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help - rows over money

124

Comments

  • merlot123
    merlot123 Posts: 720 Forumite
    FBaby wrote: »
    Legally, inheritance money belongs to the married couple, just like income does. I personally find it incredibly convenient to decide what is joint income and what isn't.

    I thought if the money was gifted to a particular person and that inherited money was not put into a joint account, then it is not joint money even if you are married.

    http://www.divorcemag.com/ON/faq/nicholas_knight.html

    I know this in the case of divorce but the same principle applies.
  • Rottensocks
    Rottensocks Posts: 295 Forumite
    merlot123 wrote: »
    I thought if the money was gifted to a particular person and that inherited money was not put into a joint account, then it is not joint money even if you are married.

    http://www.divorcemag.com/ON/faq/nicholas_knight.html

    I know this in the case of divorce but the same principle applies.


    But the information you quote is Canadian, so perhaps not relevant...
  • eschaton
    eschaton Posts: 2,250 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    He runs about after you driving you everywhere you need to go.

    He hands over his wages and they become joint.

    You are taking driving lessons - who is paying for them?

    You get £10k and it's all yours.

    If it was me in that situation, the relationship would be over.
  • Goldiegirl
    Goldiegirl Posts: 8,821 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Rampant Recycler
    I think you need to look at what each car will be used for.

    Perhaps if your husband has a long journey to work and you will be doing short local journeys, it would make more sense for him to use the newer, more reliable car.

    If you really can't agree - there is a compromise. One week you use the new car and he has the banger, then next week swop, so you have the banger, and he has the new car.
    Early retired - 18th December 2014
    If your dreams don't scare you, they're not big enough
  • Prothet_of_Doom
    Prothet_of_Doom Posts: 3,267 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Goldiegirl wrote: »

    Perhaps if your husband has a long journey to work and you will be doing short local journeys, it would make more sense for him to use the newer, more reliable car.

    .

    There is logic in the opposite. If the husband is thrashing the car on a commute, he's putting miles, and a wear and tear on a newer car, decreasing it's value, and the rapidly own 2 bangers.
    Where as if the husband puts miles on a car that is already past it's best, the decent car will be decent for much longer.

    I also think you have to be clear on what repair costs are inevitable due to miles, (Brakes, tyres, clutch, and General service items) and should be funded regardless of the cars value.

    Just becaause I once owned a car costing me £6.64, worth £200 when I came to sell it, didn't mean I wouldn't spend £300 quid replacing brake pads, discs, tyres, and oil, and filters.

    What I'm saying is just becuase a car is old and is about to fail the MOT, doesn't mean that you can't get another 3 years and 50K out of it if you spend more than it's worth fixing it.

    Sometimes I've had the debate about NOT replacing a car, on the basis that price per mile, is still going to be less than if we replace it with a newer version.

    I've fixed cars that other people would not be seen dead in, but that has it's own advantages on the road, as they tend to assume you have no insurance and give you room. :beer:
  • spike241
    spike241 Posts: 371 Forumite
    It doesn't sound like the OP is being selfish to me.
    She has been raising their child(ren) for the last 6 years.

    She says she wants to spend some money on a car (I'm guessing this means less than 5k but I don't know). No mention of whether it will be her car or a shared car.
    The husband wants to spend half the money on a car purely for himself.

    Without knowing more (does the husband help out with housework? Has the OP offered a compromise?) it looks like the husband is being selfish.
  • Treevo
    Treevo Posts: 1,937 Forumite
    spike241 wrote: »
    It doesn't sound like the OP is being selfish to me.
    She has been raising their child(ren) for the last 6 years.

    She says she wants to spend some money on a car (I'm guessing this means less than 5k but I don't know). No mention of whether it will be her car or a shared car.
    The husband wants to spend half the money on a car purely for himself.

    Without knowing more (does the husband help out with housework? Has the OP offered a compromise?) it looks like the husband is being selfish.

    What a selfish man being the sole earner for so long and driving an old banger that's about to cut out!
  • FBaby
    FBaby Posts: 18,374 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    On one hand you have someone who does a lot of commuting, on another someone who only does small local journeys and who doesn't have much driving experience.

    In all the similar circumstances I know, the long commuter has had the best car. Long commuting is tiring and stressful. It helps a bit to have a more comfortable car to make it more bearable.
  • Mojisola
    Mojisola Posts: 35,574 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    FBaby wrote: »
    In all the similar circumstances I know, the long commuter has had the best car. Long commuting is tiring and stressful. It helps a bit to have a more comfortable car to make it more bearable.

    That's the way we do it. My OH has to travel the country so he has a good car - it's much safer and fuel efficient than an old one and less tiring to drive. I only drive locally so my car is one we've owned for years (it used to be OH's 'good' car!) but is still roadworthy and gets me about.
  • System
    System Posts: 178,428 Community Admin
    10,000 Posts Photogenic Name Dropper
    To be honest, I can see the OP's point. She wants to feel that she has benefitted something out of the money her Mother left her. However, I don't think having the newer car out of two will be a wise move for a new driver.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
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