average its an even 50%-60% split