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Most couples I know have a common pool for expenses (e.g. utilities, groceries, insurance). For personal expense (e.g. dinner with own colleagues), do you have a separate personal fund to dip into?
Similarly for retirement/investment goals, each person might have a different investment appetite. Do you do separate investments?
For context: Partner and I decided on an amount for future usage for our home. We're deciding how to split finances for the future. Getting some feedback from members!
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Randall Tan
27 Sep 2020
Coffee boy at Century Piano
Hi Eugene, as a guy we should pay 100% of the common expenses. Investment planning must be done together. After all, most woman will outlive the man and the planning should be planned such a way that it will benefit your partner. The result? Happy wife, happy life! But of course this is up to our own personal preferences.
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Hey there! My wife and I set up an account for our monthly expenses. So things like groceries, utili...
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We contribute money together into a pot.
Where this pot is for all shared expenses, which is managed by wife.
Any income received by myself or wife will be kept on our own.
I invest on my own and i help my wife invest her part.