WOW | Men Speak
How should expenses be split between couples?
Our generation is moving forward. Today you can see that both partners are working hard to meet their financial needs. When it comes to discussing how expenses should be split between partners, there are few important factors we should consider. Are both partners are financially active? Gender inequality also plays a vital role as men are likely to get paid more than women hence women may make less contribution towards expenses.
In my opinion it really depends on the individuals… how hard are they working towards meeting their financial goals and also how dedicated they are to one another. The key to success is finally good communication, planned budget and fair sharing of household responsibilities. Let’s not forget about the most important thing which is respect. We must respect our partner for their contribution no matter how big or small. We should always take into consideration our partner’s feelings when making financial decision so as not to hurt their self respect or burden them.