Couples & Money: Should You Split Everything 50/50?

The 50/50 Myth

In the early days of dating, 50/50 is the gold standard. It signals equality. “I am independent; I pay my way.”

But as a relationship deepens, 50/50 can become unfair. If Partner A earns £60k and Partner B earns £25k, a £100 dinner hits Partner B much harder.

Method 1: The Proportional Split (The “Fair” Way)

You split bills based on the percentage of total household income each person contributes.

Example: * Partner A earns £60k (70% of total) * Partner B earns £25k (30% of total) * Rent is £1,500. * Partner A pays £1,050 (70%). * Partner B pays £450 (30%).

Pros: Both partners feel the “pinch” of bills equally. Cons: Requires transparent math.

Method 2: The “Yours, Mine, and Ours”

You have three accounts: 1. Joint Account: For rent, bills, and groceries. You both pay a set amount into this monthly. 2. Personal Account A: For Partner A’s hobbies/clothes. 3. Personal Account B: For Partner B’s hobbies/clothes.

Pros: No arguments about “why did you spend £50 on video games?” Cons: Doesn’t solve the income disparity unless you adjust the contributions.

Method 3: The “Raw 50/50”

Everything is split down the middle.

Pros: Simple. Cons: The lifestyle is dictated by the lower earner’s budget. If Partner A wants a luxury holiday, Partner B can’t afford it. Partner A either has to pay the difference or downgrade the holiday.

Conclusion

There is no “right” way, but the “Proportional Split” is generally considered the most equitable for long-term partners. Talk about it early, before resentment builds.