What does your income contribution to your household go to? Half the bills total, or specific ones divided?
104374
We have a joint account, and also a seperate account. The joint account is savings. He pays bills and rent, i pay everything else, and it works out even. (ofcourse if one is short we'll back them up, but it works out easier than checking up on the other all the time to ensure they are not spending the "our" money on silly things - ie video games)
55006
Basically your standard deduction is doubled and your tax will be at a lower rate. If there are kids, you have more deductions depending on your income and their ages.
305953
Both!  I love to spend.  On Anything!  But.  I always get the bills paid, deposit into savings, and buy the household supplies.  Any extra money is either spent on activities on the family or saved in a different account for a summer vacation.  We always keep enough money in our reg savings to major cover car repairs, home repairs, and to survive a month if one can't work.  My best saying is " You've never seen a Hearst with a luggage rack!"  As for the inheritance side of things "It's more about memories than the money."
1170592
It depends on the type of income. Most often, I think it is at a flat 20%, if withholding is done at all. If it is in the nature of a pension, withholding is done as if it were wages.
167572
I'm married, and we kinda both do.  We openly discuss our finances every day, he gets a "limit" for how much he can spend on lunch during the week so we dont' run under and also because we have two kids and never know when we'll be seeing the pediatrician.  Even a couple of $20 copays and prescriptions can make a difference in a family's budget.  I usually pay the bills, but we discuss how much goes to the credit cards each month, etc.  Sometimes I'm in charge of the cable bill and sometimes he is if he's got less to do than I do.  Do whatever you have to do to keep out of debt though.  It's hard giving up total control, but just communicate and he'll gladly inform you of your financial status. :)
290259
This would depend on what state you are from....In Pennsylvania you can apply for Public Assistance and bring your unpaid bills into the office and they calculate the bills against your income and then figure out what percentage of the bill yuo would be responsible for...Check it out to see if this is available in your state.
758325
There are three rates of income tax (10%, 22%, 40%) plus national insurance contributions (10%). As a generalisation, assume about third of you salary will go on taxes.
122353
I think a rough estimate in the United States is about 1/3 of income goes to federal income taxes of course it is higher if you make more and lower if you make less but I think that is average....\n\nThen depending on the state around 6% sales tax (some states don't have sales tax)\n\nThen if you own a house add in some property taxes usually 1.5% on the value of your home per year.
248629
Your total monthly housing payment (including taxes and mortgage and insurance) should be about 1/3 of your take home pay.  So, you can figure your mortgage by what that payment amount would equate to!\n\n:-)
956891
You need a checking account to write checks on to pay your bills.  You need a savings account to put away funds for your future.  The checking account will pay little or no interest on the funds you leave in it.  The savings account will pay a better interest rate of the funds in it.  You should have both kinds of accounts.  Use the checking account to pay bills.  Use the savings account to begin your pursuit of economic independence.  Try to put away ten percent of your take-home pay into the savings account.  Also,try to put away all weird little monies you get such as a rebate on a purchase or  Christmas gift check from a relative into your savings account.  Over time you will probably exchange the savings account with a money market account...and likely branch out to certificates of deposit and mutual funds as you increase the balance in the money market account.
642437
Yes, it includes income of all persons that are in the household.
25979
I guess it depends on if you're living with them or on your own.  Living at home, you could help with income from a job (if you're old enough), offering to give up some things that contribute to their expenses, or just be more economical with heat and electricity.\n\nIf you're on your own, you could simply offer some money every month if you can spare it.  Maybe offer to pay a credit card or utility bill every month.  Or you could help them research ways to get their financial situation in order.  Homeowners have a lot of options related to their home's equity--maybe a bill consolidation loan secured by equity.\n\nMostly, just be their kid, and let them know you'll do whatever it is you can to help.  I'm sure it will mean more than you will know.
143434
Each section has a different purpose.  One is to record how much you made before anything was taken out, another is for how much social security was taken, medicare, any insurance you need etc.  Then it also shows how much you really took home.  Depending on which state you are from it could be listed in a different way.  Usually a state will post a guide to understanding your return on their website.  That's the best place to look for exact answers.
895899
Im really good at this sort of thing, I do this for a living( not set budgets) but loan according to debt to income ratios. so you need to let me know what other bills you have.I would love to help, Email me.
695031
My husband and I both have our own separate savings and checking acct as well as one joint acct we both contribute money to as we're both employed.  All the household bills and mortgage payments are taken out of the joint acct.  Personal spending is taken out of our own accts.\n\nThe reason ours is set up this way is because my husband is the bigger spender between us two and we want to have emergency money for "just in case" as u never know if something will come up.  This was an agreed upon arrangement prior to getting married.
26727
does it matter??? the monies go in the same account right?
783094
Give us more information on your scenario. What other income do you have? How much do you owe? How much is it worth? Get into more detail and we may be able to help.