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Money/relationship problem

124

Comments

  • Errata
    Errata Posts: 38,230 Forumite
    10,000 Posts Combo Breaker
    The family committment would look very one sided. So far the partner paid the deposit on the property, say c£10k; the partner pays £5k towards the wedding; the partner takes on half the debt, another £6k. Total £21k.
    The OP takes responsibility for a total of £6k, the debt. Bargain.
    .................:)....I'm smiling because I have no idea what's going on ...:)
  • Mojisola
    Mojisola Posts: 35,574 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Errata wrote: »
    The family committment would look very one sided. So far the partner paid the deposit on the property, say c£10k; the partner pays £5k towards the wedding; the partner takes on half the debt, another £6k. Total £21k.

    The OP takes responsibility for a total of £6k, the debt. Bargain.

    But if they're going to spend the rest of their lives together, what does that matter?
  • its a common issue within reationships, MONEY....i personally think money within a relationship should be equal and 50/50 at all times. it shouldnt be a case of thats mine thats yours you paid this i paid that. it creates a feeling of dis trust and eventually resentment. its a personal preference and opinion and everyone has their own views i guess and there are no set rules i think its if it works for you and your partner and your both happy with the set up. obviously your not completly and maybe it would benefit you to figure out exactly whats bothering you, and discuss it with your partner?? i dont think there is anything wrong with seperate finances and earning your own money individually but i do think that when it comes to building on full term commitments it should not be a case of this is what i put in this is what you have and signing paperwork etc. your are making lifetime commitments so it needs to be based on 100 percent trust and that would make me feel untrusted if it were me. dont act if its something you can live with but do if its something thats gonna continue to bother you, communication is the solution to all problems and no harm should be done by expressing how you feel.
    good luck x
  • Errata
    Errata Posts: 38,230 Forumite
    10,000 Posts Combo Breaker
    Mojisola wrote: »
    But if they're going to spend the rest of their lives together, what does that matter?
    In my view it matters because neither live-in arrangements, civil partnerships or marriages come with a lifetime guarantee.
    .................:)....I'm smiling because I have no idea what's going on ...:)
  • ValHaller
    ValHaller Posts: 5,212 Forumite
    1,000 Posts Combo Breaker
    Personally, I do agree with michelle2008 - a partnership for life should be about helping each other through the lean times and sharing in the good times. We have had a number of honest discussions about this but we just seem to disagree fundamentally. However, I am madly in love and can't imagine my life without her.
    Strikes me it is all a tad unequal.
    You might as well ask the Wizard of Oz to give you a big number as pay a Credit Referencing Agency for a so-called 'credit-score'
  • floss2
    floss2 Posts: 8,030 Forumite
    edited 25 February 2013 at 2:07PM
    .......Now I recently proposed, she said yes, and we've set a date for next summer......

    .....Now, my parents have said they will put £5k towards the wedding, and hers are not contributing anything. They are aware of how much my parents are putting forward, but what can you do? I certainly wouldn't expect money from them.

    Our wedding is likely to cost around £10k. Would it be reasonable or unreasonable to ask my partner to pay the remaining £5k on her own?

    Yes

    Can anyone offer me any advice? My thinking is, her family's inheritance was all hers when it came along, not ours, so why should my parents' gift be any different?

    Your partners inheritance came to her because someone she loved died.

    Your parents have given you a gift of £5,000 towards the cost of your civil partnership to your partner.

    How were you planning to pay for this £10k extravanganza before your parents told you about the £5k? Were you expecting your partner to pay for all of it, or were you going to chip in a few quid?
  • Very true Errata. I think if the OP's partner wrote a clause within the mortgage in the event that they split up, there was a slight bit of doubt there to start with.

    OP what do you think?

    JCG

    xx
    :smileyheaMarried on 20/07/2012! :smileyhea
    :DBought my new car 11/08/12:D
    :cool: Save £12k In 2013 Num 009! £5502/£5000 :cool:
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  • floss2
    floss2 Posts: 8,030 Forumite
    ....But there is a bigger issue here with money equality in this relationship. If she is earning a bit more than you, why are you contributing 50% of the bills? I earn more than my husband, so what we put into bills is done on a proportional basis so its fairer. Sounds like you both need to have a sit down conversation about money to be honest, good luck.

    TBH, every couple will have their own persepctive on what's "fair" - I know people who do 50/50, and people like us who do '% of total take-home=% of total bills'.

    They may be happy with 50/50, that isn't the question / issue here.
  • floss2
    floss2 Posts: 8,030 Forumite
    Very true Errata. I think if the OP's partner wrote a clause within the mortgage in the event that they split up, there was a slight bit of doubt there to start with.

    Perhaps that is what they were advised, or indeed thought they should do with their inheritance? There may have been some condition applied, we don't know.
  • Errata
    Errata Posts: 38,230 Forumite
    10,000 Posts Combo Breaker
    Very true Errata. I think if the OP's partner wrote a clause within the mortgage in the event that they split up, there was a slight bit of doubt there to start with.

    OP what do you think?

    JCG

    xx
    God forbid a woman should exercise a bit of financial sense! Which the OP was perfectly happy to accept..
    .................:)....I'm smiling because I have no idea what's going on ...:)
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