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How do you budget as a couple? (thelemmy.club)

submitted 3 days ago by heydamianc@thelemmy.club to c/personalfinance@lemmy.ml

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I'm curious how you budget as a couple or budget with family. Does one person take the lead and it's their duty? Are you equal participants? Does each person leverage their strengths?

What works for you?

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[–] Im_old@lemmy.world 5 points 3 days ago (1 children)

Our incomes are very different. I take care of budgeting and paying 90% of stuff. Wife has a rough idea of budget, plus she budgets/pays some on her side (and I have a rough idea of that). Whatever's left afterwards (usually in my account) is ours, not mine. The stuff for my hobbies is in the budget, not what's left. What's left (if any) is additional savings basically.

[–] talentedkiwi@sh.itjust.works 2 points 3 days ago

This is basically what we do. I take a small "cut" for my hobbies or whatever. She takes the same or likely a little more. What's leftover is family budget.