We split bills equally even when one of us earned a lot more
•Hannah and Max split their finances equally, regardless of their income differences.
•They deposit their salaries into a joint account for shared expenses and personal spending.
•The couple emphasizes open communication about money, contrasting their different family backgrounds.
We split bills equally even when one of us earned a lot moreImage source, Hannah and MaxImage caption, Hannah and Max have one joint account where their salaries are paid into and all bills come out of it ByYasmin RufoBusiness reporter PublishedJust nowHannah 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.If one of them wants to buy clothes, make-up or go to the pub they can do that without feeling watched and "it means we aren't accountable to each other for those things", says Max.They also divide money into different pots, including savings and smaller funds for predictable spending like haircuts.'Money was taboo in my family'The pair came into the relationship with very different attitudes to money - Hannah's family discuss finances openly whereas for Max, "money was totally taboo"."We never spoke about money so as an adult I was left without any knowledge of things like what's a good salary or how to negotiate my pay," he says.When it came to buying a home together they had to be honest about how much they earned, how much they had for a deposit and what they could realistically afford."As first-time buyers, there are costs you don't think about, like stamp duty and solicitor fees, so it was important we both knew exactly how much money we had," Hannah says.Image source, Hannah and MaxImage caption, Max and Hannah hav...المصدر: BBC Business | Source: BBC Business
→Hannah and Max split their finances equally, regardless of their income differences.
→They deposit their salaries into a joint account for shared expenses and personal spending.
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This article was originally published by BBC Business. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
