How expensive is life in San Francisco? Couples follow the 50-50 rule
An Indian woman in San Francisco shared her experience managing expenses with her husband under a 50-50 financial model, which has surprised many social media users.
In a recent social media post, Shivi Chauhan, an Indian woman residing in San Francisco, highlighted how she and her husband effectively manage their household finances despite the high cost of living in the city. Together, they earn an annual income exceeding $250,000, which they strategically allocate to various household expenses. Shivi detailed the division of responsibilities, stating that her husband covers the mortgage and taxes for their home, while she manages all other expenses, including daycare and credit card bills that encompass costs like fuel, groceries, public transport, utilities, and travel.
The video has garnered significant attention, as it exemplifies a cooperative approach to financial management, particularly in a high-cost area like San Francisco. The couple's method of sharing financial responsibilities equally allows them to navigate their budget more effectively, even amidst soaring living costs. By adhering to the 50-50 rule, they aim to foster balance and reduce potential financial stress.
This transparent approach not only informs viewers of practical budgeting strategies but also sparks conversations about financial partnerships in relationships, especially for those living in expensive cities. The comments on Shivi’s post indicate that many users were taken aback by both the cost of living in San Francisco and the couple's effective management tactics, reflecting a broader conversation around financial literacy and responsibility in modern partnerships.