Family Money

We have a joint account for the mortgage, rates and insurance. I pay the power, DH pays the phone.
We get paid on opposite fortnights, so we take turns to pay for groceries each week.
We have our own bank accounts, from which I pay for the running of my car and cell phone, and DH pays for his.
We contribute the same amount to the mortgage account, DH earns around 15k more than me per year.

We have a joint account here coz I'm not allowed to open my own    DH is also the only one with a regular salary so he has to share I am in charge of paying the bills and doing the groceries and all that, most of the time I even take out cash to give DH as spending money LOL. If I work and get paid cash then I'll use that for the groceries that week (or to justify taking more taxis than normal). But basically we don't think of it as "his" money, it's both of ours and we don't consult each other over day to day spending or anything.

Before, when I was working, we had our own accounts for our wages to go into but DH paid the rent and then I pretty much paid for everything else as it came up. When we did the groceries or major purchases together DH usually paid for those. That was before we were married, but we were living together.

Obviously everyone has a different way of doing things for their own situation. My parents always had a joint account for household stuff and then their own accounts as well. One of my aunties and her husband kept everything separate and paid their share of the bills always, right down to only one of them owning the house and the other paying "rent". Different things work for different people - I guess the problem is if you think the way you're doing things isn't working IYKWIM

Everything joint here too...I have always earned more than DH, but as others have said, we are working towards a common goal so it doesn't matter who earns what. One day (hopefully not too far away) DH will be earning WAY more than I ever will, so it all evens out in the end. We are by no means frivolous with our money, pay our bills, buy Bella things, and if we ever get ourselves things we tend to spend equal amounts.

All housework and childcare is pretty much equal too.

My parents went for separate bank accounts after they got back together after a temporary separation and their relationship has never been the same...

we have separate. DH's parents did and I have no opinion about it really. we both have access to each other's account. i pay...food, phone/internet, credit cardand stuff from mine. he pays rent, insurance....a few things.
I get paid more than him but when we work out our fortnightly budget, we just put it together as "income"

my aunt and uncle split EVERYTHING - to the last cent. i would find that very tedious.

TBH Kandice, you have me a bit confused though. you say that your DP is crap with money (and it sounds like it) and that you are good, but in another thread you said that you were really sh*te with money and couldn't save money for xmas. Or did you mean that as a couple you couldn't? Sorry, just to give advice, i like knowing all the info - just nosey I guess.

Another way of putting it, id rather have no money for a month and a new car, than luxary takeaways, munchie food, dinners and stuff.. IYKWIM

The money comes into the joint account. From there I make sure bills get paid. Savings go over to another bank. Grant gets his pocket money and my pocket money plus the food grocery budget goes over to my account. Then extra money for extra expenses and holiday money goes over to different accounts and then I pay McKayla her money from my account.

We both sit together every 4 months or so and I show him the budget. What stuff is coming up and how I am changes the budget. I also show him how the actual budget compared ect. So we see what we can adjust when needed ect.

Grant is the only one bringing income in but we would do it this way whether he is the one earning, or me or both.

DH and I have never understood separate finances. We had a joint bank account within a few months of going out and moving in together because it was just easier then splitting everything up. We also took turns at working and studying or taking time off over the years. Now we live with a friend and her son and we all have a joint household account to pay all our bills, rent, school fees, everything. We have a joint savings account to go towards big things (like our Kenwood Chef mixer and our uba energy efficient freezer, we are also saving to purchase a farm all together).

We all get $100 a week spending money (for anything like purchased lunches, takeways, clothes (although I get to buy maternity wear out of the Baby fund), anything frivolous or non shared). I guess we are socialists in many ways, we are very pro shared resources with all our friends and family and believe that life is much easier and happier when you have a strong community around you.

Forgot to add that we did have separate bank accounts initially but now have a joint account as I am not earning any longer.

We have just joint our accounts. Not thats its changed the way we spend. It was just easier to see exactly what we were spending.

We both seem to just whatever, except when it comes to big things we usually chack its ok with the other first. We are both not too bad with money so dont have too many problems. We are trying to stick to a budget so at the begining of the week when we do groceries, we take what ever is left from $200 out in cash and split it in half to use for the rest of the week. For bigger things like petrol we both put in some of our cash, and takeaways seems to be by who ever has anything left.

I dont really think of it as his money as hes the only one earnig it because Im the one that has chosen to stay and look after his kids so he can work. We are all one unit and the money is for us all.

Everything joint here too. Has been since we got engaged (about 5 months after we met!! )