How to split Rent costs with Partner

DebtFreein5Months

ringo_24601 wrote: »

And you're sure you should shack up now because...?

Forget my advice about giving the lower earner £25 then

Well, it's because I will be debt free in 5 months
What is scaring me slightly is that the other person doesn't have £400 spare now, so why would they think they will have it spare when we shack up? (NB other person pays no rent, and lives on family farmland in a shed*)

* not literally but I think it's a shed

runningwoman

DebtFreein5Months wrote: »

Well, it's because I will be debt free in 5 months
What is scaring me slightly is that the other person doesn't have £400 spare now, so why would they think they will have it spare when we shack up? (NB other person pays no rent, and lives on family farmland in a shed*)

* not literally but I think it's a shed

Is he a sexy farmer type? :whistle:

HeadAboveWater

DebtFreein5Months wrote: »

Well, it's because I will be debt free in 5 months
What is scaring me slightly is that the other person doesn't have £400 spare now, so why would they think they will have it spare when we shack up? (NB other person pays no rent, and lives on family farmland in a shed*)

* not literally but I think it's a shed

don't knock the farmers! country bumpkin myself, finally outta debt and moving on in the world!

Think I would run for the hills. Well, skyscrapers rather. Country folk know all the hills and you wouldn't escape. Stick to the town to hide

Person 1 doesn't seem too responsible and I reeeeeeeeeeeally don't think it's a good idea to put person 2 in that position. They'll end up bailing them out. Everybody has got to learn to stand on their own 2 feet. Their OWN, not someone else's feet!!

DylanO

JC9297 wrote: »

Were either of your parents on a much lower income than the other though, with one potentially not being able to afford the 'family' lifestyle the other would like e.g. holidays.

What about when your mother wasn't working after having children - unless she was one of these women who return to work within days (perhaps she had to in order to pay her way)?

It went in peaks and troughs but it's generally nearly equally balanced.

My mum took about six month's off with each of us, and went back to work because she loves her job. She's not cut out to be one of these little women who sit at home and let someone else provide for them. I can match you barb for barb.;)

daisiegg

I think in these situations there are two options. You either split 50/50 - which means living within the lower earner's means, and not the higher earner's, in order to make it fair. Or, if the higher earner wants to live a lifestyle more in keeping with his/her income, then s/he needs to subsidise the lower earner. Personally my fiance earns a huge amount more than I do and he pays much, much more to the mortgage and household expenses than I do. But it's his choice to want to live somewhere expensive and do expensive things, and he wants to share it with someone he loves. If he wanted to split everything 50/50, we'd need to be living in a tiny flat that I could afford, and not going on as many holidays or out for dinners or doing nice things. He doesn't want to live within my means, therefore he needs to pay more for things than I do.

DebtFreein5Months

kathy_virginvie wrote: »

don't knock the farmers! country bumpkin myself, finally outta debt and moving on in the world!

Think I would run for the hills. Well, skyscrapers rather. Country folk know all the hills and you wouldn't escape. Stick to the town to hide

Person 1 doesn't seem too responsible and I reeeeeeeeeeeally don't think it's a good idea to put person 2 in that position. They'll end up bailing them out. Everybody has got to learn to stand on their own 2 feet. Their OWN, not someone else's feet!![/QUOTE]

I agree! and that's the tricky bit :-/

BitterAndTwisted

Right now, the inequality of take-home pay wouldn't worry me as much as this person being in debt would. I wouldn't want to share the responsibility of such a high rent and monthly outgoings with someone who has proven that they're not financially responsible. The higher earner risks being saddled with the expenses and/or resentment. This sounds like a really bad idea from start to finish

HeadAboveWater

DebtFreein5Months wrote: »

I agree! and that's the tricky bit :-/

...so hold off for a while. If its serious there's no rush. Wait until person 1 can prove they've their head screwed on. You've worked hard to be 'DebtFreein5Months'. Don't do something that's gonna knock you back again.

[Deleted User]

Remember that moving in together comes with a bunch of other expenses. Decorating, furniture, DIY - all sorts of things that are great for getting people into debt.

euronorris

DylanO wrote: »

She's not cut out to be one of these little women who sit at home and let someone else provide for them. I can match you barb for barb.;)

!!!!!!?!

Do people honestly think that the house cleans and tidies itself, and that babies and children rear themselves? It's a job! It's not sitting on your backside all day watching telly (although I know that some do, not all do!).