Insight into couple finance
I want to understand from happily married couples, how do you manage finances and what's working for you and what's not? How do you divide expenses where both are working
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑Bring all money into joint account and both spend from there after savings.
And your spouse is happy doing that? Do you have any budgeting % that you follow? How to you divide your individual spends?
How can both people do UPI transactions from the same joint account? Is it possible?
See best thing you can do 25-30% invest from both of your inhand salary.. Total combined EMIs shouldnt be touching more than 35% of your combined salary.. have life and health insurance. Have an emergency fund. Thats all if you both dont have financial commitments spend for your good.
If equal splitting, then Splitwise app helps. If unequal salaries and unequal splitting, do a calc of what expenses they can handle in their % e.g. only petrol and rent. Because salaries vary over time, you'll have to track it till expenses over time. You'll need proper discussion with your partner with the plan. Ensure no egos get in the way.
Yeah I don't think using Splitwise like roommates for spouses is the right way to go about it