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My Dad is proud of the fact that all money has always been shared

102 replies

Hoodedfinger · 15/10/2025 11:34

My parents married in 1969.

From day one everything was in joint names. The only exception since has been ISAs where you can't, and they don't like that.

Dad has always been the higher earner. Mum was SAHM while we were young, a teacher before and after.

This always seemed a good model to me. All financial decisions were completely shared, but then they were both sensible with money.

In my own marriage, things were much the same (I'd grown up to believe this was how it should be) and most was in joint accounts. However, DH had no interest in our finances. I managed everything, so although in theory he had free access to everything, he basically just asked me what we could afford.

I'm now widowed several years, in a comfortable financial position with a new partner.

Recently Dad has been in hospital. He's only met DP a couple of times previously, but he's been coming with me to visit, which Dad appreciates. They've chatted a lot and for some unknown reason Dad has explained how their finances are organised. He's usually very private about money.

Anyway, I am by far the better off partner in the new relationship and our finances are entirely seperate. I might occasionally treat him to a coffee, but generally we pay everything 50/50. This feels right to me and he hasnt queried it.

It occurs to me that "we" like shared finances when women benefit, but not so much when i'ts in favour of the men....

OP posts:
Flossflower · 15/10/2025 16:39

OP, there is a difference when you are older. My husband and I have always had joint finances, accounts etc. We got married, saved for a nice house and brought up our kids. All our goals were joint and still are. We are retired. We want to enjoy ourselves and help our children out, hopefully leaving them something. If one of us died and the other began a new relationship, I don’t think it would be fair to use the money built up with a previous spouse on them. You would probably not have shared goals with the new relationship.

Supporting2026 · 28/02/2026 12:05

Hoodedfinger · 15/10/2025 14:17

We were visiting Dad in hospital, no he's not "well".

We broadly have the same income (I'd guess) but I have much more savings and other assets, although he doesn't know the half of it.

Those savings etc were built up before you met him so they even when married and then divorced they often (but not always) wouldn't be considered marital assets to be shared between parties. Sharing of money is there to ensure the family's combined earning power whilst they are together is shared appropriately between the various contributors to the family.

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