Scottish Elises

A bit random I know but got chatting to a woman client at work today about personal finances and I'm now on a mission to find if I'm in the minority or majority.

Do you and your partner/boyfriend/wife/husband treat your income as one big pot of money (could be separate or joint accounts) or is it a MY money YOUR money set up ?

Regards,

Jeremy

Joint. (Kind of.)

A bit of both but mostly it's one pot.

Being both scientists we're quite anal about how we work it out!
We work out how much we need to pay for everything relating to the house, kids etc and what that is as a percentage of out total income. We then both pay that percentage of our wages into the joint account and all bills come out of that.

It works out that we both pay about 80% of our salary into the joint account and the small amount left is what we can use to treat ourselves/each other.

We think it's the fairest way 'cos whoever earns more has more to spend on themselves but also still contributes more to the joint pot.

We've always worked it like that since we moved in together but I must admit that since we had our daughter much more has gone into the joint pot and we think of it more as our money.

Totally separate!

Joint, seems to work out easier

Stevoraith wrote:A bit of both but mostly it's one pot.

Being both scientists we're quite anal about how we work it out!
We work out how much we need to pay for everything relating to the house, kids etc and what that is as a percentage of out total income. We then both pay that percentage of our wages into the joint account and all bills come out of that.

It works out that we both pay about 80% of our salary into the joint account and the small amount left is what we can use to treat ourselves/each other.

We think it's the fairest way 'cos whoever earns more has more to spend on themselves but also still contributes more to the joint pot.

We've always worked it like that since we moved in together but I must admit that since we had our daughter much more has gone into the joint pot and we think of it more as our money.

Hahaha. I gave a short answer, but ours is the same! Well it was supposed to be but over the years we lost interest as it just seems to work out.

You think scientists are control freaks, try air traffic controllers. (Actually selected for it at the recruitment stage)...

Completely joint.

tut

Joint here as well. Primeraly because Ruth works in the bank which has it's up sides and down .

We both pay the same amount into a joint account to pay our bills, then have our own account for our own money. Its not a hard and fast rule though, as i pay for all the cars and stuff, but neither of us complain, and if she ever needs money, she only has to ask.

Joint in our case.

Laura takes care of the cash. If she didn't I'd be sleeping in a 458 Italia and hiding from debt collectors

I pay for everything.

If Katie ever earns anything, I never see it, though it does extend the time between her explaining to me that I have neglected to put money in her bank account

Katie never asks what money gets spent on cars and related expenses, though, which is the way I like it

Cheers,
Robin

I kinda like the Iddon Method. Very chivalrous.

However ours is more like the Stevoraith method. For the moment at least.

We have friends who pay themselves a set monthly allowance as well.

We have spreadsheet trackers n stuff. I'll stop there...

Joint. We started out with our own accounts but it works much better as joint.
Having said that we both also save money into separate accounts - me for GP trips and cars, Ann for trips to London and shows.

robin wrote:I pay for everything.

If Katie ever earns anything, I never see it, though it does extend the time between her explaining to me that I have neglected to put money in her bank account

Katie never asks what money gets spent on cars and related expenses, though, which is the way I like it

Cheers,
Robin

Same here. Works ok for me.

Dan