how would you cope (financially) alone?

lostinrates

Dunroamin wrote: »

I was talking about the SRP, not a private/occupational pension.

Yes, I have not made (voluntarily) state pension contributions that they write and suggest making.


My life expectancy is not terribly long, :)and i do not receive an income, it is not prudent for me financially to make cvoluntarily contributions to top up state pension for something I am unlikely to receive. When I do receive an income (I sometimes do) I pay what I need to and do not seek to evade, that is not my nature nor goal.

lostinrates

Tropez wrote: »

Financially I'd be fine.

I could lose my job tomorrow and wouldn't need to rush to find a new job.

Mentally and emotionally, I'd be a wreck.

Yep, that's the one.

Kayalana99

In answar to the question I would manage fine - but on benifits...so not sure if that counts...at all.

Hopefully one day I will be able to say I would be independant without them!

Person_one

harrys_nan wrote: »

Kayalana 99 and Treevo,
Thanks to you both xx :A

I genuinely hope you're happy, I do, but if I were you I'd be worried about where I stood if he changed his mind one day. I think even a lodger would have more legal standing/protection, wouldn't they?

(I'm a mature student by the way. )

Kayalana99

Person_one wrote: »

I genuinely hope you're happy, I do, but if I were you I'd be worried about where I stood if he changed his mind one day. I think even a lodger would have more legal standing/protection, wouldn't they?

(I'm a mature student by the way. )

If their is no mortage to pay then their is no way she can pay rent to obtain 'legal rights' to the house ....

So your response is abit of a 'moo point'

I don't really get what your suggesting as you know nothing about this person and so they have two seperate accounts that she pays into one....

Would it really make a differnce if they made it joint and she had her wages paid in?

...... I don't actally get what your point is based on.

The only thing I can think of that she could do would be to ask for her name to go on the deeds to the house but we don't know how long they have been together + he paid for that house himself so why should she actally be entitled to a part of it when she has never had to pay rent/mortage.

You can't base a whole relationship on money.

Person_one

Kayalana99 wrote: »

If their is no mortage to pay then their is no way she can pay rent to obtain 'legal rights' to the house ....

So your response is abit of a 'moo point'

I don't really get what your suggesting as you know nothing about this person and so they have two seperate accounts that she pays into one....

Would it really make a differnce if they made it joint and she had her wages paid in?

...... I don't actally get what your point is based on.

I don't really have a point, I'm just asking questions based on a post on a discussion forum. Initially, it sounded like her mortgage free partner might be charging her rent, which most people would agree isn't great! I'm glad that's not the case, but it seems like a very insecure living situation which I think is relevant on a thread about how you'd cope financially if your relationship ended.

Its not up to me though, is it? If she's happy she's happy, but we discuss stuff on here, don't we?

marisco_2

Person_one wrote: »

It just doesn't sound like an equal or respectful partnership to me, sorry.

I am genuinely interested to know how you can jump to this conclusion, solely based on the limited information you have on how a couple you do not know arrange their finances.

AlexLK

I earn much less than my wife and if she ever left me the mortgage alone would take up 70% of the salary I allow myself (I have my own company). We went through a bit of a rough patch a few months back and I remember thinking that no court in this land would have gave me custody of our son if we did divorce, despite the fact I have been the one who looks after him the most.

Fortunately, the problems between my wife and I have been sorted now.

Kayalana99

Person_one wrote: »

I don't really have a point, I'm just asking questions based on a post on a discussion forum. Initially, it sounded like her mortgage free partner might be charging her rent, which most people would agree isn't great! I'm glad that's not the case, but it seems like a very insecure living situation which I think is relevant on a thread about how you'd cope financially if your relationship ended.

Its not up to me though, is it? If she's happy she's happy, but we discuss stuff on here, don't we?

Ok, I agree that wouldn't be great (yet this does happen esp when people first start living together and is quite plasible) - but you made a mistake, which she has actally said she doesn't pay rent but would cope if she had to go back to living by herself and had to pay rent again.

You were harsh on her with your posts as you didn't read the post correctly - so we were bound to jump the gun and point out you was in the wrong.

itsanne

building_with_lego wrote: »

Like Toto I'd be ok (financially) if bereaved due to death in service benefits and pensions. If we split up I'd be up the creek; he owns the house outright and we're not married....

I've not voted!

building with lego, please make sure he has a will. If he dies without one you won't have the house. Presumably you are named to receive death in service benefits?


My OH worries about what my financial situation would be if he died first, but I've been through it and I'd be fine. I reckon I'd still be able to save a small amount. He's not convinced.

He would be better off if the situation were reversed.

That's the only way we're separating!