Financial arrangement for married couples

[bad driver]

Hello Guys, Me and the wife pool all our finances together and have equal access to funds regardless of who earns more.....

But then I realize there are many couples who keep their own money on separate accounts... just a quick survey of how pinoys handle their finances.

[Esnie.com]

since my wife is working also, my 60% of my salary automatically goes to our savings and if ever she needs to go to grocery alam na ng mrs ko saan siya kukuha ng panggastos. yung 40% ay sa akin na pang-chicks este pang gastos kung masisira ang auto or pang PM and to buy some necesity.

[v6dreamer]

Joint account kaming dalawa, regardless. Pero ako ang nang-aasikaso sa lahat ng bill pati grocery, parang Quarter Master.

[morrissey_05]

we halve all common expenses (bills like cable, internet, salary for maid etc) and make equal contributions to a joint account monthly. we take turns spending for groceries. pag may konti, like nanalo sa poker, balato para ke misis hehehe. we have separate budgets for our personal expenses. if we want to buy something luxurious (new cellphone, etc), bahala na isat isa to make budget for it. basta the system stays.

we have found that this system works pretty good. ive adviced this to some friends and they agree that it works for them too.

[_Cathy_]

What about housewives? Do they get the salary of the husband or do they get an allowance from the husband?

[froshie1]

Iisang bulsa lang kami ng misis ko.

[tidus1203]

Although la akong asawa, pero looking at my parents meron silang pool pero I am 100% sure meron din silang pera na di alam ng kabila

[bad driver]

My parents keep their own money and are assigned to take care of their share of house bills and mortgages. I have no Idea where I got my idealized view of having equal sharing with my wife. But it works for us and I wouldn't want it any other way. It sounds naive tho, I know, and does not look out for unforeseen events like separation or what not.

I do know of some friends who give their wives salaries instead of complete access.

[bad driver]

What about housewives? Do they get the salary of the husband or do they get an allowance from the husband?

Yeah, I think some housewives I know only get "salary" from their husbands.

While my wife has a bag collection costing more than a civic I think some changes should be made!

[empy]

where is the poll option for "pool all money, only wife has access" ?

[ghosthunter]

It's best to pool most of the money but keep some in a personal account. That way you still have money for personal vices.

[1D4LV]

for me and my wife, this works:

she pays for the MA of our house (everything) and the rest of her pay, its all up to her. she pays for the water delivery, she's the one buying rice, some out of schedule ulams and gives allowance to our kid during school days. she also pays for our annual summer vacation, takes care of our kid's school supplies.

ako naman, i handle most of the operational stuff at home (all bills), Lpg, groceries, recreational expenses during weekends, gasoline, tollfees, car maintenance costs and our kids tuition fees and books. the rest, she does not care on how i spend it.

we have never discussed or fought about money. i guess that is one perk of a couple being married for 14 years.

[Honda97]

i still need help from my wife financially. anyway, we keep separate accounts but we have our own financial responsibilities. she pays for the food for the house (grocery - food and drinks). i pay for everything else (house, bills, baby stuff, etc...) whenever we eat out, i usually pay unless she says it's on her. anything left over, we keep in separate savings accounts.

[fourtheboys96]

although my wife earns 3X as much ( i work in the govt), i try to make make equal contributions to all our expenses.

my wife has no choice but to take care of the water, electricity, and apt rental. those are automatically deducted from her salary hehehe

i am in charge of the food, drinking water, cable TV, part of the phone bill and some minor house needs like faucets, light bulbs, etc. i also take care of all the DIY house repairs.

we alternately buy the needs of our baby.

i buy the gas for my motorcycle. she buys gas for her car

[Galactus]

Share kami ni misis 50-50 for the major expenses (electricity bill & condo amortization). But otherwise, we spend our salaries any way we see fit.

We still live in my mother's house, kaya malaking tipid. Especially nowadays, mahal na lahat ng bilihin. Pandak na lang ang hindi tumataas!

[CVT]

We pool all our money together.

Then, we work on a (relatively tight) budget so that we can have some savings.

She handles the physical money, paying for the school bus, kids' school allowance, market expenses, household helps, rice, LPGs and others that can't be paid through credit cards. (While I survive on a meager allowance).

I then pay for all the petrol, utility bills, insurance, and credit cards electronically through our common savings account.

And, by the way, we give money to our parents every month.... Feels good for us. But, this is just us.....

Works well for our values and lifestyle.

5909:burn:

[theveed]

where is the poll option for "pool all money, only wife has access" ?

Agree! hehehe


Abot lang lahat kay misis sya na bahala hehehe

[bad driver]

Agree! hehehe


Abot lang lahat kay misis sya na bahala hehehe

Actually, this is my exact situation as well.... so option 1 nalang din kayo, guys....

So far so good naman... hehe... well, obviously, I'm a "good boy". No chicks so I really have no problem with this arrangement.... but she never, ever gives me any problems when I want money and doesn't really check on where I spend it.... mostly at Emperor motorsports. hehehe.

[Jetjock]

sa akin din lahat ng sweldo ko sa kanya pumupunta simula ng mag asawa kami. maski ng dito na ako sa abroad deretso sa kanya nag sweldo ko to the last dollar.ganun na naging set up namin at wala naman kaming naging problema.

[legend2destiny]

Me too, all goes to the common fund although ang allowances ay akin lang talaga for my hobbies.