+9 votes
by (280 points)
I have a couple questions for everyone! 1. ) when you bought your house how much did you have in savings (as back up for emergency’s) 2. ) how do you split the bills in your house? Thank you
I have a couple questions for everyone!

7 Answers

+6 votes
by (14.1k points)
 
Best answer
1. We had 6 months of living expenses in savings. 2. We don’t split bills, all of our money goes into one account, and all bills are paid from there.  
by (750 points)
@alida same. And we have separate personal checking accounts that we transfer our fun money to.  
+1 vote
by (2.2k points)
I had about 8, 000 in savings and we split ev everything in half because we weren't married but divided up the bills that were similar so I do utilities and he does gas and internet. I do garbage and he does netflix and hulu, stuff like that!  
+8 votes
by (1.3k points)
When I bought my house, I only had money in the bank for my deposit. now I have some emergency funds. For bills, my partner transfers money into my account and I pay them from my account. currently we are in credit for all utilities
by (280 points)
@clingy29 were you scared of anything needed to be repaired and not having that savings? We’re currently saving for our house and have about $3, 000 set aside for “emergencies”
by (1.3k points)
@lam3643 when I bought my place- I wasn’t too worried at the time. I am I under a strata group so some repairs get paid for as part of my quarterly fees. I am saving money for emergencies and have approx $3700
+4 votes
by (8.7k points)
We plan to have 1 year expenses BEFORE we buy our forever home. Plus a hefty rental fund for our other home. We don't split anything. Money goes into one account and we cash budget. His allowance gets transferred to his account, mine to mine, we discuss any other purchases that aren't covered by the budget or our allowance, and I handle the cash envelopes.  
0 votes
by (14.2k points)
1. We don’t own 2. We don’t split. Everything goes into and comes out of the same account.  
+7 votes
by (310 points)
We had 3 months of EF now we are beefing it up for 6 months of EF. My husband and I have a joint account and I take care of all the bills then send him his monthly allowance on Venmo.  
+2 votes
by (1.3k points)
We have separate accounts. Hubby handles all things house related, I handle all thinks child related (daycare/preschool x 3 - it’s practically an additional mortgage payment every month) When we purchased our first house our only savings was our down payment! We weren’t too worried about the house because it was only 7 years old. When we purchased our second home, we had 6mo expenses in savings.  
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