To be fair, your friends aren’t proposing an even split just to be sadistic. Use Bill-Splitting Apps. However, if you look deeper into it, it doesn’t do a good job of distributing the incentives to make more money and get a raise. If you’ve just moved in with your significant other or you’ve been living with them for some time, splitting bills based on income is still your best option if you’re looking for fairness. When you’re sharing all of the food, it can make sense to split the bill evenly. Find out how to split money and bills to be fair. For example, we have two earners, Susan and Tom who spend 4,500/month. On the web, iPhone, and Android! Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. IOU is an app that helps you keep track of all your IOU’s that you have to your roommates. Whether it’s through marriage or cohabitation, there comes a point in most serious relationships when we start talking bank accounts and savings accounts , investment strategies and retirement plans. Using apps can be very helpful in keeping track of bills and executing the payments. Split expenses with friends. Splitting the Bill Evenly. These menus are designed to be shared, so if you go out to eat, it may be easiest to split the bill evenly. And splitting larger bills—like rent, utilities, and keeping your apartment stocked with toilet paper—can add even more complexity. 6. It might mean one spouse covers gas, groceries, gifts, entertainment, and the other covers mortgage and housing expenses – and so fourth. Well, I’ve got some good news: There are a bunch of great apps that do the calculating—and in some cases even the communicating—for you. Splitting Bills With Your Boyfriend or Girlfriend. Dear Unfair, I recently surveyed a large group of friends to ask how they split bills with their live-in partners. Today, there is an app for just about everything, and that is true for splitting bills between roommates. Regarding splitting bills as a % of net income: It makes sense in a certain way for a husband and wife to split bills in this manner. Some friends are more financially comfortable than others so to make it easy on everyone, I always split the bill evenly and then tell everyone that amount and mention if people got drinks & apps to pitch in a little above that and for those who didn't, feel free to put in a little less than the even split amount and it always works out. In today’s dining landscape, restaurants designed around small plates are everywhere. As far as how to split the bills (who pays what), it makes sense to map out a budget and then give direction as to who will cover what expenses. 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