At Green Panda Treehouse, a blog for college students and recent graduates, author D shares some information about how she and her husband manage their family budget. In summary, D and hubbie divide their income into three piles: hers, his and ours.
I think the key for us is keeping it easy to use and easy to change. We use a Google Spreadsheet for our joint budgeting. It lists our deposits and expenses for the month. We also add a buffer in case we go over. Using Google for our spreadsheet is great as we share the spreadsheet and it notifies the other of changes.
We review this on an as needed basis, if someone gets a raise or works more hours, etc. To determine how much each deposits, we go by monthly income and come up with a percentage and then use that to calculate deposits.
Read the story in full here.
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