alexandersupertramp
alexandersupertramp

Married men, how much do you spend v/s your spouse?

It’s a question that many men want to discuss but can’t in the open. How do the costs of life split between you and your partner? If you’re both making the same money, is it 50-50? Or do you each handle certain categories of expenses without getting into the details?

16mo ago
DopeyPoint33
DopeyPoint33
Open16mo

We pool everything into one account. Pay everything by sitting together and going over our expense.

We discuss every purchases that costs over 1000 and only then place the order unless it is an emergency or for food.

potatomato
potatomato

Discuss every purchase! Damn more meetings at home 😭 /s

Saabo
Saabo
Amazon16mo

Need to take approvals for every purchase Kya faida kmane ka 🥺

Stillgrowing
Stillgrowing

I pay all the bills and expenses. My wife pays the house EMI. Apart from that, we also maintain our expenses daily in a google sheet shared between both of us. This gives us insights on our investments and expenses at a daily level.

Stillgrowing
Stillgrowing

Idea is to investment atleast a minimum of 70% of our total income every month.

jake_peralta_B99
jake_peralta_B99

What? 70%? How much are you guys earning collectively for this to be possible?

Lenses
Lenses

No such criteria to split as such. I pay for almost everything form my credit cards. She pays for her normal txns using upi. That’s it mostly. Whatever money we have is family money and not mine or her. Keep it simple bro, don’t over complicate things and don’t bring egos in between. You have to live together under same roof for many decades. We both have our say in case of making any big purchases.

Lenses
Lenses

For eg: I have paid off her education loan (she took before marriage) since I had money in the bank. Why pay 9.5% interest on her loan when I am getting return less than that on money in my bank account. Every earning is family earning and every liability is that of family as well.

alexandersupertramp
alexandersupertramp

agree. btw - how long have you been married ?

satoshi_nakamoto
satoshi_nakamoto

All the bills and necessities I pay for, but I live with my parent (WFH) so no rent or anything.

Apart from that I give my wife 15k every month that she can spend however she likes my expectations are that she saves that money and invest at the end of the year.

I have also given her a credit card which she can use for anything, the OTP comes to my phone so if I see any significant spend i.e above 5k I ask her about it otherwise I just send her the OTP

somefinetofu
somefinetofu

She's not financially independent, I'm guessing? Getting a bit of kid vibes from her. Getting pocket money, asking for OTP, etc

satoshi_nakamoto
satoshi_nakamoto

She’s a doctor but not working as of now, taking care of our newborn ( < 2 months old )

_TheScream021
_TheScream021

We have an axio (walnut) group via which we split all the common expenses like bills, rents restaurant visits, and even rickshaws etc. Whatever else is each's own money, so either of us can spend or save or invest however they deem fit.

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