Gutted - how did it happen?

enthusiasticsaver · 13 June 2018 at 5:20PM

Katapolt wrote: »

well, i dont really see why all our finances should meld into one, but maybe thats just me. we have a joint account, of which we both put into for all the thigns we need that are a joint responsibility, but the rest we keep for our personal responsibilities.

I think thats partly due to the fact i wont let my OH help. I feel like everything should be equal, so i worked my butt off to get as close as i could to an equal part of the house deposit, and i feel i need to put in half the budget for the wedding too. He has very different ideas and doesnt care tbh, he will pay and help and has no concerns, but i think its a pride thing on my part.

Having separate finances works ok if you both earn the same. Part of the reason for the mess you are in though is you are over committed mortgage wise. If you had applied for a mortgage on your own salary you would not have been permitted to borrow 50% of your mortgage on your current salary. Pride or not this is what is causing you problems both in terms of not meeting outgoings and not being able to save for a wedding. If you don't address the imbalance between what you and your DP put into joint household finances he will get richer and you will get further into debt.

Gutted - how did it happen?

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