We split bills equally even when one of us earned a lot more
A married couple shares their approach to managing finances by pooling all income into a joint account and splitting expenses equally. They emphasize the importance of open communication and transparency to navigate different financial backgrounds.
Why it matters
It highlights evolving modern relationship dynamics regarding financial independence and the practical challenges of merging assets in a marriage.
Image source, Hannah and Max Image caption, Hannah and Max have one joint account where their salaries are paid into and all bills come out of it
Hannah and Max have always split their money equally even when one has earned considerably more than the other.
"We've always wanted to do things 50/50," Max, 31, says. "We made a commitment to each other that what's mine is yours, and vice versa."
The couple got married after two years together, when Max was earning £70,000 a year working in tech, and Hannah, who works in the charity sector, was earning considerably less.
Their salaries go into a joint account and their mortgage, bills, food, petrol and other household costs are paid out of this.
Each month they take the same amount for personal spending.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in