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Healthy Finances in a Relationship

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Viewing 5 posts - 1 through 5 (of 5 total)
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  • #43357
    John
    Participant

    Hey TinyBuddha community!

    Here’s a more lighthearted question that has been crossing my mind recently:

    How should a couple split the costs for joint living expenses (e.g. rent, food, gas, etc. )? Should it be split 50/50 or should it be proportional to their income?

    What would the Buddha say? 🙂

    #43553
    tulips8
    Participant

    What is the situation? Are you married or not? Kids? What kind of jobs/wages? Is one person expected to do more at home/with the kids?

    #43554
    tulips8
    Participant

    I think every couple works out a groove for that — but in my opinion, counting and keeping track of things like groceries is trivial and nit-picky. Just trade off.. Large expenses can be discussed…Generally I feel if one person makes a lot more than the other, then either 1. it can be proportional or 2. type of housing/costs should be considered if splitting 50/50. The idea, I think, is to not let money run the relationship, as most divorces are over this. It also doesn’t mean to ignore it. It seems if both people are financially independent in that they can support themselves, a lot of problems are overcome. But this all gets more complex with marriage and children.

    #43585
    Jade
    Participant

    My advice is to split it proportional to income. So if both are making the same money, sure split it 50/50, otherwise draw it along income lines. But then again, what works for a couple is completely unique and complex. 🙂

    #43605
    John
    Participant

    Thanks everyone for all of your great responses. I’m not living with anyone right now, but I hope to someday and I’d like to make sure we start off on the right foot when it comes to money.

    The consensus thus far seems to be whatever the couple agrees to and feel comfortable with.

    If anyone has any other advice, keep it coming. 🙂

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