Monthly Income
Shared Expenses
Monthly Budget Summary
Total Income
$0
Total Expenses
$0
Remaining
$0
Contribution Breakdown:
Partner 1 Pays (0%):
$0
Partner 2 Pays (0%):
$0
Why Use a Proportional Split?
Splitting expenses 50/50 works well when incomes are similar. However, if one partner earns significantly more, a proportional split (where each person pays a percentage of the bills equal to their share of the total household income) is often considered fairer. This ensures both partners retain a similar percentage of their own income for personal savings or spending.