It might be tempting to go with all shared accounts (our money approach) but it can be a major source of conflicts due personal preferences etc.
I don’t remember where I saw this advice - but it was to the effect of; instead of splitting bills equally, each spouse contribute say 20% of their take home for common bills and X% for emergency funds. With percentages adjusting as bills change of course.
I think that’s a much better approach & distribution of bills based on income.
I don’t remember where I saw this advice - but it was to the effect of; instead of splitting bills equally, each spouse contribute say 20% of their take home for common bills and X% for emergency funds. With percentages adjusting as bills change of course.
I think that’s a much better approach & distribution of bills based on income.