How many people depend on you financially?

How do you answer this, it's a standard question on CC and loan applications.

It says include people you live with, spouse and children.

My wife has a job and no debt so she can provide enough for our children and I don't support her other than paying half the bills and mortgage so they aren't 100% dependent on me.


Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    They don't ask 100%.
    Your children depend on you. Your wife doesn't.
  • CliveOfIndia
    CliveOfIndia Posts: 2,447 Forumite
    1,000 Posts Second Anniversary Name Dropper
    I guess the acid test is, if you suddenly had no income, could you (the family) survive on your wife's income alone?  If the answer is no, then they are dependent on you.
  • DullGreyGuy
    DullGreyGuy Posts: 17,805 Forumite
    10,000 Posts Second Anniversary Name Dropper
    But presumably you do pay towards your kids? In which case I'd just say your kids are your dependents... assuming you dont regularly give parents/siblings etc with monies to provide for their daily needs
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.3K Banking & Borrowing
  • 252.9K Reduce Debt & Boost Income
  • 453.2K Spending & Discounts
  • 243.3K Work, Benefits & Business
  • 597.9K Mortgages, Homes & Bills
  • 176.6K Life & Family
  • 256.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.