How much should partner contribute?

chelseablue

getmore4less wrote: »

DO not get a joint account untill you have to.

There is no reason to create a financial link, they can be hard to break.

Indeed.

I thought to start off with all the bills I will pay out of my account as I always have done

And he will set up a monthly transfer to my account on his payday

Person_one

chelseablue wrote: »

Indeed.

I thought to start off with all the bills I will pay out of my account as I always have done

And he will set up a monthly transfer to my account on his payday

Hang on, you think you're ready for a baby together but not a joint bank account?

Surely you can see there's a problem there OP, are you really planning to get pregnant soon or is it just something that you want in the not too distant future assuming all goes well.

Please reassure me you aren't going to have a baby this time next year, you're worrying me!

chelseablue

Person_one wrote: »

Hang on, you think you're ready for a baby together but not a joint bank account?

Surely you can see there's a problem there OP, are you really planning to get pregnant soon or is it just something that you want in the not too distant future assuming all goes well.

Please reassure me you aren't going to have a baby this time next year, you're worrying me!

I just don't think you have to have a joint bank account these days.

My Mum and Dad have been together 30 years, own a house together, 2 children together and have never had a joint bank account

Actually, thinking about it, the only thing they have had in joint names was the mortgage and even thats gone now

Each to their own

Person_one

chelseablue wrote: »

I just don't think you have to have a joint bank account these days.

My Mum and Dad have been together 30 years, own a house together, 2 children together and have never had a joint bank account

Actually, thinking about it, the only thing they have had in joint names was the mortgage and even thats gone now

Each to their own

Oh dear, well good luck anyway.

sulkisu

Person_one wrote: »

Hang on, you think you're ready for a baby together but not a joint bank account?

Surely you can see there's a problem there OP, are you really planning to get pregnant soon or is it just something that you want in the not too distant future assuming all goes well.

Please reassure me you aren't going to have a baby this time next year, you're worrying me!

After 12 years and three children, we don't have joint bank accounts either. I don't believe that the two automatically go hand in hand or that you can't be ready for one without having the other.

LEJC

My parents never had a joint bank account....you can get by without one...

However you are planning a joint venture of a baby,which is far more binding than any bank account
You are planning to live together...having not lived with someone before...
Its going to be an interesting 12 months if your aspirations are fulfilled....and one big learning curve!

I have to say if you are thinking of children or at least child then your boyfriend is far more than a lodger in your house and you should take on equal responsibilities when it comes to finance,homemaking and beyond....

FatVonD

I think you should calculate what your boyfriends current living arrangements cost and then he should contribute half that amount to you so you're both better off by the same amount.

Brighton_belle

sulkisu wrote: »

After 12 years and three children, we don't have joint bank accounts either. I don't believe that the two automatically go hand in hand or that you can't be ready for one without having the other.

Absolutely, but the OP seems to be taking a huge leap of planning a child in a relationship that is still in it's very fledgling stages and this just seems to be one more sign of holding back from commitment: planning a baby at this stage seems a potential recipe for unhappiness and cracks to quickly appear.

Why not choose to have fun setting up home together, living together and adjusting to each other for a year. That would give your bf a chance to demonstrate he is independent of his parents, shares equally without a quibble all the cleaning, cooking and household tasks and has put his poor money handling ways well and truly behind him: 3 months is not very long to change money habits. If he saved £200 a month for a year as you plan, that would be£2,200 before you fell pregnant and another 9 months on top would make it £4,000.

What a far more stable and committed place you would both be in then as a couple to then have a baby, with all the exhaustion, less money and stress that will bring.

tinktinktinkerbell

Half the bills and council tax

He shouldn't have to pay any of the mortgage unless he's on it