Great question! Happy Friday all! My boyfriend and I moved in together last month. We split rent and bills equally as we earn similar amounts. I have the direct debit for council tax and he is responsible for the other bills. We balance this out at the end of the month using a spreadsheet he made to track our household expenditure. but u…
Great question! Happy Friday all! My boyfriend and I moved in together last month. We split rent and bills equally as we earn similar amounts. I have the direct debit for council tax and he is responsible for the other bills. We balance this out at the end of the month using a spreadsheet he made to track our household expenditure. but usually the council tax costs more than the other bills so he sends me money. I'm in charge of the grocery shopping so use monzo split to request half of the money back. We use monzo to split most things. He tends to pay more on dates and holidays partially because he likes to and also because I have higher outgoings due to private therapy costs. I also sometimes fully pay for dates as well.
He may end up earning much more in the near future due to his sector and then we will split rent or (a mortage if we have one by then) equitably rather than equally. We had this conversation before moving in together.
We don't have a joint account as we've just moved in together and using monzo split seems to be working well. We both also have two accounts each so would find another hard to manage. We will definitely consider getting a joint account next year.
Great question! Happy Friday all! My boyfriend and I moved in together last month. We split rent and bills equally as we earn similar amounts. I have the direct debit for council tax and he is responsible for the other bills. We balance this out at the end of the month using a spreadsheet he made to track our household expenditure. but usually the council tax costs more than the other bills so he sends me money. I'm in charge of the grocery shopping so use monzo split to request half of the money back. We use monzo to split most things. He tends to pay more on dates and holidays partially because he likes to and also because I have higher outgoings due to private therapy costs. I also sometimes fully pay for dates as well.
He may end up earning much more in the near future due to his sector and then we will split rent or (a mortage if we have one by then) equitably rather than equally. We had this conversation before moving in together.
We don't have a joint account as we've just moved in together and using monzo split seems to be working well. We both also have two accounts each so would find another hard to manage. We will definitely consider getting a joint account next year.