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Anonymous
1) 50-50 - Both parties contribute the same amount every month
2) Go by % of income - Both parties contribute the same % of their income every month
3) 100% from Man of the Household
4) Maintain an individual savings account
5) Any others?
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Let's start from basics. Pen down both of your monthly salaries, expenses (even with 2$ spent on tea c)
Now if it falls in below bracket then you no need to bother or else you should revise your satergies
40% - Expense
30% - Short term savings
20% - long term savings
10% - insurance, hospital plan, medical
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Priority should be as below
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Depend on each couple, else 50/50 is fair
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1, 2 and 5
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We contribute 50-50 to our joint account that pays for eating out, groceries, kid's expenses, petrol...
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