How to Share Expenses in a Marriage
Part of the Video Series Personal Financial Planning Tips
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How to Share Expenses in a Marriage
Bringing home the bacon and paying the bills. So, once you're married who pays what. Well, this is a question that many couples grapple with. Let's say that one spouse is earning a hundred thousand dollars a year and the other spouse is earning fifty, should the bills be spent fifty-fifty? Well, one option to resolve this is to sit down with your spouse what the expectations are of paying the bills every month. It might make sense for the person earning a hundred thousand dollars to pay seventy percent of the expenses and the person earning fifty thousand dollars to pay the remaining thirty percent. If that doesn't work, work out a plan that's fair for both of you so that you're both contributing but you both have extra money leftover. So much information, so little time. Well, we're about wrapped up here, thank you for joining us and I hope you found this series of segments to be informative. / So much information, so little time. We're about wrapped up here, thanks for tuning in to Expert Village, I hope that you found this series of segments to be informative and if you need further information feel free to contact or reference my website at tammytrenta.com or you can ask your own personal finance questions as well as refer to some of the worksheets we discussed throughout the segments. Well, that's it for now. I'm Tammy Trenta, thanks for allowing me to help you with your money matters.
Bringing home the bacon and paying the bills. So, once you're married who pays what. Well, this is a question that many couples grapple with. Let's say that one spouse is earning a hundred thousand dollars a year and the other spouse is earning fifty, should the bills be spent fifty-fifty? Well, one option to resolve this is to sit down with your spouse what the expectations are of paying the bills every month. It might make sense for the person earning a hundred thousand dollars to pay seventy percent of the expenses and the person earning fifty thousand dollars to pay the remaining thirty percent. If that doesn't work, work out a plan that's fair for both of you so that you're both contributing but you both have extra money leftover. So much information, so little time. Well, we're about wrapped up here, thank you for joining us and I hope you found this series of segments to be informative. / So much information, so little time. We're about wrapped up here, thanks for tuning in to Expert Village, I hope that you found this series of segments to be informative and if you need further information feel free to contact or reference my website at tammytrenta.com or you can ask your own personal finance questions as well as refer to some of the worksheets we discussed throughout the segments. Well, that's it for now. I'm Tammy Trenta, thanks for allowing me to help you with your money matters.
About the Expert
Expert: Tammy Trenta is an experienced sought after entrepreneur and seasoned financial expert. Read More
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