DP and I are moving in together.
We have been discussing the best way to merge our finances so it is fair and have decided we will each pay into an "everyday" pot for bills / food / shopping and each pay into a "savings pot" for things we do together (holidays etc.) The rest will be ours to do with as we please. We will calculate the amounts based on our income (which is broadly the same.)
My question is about maintenance money and how that comes into it. He has 2 DC and pays their mother maintenance for them. I have 1 DC who I receive maintenance for. I want that maintenance to go straight into an account for DS' future but I don't know if that is reasonable of me or if I should include it as " income" and then save for my DS future out of what is left in my savings pot. We have already agreed that DPs income will be the figure after his child maintenance goes out as that is money for his kids and he has no say in how it is spent.
I kind of think that since we take his maintenance out of the income fund we should do the same for mine but I don't know if this is unfair as I can guarantee that money will be for DS whereas the money he gives ex he cannot guarantee will be saved for his DCs future (she could if she chose to but we have no idea if she does.)
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How to manage finances when cohabiting and both have DCs from prev rships
16 replies
theaftermath · 27/05/2015 12:57
OP posts:
3CheekyLittleMonkeys ·
27/05/2015 20:17
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3CheekyLittleMonkeys ·
27/05/2015 20:21
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