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Couples app to keep finance split and fair

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  • maman
    maman Posts: 29,737 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    We have individual savings too. There's nothing sinister in that. There are often advantages in being able to open 2 accounts dating back to ISAs and beyond. 😉
  • FTBin2020
    FTBin2020 Posts: 35 Forumite
    10 Posts Name Dropper
    Agree with the two posters above. If you've paid your fair share of bills and house hold savings, I'd say it's completely normal/ acceptable to save your remaining money separately.  :)
    FTB with Natwest
    31/07 - DIP by Brooker Accepted
    05/08 - Full application submitted
    12/08 - Payslips requested and sent
    14/08 - Valuation requested and booked for 24th August
    17/08 - Proof of gifted deposit and confirmation of our monthly loan payments requested. 
    18/08 - Approved subject to valuation 
    24/08 - Valuation completed in morning. In afternoon tracker says report has been received and they'll let us know once fully reviewed.
  • AskAsk
    AskAsk Posts: 3,048 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    we have separate bank accounts and savings as well.  we think it is better that way as then we each do what we want with our own money without having to consult the other person.
  • I just can't imagine being in a relationship where one 'partner' was wealthy and one 'partner' only just making ends meet.  

    If I was the well off 'partner' I'd feel like I was being incredibly selfish. 
  • AskAsk
    AskAsk Posts: 3,048 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    I just can't imagine being in a relationship where one 'partner' was wealthy and one 'partner' only just making ends meet.  

    If I was the well off 'partner' I'd feel like I was being incredibly selfish. 
    i think if one partner was making ends meet, then the wealthier partner would subsidise to a certain extent.
  • 74jax
    74jax Posts: 7,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I just can't imagine being in a relationship where one 'partner' was wealthy and one 'partner' only just making ends meet.  

    If I was the well off 'partner' I'd feel like I was being incredibly selfish. 
    No, I can't either, but I hope I haven't made out that is our situation.  
    Forty and fabulous, well that's what my cards say....
  • 74jax said:
    I just can't imagine being in a relationship where one 'partner' was wealthy and one 'partner' only just making ends meet.  

    If I was the well off 'partner' I'd feel like I was being incredibly selfish. 
    No, I can't either, but I hope I haven't made out that is our situation.  
    How is that NOT your situation?  
  • FTBin2020
    FTBin2020 Posts: 35 Forumite
    10 Posts Name Dropper
    I just can't imagine being in a relationship where one 'partner' was wealthy and one 'partner' only just making ends meet.  

    If I was the well off 'partner' I'd feel like I was being incredibly selfish. 
    I don't think any of us ( @74jax @AskAsk @maman ) meant this by saying we have separate accounts. I'm sure if one partner earns more and the other is struggling, they'll help by paying for meals out and other social events. It's just about being able  to be financially independent and have separate accounts; Living together doesn't necessarily now mean you have to share every single penny.
    FTB with Natwest
    31/07 - DIP by Brooker Accepted
    05/08 - Full application submitted
    12/08 - Payslips requested and sent
    14/08 - Valuation requested and booked for 24th August
    17/08 - Proof of gifted deposit and confirmation of our monthly loan payments requested. 
    18/08 - Approved subject to valuation 
    24/08 - Valuation completed in morning. In afternoon tracker says report has been received and they'll let us know once fully reviewed.
  • 74jax
    74jax Posts: 7,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 24 August 2020 at 9:04PM
    74jax said:
    I just can't imagine being in a relationship where one 'partner' was wealthy and one 'partner' only just making ends meet.  

    If I was the well off 'partner' I'd feel like I was being incredibly selfish. 
    No, I can't either, but I hope I haven't made out that is our situation.  
    How is that NOT your situation?  
    I don't believe it is my situation at all.
    I'm not struggling? Or just making ends meet?
    I said I don't even use half my salary? 


    Forty and fabulous, well that's what my cards say....
  • AskAsk
    AskAsk Posts: 3,048 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    in modern times, couples no longer put their money together like they did in the olden days.  nowadays both parties tend to earn money and keep their money separate.  they have a joint account for bills, to which they both contribute, but then they spend their own money on their own stuff.

    even when the husband is working and the wife is at home looking after the kids, she will have her own finances and will get an allowance from her husband.

    that is the norm as far as i am aware of people around me.
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