We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

whose money is it?

24567

Comments

  • pimento
    pimento Posts: 6,243 Forumite
    Part of the Furniture 1,000 Posts
    "All my worldly goods with thee I share.." I think is the apposite phrase.

    I hate to see a married couple bickering over pennies, counting everything put in and resenting everything spent. In my experience, they are the couples who break up. Everything is a competition.
    "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair
  • In fact, know what to do: ask her and see what she thinks. That'll be the right answer ... ;)
    Earn £10 a day JAN: £92.23 / £310 :j ...............NSD Jan 2/10

    14 months to debt free with snowballing (start date Jan 2012) £0/12600........JAN weight loss target 5/60 pounds

    I'll make it to the moon if I have to crawl
  • Person_one
    Person_one Posts: 28,884 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    Its both of yours, you should decide together to spend or save it in a way that benefits your whole family.

    If that's not immediately obvious I feel a bit sorry for your wife and kids.
  • I've just reread the op again. So yeah you do have kids and you admittedly earn a great deal more than your wife who presumably has sacraficed career to look after the little uns. And you're seriously asking if who this cash belongs to! It belongs to your family, who else would it belong to. Bung it into the pot and have a chat about what you both intend to do with it!

    This must be a wind up.
    Earn £10 a day JAN: £92.23 / £310 :j ...............NSD Jan 2/10

    14 months to debt free with snowballing (start date Jan 2012) £0/12600........JAN weight loss target 5/60 pounds

    I'll make it to the moon if I have to crawl
  • its yours but save it to pay the divorce solicitors
    Year 2019 (1,700/£17000mortgage repayment)Overall mortgage (71,400/165568) (44
    .1%) (42/100) payments made. Total paid 2019 year £1,700

    Total paid 2017 year £15,300Total paid 2018 year £13,600
  • krlyr
    krlyr Posts: 5,993 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker
    Does no one read full posts? OP has said it's just a bit of friendly banter.

    I would say technically, it's your money. Your setup is that you pay expenses, she cares for the children. This is an overpayment of expenses, you've covered your part of the deal and this is just a return on that. If your mortgage had been £3500 lower over a set period, what would you have done with the spare money? It would have been in your pocket, so that's where the refund should go.
    However, in practice, chances are you would have had a spare £20 here or there and spent it on the kids or family stuff and not had that money to hand now. I say the best solution is to put it in a family pot that you use for a holiday, stuff for the kids etc. - your Mrs. can't really argue with taking money away from the kids, you look generous, and you save having to foot the bill for the holiday from your own bank account so you can treat yourself to something nice from that instead ;)
  • Person_one
    Person_one Posts: 28,884 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    krlyr wrote: »
    Does no one read full posts?


    Some of us read between the lines too. ;)
  • LOL,

    Well good debate then! Maybe Martin should use this for the poll of the day!

    Either way the money will probably be spent on the kids anyway. (Well if I get it that is!)

    Thanks for the opinions!
  • Spendless
    Spendless Posts: 25,149 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's yours BUT your wife should give you a bill for the childminding she does whilst you are at work, ditto housekeeping etc that amounts to half the money. Would you consider that fair? ;)
  • shellsuit
    shellsuit Posts: 24,749 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    bluebaron wrote: »
    LOL,

    Well good debate then! Maybe Martin should use this for the poll of the day!

    Either way the money will probably be spent on the kids anyway. (Well if I get it that is!)

    Thanks for the opinions!

    You haven't got it then?

    *is confused*
    Tank fly boss walk jam nitty gritty...
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.