When there's a significant income disparity within a relationship, splitting expenses proportionally can lead to one partner having significantly less disposable income than the other. This inequity can cause financial strain, with one partner able to afford luxuries while the other struggles. In such cases, it may be more fair to manage finances together through shared accounts or by one partner covering more expenses, ensuring both partners feel equally supported in the relationship.
Splitting expenses proportionally to income often leads to unfair financial burdens, especially if income disparity is significant, resulting in one partner living paycheck to paycheck while the other thrives.
A suggested approach for couples with income disparities is to consider shared accounts, throwing all earnings into a common pot, and managing everything together.
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