The ideal financial management approach for partners involves pooling a significant portion of income for shared expenses and investments, while retaining a smaller amount for individual 'play money' or personal discretionary spending.
"What it means is partner one and partner two both have salary bank accounts and both of them will say that we will keep Rs. 10, 15, 20 or whatever is there from this for ourselves and the rest will be swapped in to the common bank account. So that Rs. 10, 20 becomes your individual fund money, play money. You can use it in any form, but it is not your investment amount. It is, as I said, your fun money and your play money. So, from the common pool, you will spend your monthly expenses. From that, you will spend for your needs, from that, for your desires and from that, for your investments."