The Barefoot Investor (Classic Edition)

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The Barefoot Investor (Classic Edition)

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Shared Expenses Splitter

Split shared child-related expenses fairly between separated parents based on income. Cover school fees, medical costs, activities, childcare, and more.

This calculator provides estimates only. For official assessments, use these government resources:

How this calculator works

Enter both parents' incomes and all shared child-related expenses. The calculator totals the expenses and splits them according to your chosen method — proportional to income, straight 50-50, or a custom percentage. The result shows each parent's annual and monthly share for every expense category, plus the total.

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The Barefoot Investor (Classic Edition)

The Barefoot Investor (Classic Edition)

One of the most useful tools Australians are buying right now.

$19.00 ★★★★★ 4.8 (8.2K reviews)
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Frequently Asked Questions

Should shared expenses be split 50-50 or by income?

There's no single rule. Many families split proportionally to income so the higher earner covers a larger share, which is generally considered fairer. Others agree on 50-50 for simplicity. The best approach is whatever you can both agree on — this calculator lets you compare both.

Are these expenses separate from child support?

Yes. Child support covers the basic cost of raising children. Shared expenses like private school fees, orthodontics, and sporting activities are typically negotiated separately between parents, often documented in a parenting plan or consent order.

What if one parent won't pay their share?

If expenses are included in consent orders or a binding financial agreement, they're legally enforceable. If they're informal arrangements, you may need to apply to the court or negotiate through mediation. Services Australia can also include certain expenses in a child support agreement.

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