Married/long term relationship couples, how do you manage your daily finances and financial goals?

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!

Discussion (7)

What are your thoughts?

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Caleb Seah Hua Xiang

27 Sep 2020

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.

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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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