Dividing Financial Responsibilities In Marriage

How to divide financial responsibilities with your partner, plus why it will help you take control of your budget and stop fighting about your finances! We're answering all your questions today.

How to divide up spending responsibilities in the home - Ideas from Fun Cheap or Free

Have you ever thought about why you fight over finances? It's because you probably have different ways of doing things, thinking about things, and different priorities. In the past, we've shared about why couples fight about money and some simple things you can do to help prevent fights.

To keep your family finances running efficiently and smoothly, and to help you stay on-budget – and fight less! I suggest dividing up spending responsibilities so you aren't stepping on each others' toes! Yes, you are all working for the same team and the same common goal, but by dividing up, you're making sure everything is covered, and it gives everyone the chance to track and manage things their own way.

Think of it this way…

Any successful company doesn't have two CFO's or two CEO's or two CMO's. Why? Because it's not efficient! And they would want to kill each other because everyone has their own way of doing things! The best thing to do is to give everyone their own roles and responsibilities based on their skills, interests, talents, and what they do on a typical daily basis.

I summarized this thought in this quick video, so take a look. Then scroll below for a detailed example of how my husband and I divide up spending responsibilities in our own household. Watch the video online or click and watch below:

Pretty simple, right? Here's a better breakdown on how to divide up spending in your family to help you stay on track of your budgets:

(Get a printable version of this breakdown HERE)


We're here to help you out and give you a few tips to help make dividing the financial responsibilities a breeze. As you're sitting down with your spouse, make sure you're open and communicate honestly.

Sharing financial responsibilities in marriage is essential! Check out tips for how to make it happen from Fun Cheap or Free

You'll need to keep in mind your strengths, as well as your spouse's strengths. Use this opportunity to build your spouse up as you are discussing financial responsibilities!

STEP 1: Go through every dollar you have spent for the last 3 months and write it out, line by line. Yes, EVERYTHING. A spreadsheet is probably easiest

STEP 2: Grab 2 highlighters, assign one color for each person, and don’t stop until every item on your list is divided up!

Tips for success:

  • Try to divide based on what your skills, talents, and typical routine revolve around.
  • Don’t get too stuck on it looking “fair”; it might not look like a 50/50 even split, and that’s ok.
  • This DOES NOT mean that you can’t help each other and that you shouldn’t be involved with the financial decisions of your family, it simply means that ONE person is in charge of the responsibility, tracking, and spending…but remember, you’re all working toward the same common goal!

STEP 3: Set a budget and take charge of your responsibilities!

You need to set a budget for each item. Yes, you can lump them together. Get a good idea on how we do this HERE and how we track our budgets HERE.


Once you have your budgets set, now you need to track them! That means you need to:

  1. Take charge and track the budget for this responsibility, which also typically includes doing the spending, finding the deals, and monitoring the saving up for (if needed).
  2. Spend responsibly and be organized with the shopping and spending.
  3. Still consult with your partner and be open to suggestions and ideas.


Here's an idea of how we divide up responsibilities in our house. In our house I'm home with the kids so my duties naturally revolve around the home, kids, schools, and activities.

How to set financial responsibilities in a relationship - Ideas from Fun Cheap or Free

When my husband was working full-time in an office and at a computer all day, his responsibilities naturally revolved around things that could be done on the computer, analytical tracking, and things he's interested in such as cars and taking me on dates. Even as his job responsibilities have shifted, he is still naturally more analytical and techy.

Dividing financial responsibilities in a relationship - Ideas from Fun Cheap or Free

Remember, every family will be different!

We've shared how we do it! But your home and financial responsibilities will probably look a little different and that is perfectly okay!


A few more thoughts that might help you be successful. I think it's important to dedicate ONE breadwinner and learn to live off of their income. That doesn't mean you can't both work, but by living off of ONE income it helps you prioritize your lifestyle, and will help you stay on-track and safe financially. It also gives the second money-maker the flexibility and option of staying home with the kids someday if they so desire.

If you're used to spending 100% of your combined incomes, you will be forever stuck with having two full-time workers in the home. Set ONE breadwinner, stock the other income away toward debt first then savings second, and you'll have security and flexibility that is invaluable.

Divide and Conquer!! How to share financial responsibilities in marriage from Fun Cheap or Free

I know I just brushed by all of this, but I hope it helps at least. Here are additional resources that help:

Thanks for reading!



  1. AvatarRebecca says

    I am a single woman, but I love the way you have divided spending between you and your husband so that nobody gets in the other persons way. Divide and conquer!! I have this week off and I am browsing through your website to get me some good tips for saving money. Singles need to be frugal too, especially when they only have a part time job and want to build a home based business like me. Thank you so much Jordan, you are not only very beautiful on the outside but also tremendously wise. I am sure your husband is very proud of you!

  2. AvatarBrenton says

    Greetings! Quick question that’s completely off topic.
    Do you know how to make your site mobile friendly?
    My web site looks weird when viewing from my iphone4. I’m trying to find a theme or plugin that might be able to correct this problem.
    If you have any recommendations, please share.
    Thank you!
    Brenton recently posted…BrentonMy Profile

  3. AvatarDiana Burk says

    Is it terrible if I fee like I am the President of our finances and my husband is the Vice President? He is the kind of person that is a “team player”—do s what he is told, follows through, etc. but hates to make the final decisions and take charge. I, on the other hand, am very goal oriented and organized and I have plans for our money and Family! So, is it bad if I say “here hun, these are your responsibilities” instead of it being mutual? It’s just so hard to make think this way that it is easier just to assign/delegate rather than be co-decision makers. I hope that makes sense. Thanks for any advice!

Leave a Reply

Your email address will not be published. Required fields are marked *