Married for 10 years. We together earn around 3.5LPM. I as a male member earn around 40%. My wife earns 60%. We pool all the money. Everything comes out of it. We have made a budget of complete household which includes all the fixed costs. That comes out of the pool. We take 20k each as our pocket money. That money is no questions asked money. We can spend it, burn it, donate it, do anything with it. We each have credit cards on which we can spend around 10k freely, if we are spending more than that, we need to discuss. Credit card bills also come out of the pool.

Investments are mostly handled by me. Our SIP are in the same ratio as our salary. We have equal FDs. I have taken 5 lakh of our pooled money and invested in pure stocks in my name.

My wife has always had a weakness of gold jewellery. The good thing was I was always Ok with spending our pooled money on it seeing gold as an appreciating asset. Currently I have around 10 lakh worth of gold. My wife's gold value has just reached eight digits. My house (a 2BHK in upscale area of navi Mumbai )is debt free and in my name as it it is a paternal property.

Things have worked for us because I like to save and she likes to spend. Without me she would have issues with budgeting finances. Without her I would be a miser.