Dalvin Brown
speaker
364 appearances
7 recordings
1 series
first heard May 2024
last heard Nov 2024
Dalvin Brown’s voice in public audio — every appearance, attributed to the second.
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Appearances
Many find that a 50-50 split isn't always practical, especially when there's a significant income disparity.
And keeping separate accounts allows each partner to maintain financial independence while also contributing fairly to any shared expenses that the family has.
There's a plethora of different ways that people are dividing expenses up.
One of the things that I found interesting that I talked about in my story was that more people are choosing 60-40.
So they're deviating from 50-50, but they're not going too far away from that.
But it also leaves room for people who make more or less money than their partners.
Technology is sort of like the third person in the relationship.
They're using Excel spreadsheets to monitor how much they are each contributing to the household expenses.
They're using apps like Splitwise or Monarch, bill managing platforms.
And they're also using these platforms to communicate with one another about money if an expense pops up that they've noticed that their partner hasn't paid or something shows up that they're unfamiliar with.
They're communicating through some of these apps as well.
Because it's easier to have the conversation virtually than it is to talk about money in real life, it seems.
Yeah.
And I think that's also why more people are choosing 60-40.
Because if you go with a ratio that's very exact, it may come across as petty or as if you're nickel and diming your partner.
And no one wants that.
Several of the financial advisors I spoke to said that ratio-based splitting works for the most number of couples.
While 50-50 is still a very common split, they say that a lot of couples these days feel like it's fairer when they're able to contribute based on the amount of money that they make rather than trying to make sure that everything is equal.
evenly split all the time.
And then the financial advisors told me it's also just sort of unrealistic to think that in all the cases that your marriage will always be able to both equally contribute financially when things change over time.
Showing 161–180 of 364 · page 9 of 19
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