I was scrolling through Instagram stories some months back and I saw a post where a lady was complaining that her partner always wants her to split the bill equally even though he has money. I wasn’t surprised though. People have different money mindset. This is a post for another week.

If you’ve been following my posts, you will know I’m not one who believes that one person should bear it all when it comes to finances in the home. You can catch a glimpse of my belief by reading this post. I’m not also of the belief that you should always want to split the bill all the way to the middle so you both share it equally.

Hey, your marriage—your finances inclusive—is not a 50-50 split. Click To Tweet

Hey, your marriage—your finances inclusive—is not a 50-50 split. Have it at the back of your mind that it requires giving your all, and making sure there is enough on the table to go round. However what works for you is left to you and your spouse. There is no one size fit all when it comes to this.

If you always seek to split the bill all the way up, it might lead to friction between you and your partner and it is draining the life and joy in your marriage. For instance, if you earn 500,000 Naira, and your partner earns 300,000 Naira, and you have a project that will cost you 500,000 Naira, it won’t be realistic to expect to split the money all the way to the middle for both of you. Again, this leads me to reiterating the need to embrace the mindset of ‘our’ rather than ‘mine’.

If you always seek to split the bill all the way up, it might lead to friction between you and your partner and it is draining the life and joy in your marriage. Click To Tweet

There are a lot of things you have to consider when it comes to how you both want to split your finances if you hold that belief that you have to split it and it’s not a joint thing. What is your partner’s earning capacity? What are your pressing needs—priorities? What fraction of your total earning can you contribute if there’s a project at hand? Are you willing to have a joint account for major projects? All these and more should be put into consideration.

Another thing you should look out for is make sure you have an ongoing discussion about your family’s financial state. Don’t assume things that will eventually cause a rift between you. Be transparent with your spouse concerning your income so they will know where you stand.

Remember, there is no one size fit all. Do what works for you and what is comfortable with you and your partner. Click To Tweet

Remember, there is no one size fit all. Do what works for you and what is comfortable with you and your partner.

With love,

Oluwakemi.