Using Wealtie: How to share a budget with your partner in Wealtie, roles and all

How do you share a budget with your partner in Wealtie?

Through a shared account. The account owner invites their partner and gives them a role, the partner accepts, and from then on both see the same account, its spending and its balance.

Sharing is per account, not per person. That's the useful part for couples: the shared account holds what you share, like rent, bills and groceries, and each of you keeps your own accounts for everything else.

What do you need to share an account?

The person who owns the shared account needs Wealtie Pro to send the invite. The person who accepts can be on any plan, Free included.

So one Pro subscription is enough for a couple. The owner sets up the account and invites; the partner joins from their own Wealtie, on Free if they like, and keeps their own personal accounts as they were.

Which role should your partner have?

There are three roles: owner, editor and viewer.

For most couples, both people log shared spending, so the partner joins as an editor. Viewer suits a situation where one person runs the household money and the other wants to see it, or where a family member helps with a budget without taking part in it.

Pooled or per-person balances?

Choose pooled if your shared money is one pot; per-person if each of you puts in a share and you want to see who has paid what.

A pooled balance suits couples who pay everything shared into a joint account and spend from it together. Per-person balances suit couples who pay for shared things from their own cards and settle up later. Either way, the shared account shows the total.

How do you split expenses that aren't 50/50?

Split them to the cent. Each shared expense can be divided between you in whatever proportion you've agreed.

Here's a worked example in round numbers, the same in any currency. Shared costs come to 2,800 a month, and you split by income, 60/40. That's 1,680 and 1,120. When the weekly shop of 150 goes in, it splits 90 and 60. Over the month, each person's share adds up to the agreed split without anyone working it out by hand.

Not sure which split is fair? How to split bills as a couple compares 50/50, by income and pooled, with a worked example.

What stays private?

Everything outside the shared account. Your personal accounts, your own spending and your own budget aren't visible to your partner unless you share them.

That's often what makes a shared budget work. Shared costs are transparent; personal spending money is personal. Agree a rough amount each of you spends without checking in, and the shared account stays about the shared things. Should couples have joint bank accounts covers how the same idea works at the bank.

Does it work for flatmates too?

Yes. A shared account works the same way for flatmates sharing a home: one person owns it on Pro and invites the others, who can join on Free.

Put the shared household costs in it: rent if one person pays the landlord, utilities, internet, cleaning supplies and the shared shop. Per-person balances are usually the better choice for flatmates, because each person pays for things on their own card and settles up. If rooms aren't the same size, split the rent unevenly to the cent and the rest of the bills equally. How to split rent with roommates shows a fair way to set the shares.

How do you set it up, step by step?

1. Agree what's shared before you open anything: rent, bills, groceries, household, shared subscriptions.
2. Agree the split: 50/50, by income, or pooled.
3. The owner creates the shared account on Pro and invites the partner as an editor.
4. The partner accepts on their own phone, on any plan.
5. Add the shared fixed bills as recurring transactions, and set a budget for the shared spending.
6. Check it together once a month: what was spent, whether the split still feels fair, and what's coming up.

More on how shared accounts work is on the feature page.