Our system:
My monthly net income + her monthly net income
subtract:
mortgage payments
groceries
utilities
misc. expenses
car payment
insurance
contingency fund
investments
savings
Whatever is left over is divided by 4.5, then divided between the two of us, and that's how much we each have to spend each week on whatever we want.
Big purchases are discussed and taken from the contingency fund/savings.
Took a couple of months engrain, but it works like a charm.
|