For whom?
This mode of functioning requires a high level of trust and being clear about your financial priorities in order to avoid misunderstandings or frustrations.
Functioning?
All expenses and savings are made from a joint account fed by the total income of both partners.
Values prioritized?
Team spirit, sharing
Disadvantages?
It implies that both partners agree in the way of spending money.
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Budget Management Mode as a couple #5: The "Taking Turns" functioning
Each has his personal account and makes his own expenses.
For whom?
This mode of functioning is ideal for couples who do not live together and who have no dependent children.
Functioning?
Each partner takes care of his own expenses.
Values prioritized?
Freedom, autonomy and independence