Your money, my money, our money, who's money is it?
By Feona1962
@Feona1962 (7526)
United States
September 24, 2007 11:12pm CST
When bills need to be paid, who pays them in your house? If you both work do you split the bills or do you put all your money together and pay that way. We put all our money together, pay our bills and what is left is ours for whatever we decide to do with it.
We share everything.
7 people like this
18 responses
@thefortunes (2367)
• Netherlands
25 Sep 07
Hi Feona1962, my partner and I do the same as you are doing - sharing everything, the bank accounts and the mortgage, and loans. There is no "my money" or "your money" between us, and we never fight about who spends what, and I feel so lucky with my partner really, he is my dream guy, and never selfish, and always placing me on top of all his priorities for which I am so grateful and try to do and be the same for him :)
TheFortunes
2 people like this
@Feona1962 (7526)
• United States
25 Sep 07
I am glad you have such a great relationship. It makes for a much easier life. We don't fight over money or anything actually.
1 person likes this
@bam001 (940)
• United States
25 Sep 07
Since I am single and live alone, it is just my money. I do deposit my paycheck each month and pay bills first. Whatever is left gets budgetted out by the week since I only get paid once a month. I then allow myself that weekly amount to buy clothes, eat out, see a movie, etc. Sometimes I will save the extra for a few weeks and go away for a weekend.
@Feona1962 (7526)
• United States
25 Sep 07
Hi bam, it is necessary to budget especially when you only get paid once a month.
1 person likes this
@ElusiveButterfly (45940)
• United States
3 Oct 07
I pay the rent and the car payment. I also buy part of the groceries and pay for any gifts that need to be purchased. He pays for cable/internet, phone, lights, heating, car insurance and groceries. Whatever is leftover after we put gas in the cars and food on the table goes in the bank for a rainy day.
@ElusiveButterfly (45940)
• United States
3 Oct 07
But, I should add that this will change come November 1st when Hubby is laid-off from work. Unemployement benefits help somewhat, but do not cover everything.
@brendalee (6082)
• United States
25 Sep 07
We do it the same way you do it. I don't make that much money though.LOL. At my son's house its very different and sometimes I want to slap him upside the head. LOL. He thinks his money is his money and his girlfriends is hers. He pays his share of the bills but doesn't like to contribute to anything else. I raised him better than that but he has his father's stubborn stupidity. LOL
1 person likes this
@dustyland87 (148)
• United States
25 Sep 07
Money is shared in our house. I work and she goes to school full time but it has never been a your money my money type thing. She does our budget and makes sure the bills are paid. If there is something she wants or something I want then we go and get it. We are a partnership and thats how our home is run, there is no one person greater than the other, we both have equal say in what happens.
1 person likes this
@beyonce03 (2331)
• Canada
30 Sep 07
I give the same amount of money to my boyfriend every week and he pays everything. Since hemake 3x more then me, of course he pays more then me.
Even if e pay and buy more thing the me, I still buy things for the house. When I buy him stuff at wal-mart, I never ask him to pay me back :P
@whiteheather39 (24403)
• United States
25 Sep 07
I've had it both ways. In my first marriage I didn't work so my husband took care of all the financial business. Second marriage it was the same way you describe although my husband just put his money in the pot and I took the responsibility of making sure everything was paid correctly.
@maddysmommy (16230)
• United States
25 Sep 07
It's "our" money regardless of who makes it. We share eveything too and it so happens that he is the breadwinner and we pay off our bills first and the rest is left for whatever we need on a daily basis.
@lexus54 (3572)
• Singapore
26 Sep 07
For household bills such as property taxes, home insurances, utility bills, broadband and cellphone charges, conservancy charges, newspaper bills, etc. both my wife and I jointly pay for these. When we set up our household, we opened a joint account with the bank, and both of us contribute equally to it. Then we pay for these regular household payments, drawing from this account. If we buy things for the household such as supermarket items, we will also draw the money from this account. Equal sharing works well for us.
@jipang (39)
• Malaysia
26 Sep 07
Money... actually it is not ours. The money is only come and go. Like what people said, easy come easy go... :P. We just only hold the money for a moment. The money come, and we will distribute them to utility(bills), bank(loans), s.market(household)... etc.
@Vieiragirl (109)
• United States
26 Sep 07
I have all my bills paid automatically every month from my bank account. I am not married but I do live with my boyfriend. He pays half of the bills but he just gives me a check at the end of the month for the bills I pay. I don't know what we will do if we get married. He will make more money then I will so I will probably pay the bills still but he will pay more of them. That is the plan