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Ask Dr. Helen: When Wife Out-Earns Hubby

March 10, 2008 - 1:00 am - by Helen Smith
Pat
2008-03-10 06:05:18

As practical advice, I think it’s important for working adults to have their “own” money aside from the pool. Figure out your monthly recurring expenses, say $5000. Then figure the proportion each earner makes with regard to the whole — like 60%/40%. Add in your proportion to the bills, which would be then, $3000 and $2000. Each then puts the rest into their own account.