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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

AIBU regarding this money?

102 replies

AlaskanSnow · 01/06/2017 09:26

Background - when DH and I first moved in together 12 years ago as boyfriend and girlfriend we had separate money, each paying the same amount into the joint account for household expenses.
Our earnings were uneven, I earned about £12kpa, he was over £30kpa. I also had a small loan of about £5k which I paid off out of income.

3 years later, he was made redundant. Our money then became joint as he went self employed and it was easier to manage that way as the income was erratic. My money went straight to the bills account to cover everything there, his money became food/petrol/spending money. Any spare we have goes into savings.

Our incomes have now switched. He earns just under £20kpa, I earn double that. Doesn't matter - everything is joint.

He received a PPI refund last year of about £2k. We put half away in a specific saving account (to pay for work needed to be done on his classic car) and spent the rest on a holiday. So we had joint enjoyment of the money.
The car is one he has had since before we got together. It was bought with money his Mum gave him before she died, and so is very important to him. Unfortunately it needed a costly repair about 5 years ago which we couldn't afford, so the car went into our garage and has remained there until we can afford to spend the money on it. Since then I have been squirrelling odd bits away for it. I put the cashback we receive from quidco each year into that account, and set up a "save the pennies" scheme which also goes into that account.

So here is the Issue.
Yesterday, DH's Dad gave him a gift of £2,000. As were driving home, I suggested he had half to the car account, and half went into our savings (as we are having building work done at the end of the year, all budgeted for, but these things often go over budget)
He disagreed and said that he wanted it all in the car account.

I said I would prefer it to be split, as we are using almost all our savings on the work, and would feel more comfortable knowing there was a cushion.
He said I could do that, as long as the £1000 I took for the savings was repaid back to the car account as a priority. I said I couldn't guarantee that, if we needed to spend it then I would be working on building the savings back up a bit before putting money back in the car account.
I suggested that it all go in the car account, but if we did need it, we could dip in.

By this point he was quite angry, saying we hadn't accounted for that money, so what did it matter of it all went in the car account. My reply was that I would feel more secure knowing we had the extra £1000 buffer towards the work, and if it wasn't needed, it could go in the car account. It was quite heated by this time, so I left it.

This morning he was still noticeably cool with me.
I said I didn't understand what I had done that was so bad, and he said it was my presumption that I could decide what happened to the money. I said it wasn't presumption, it was a suggestion to then discuss, as adults with joint finances. I was stunned when he said
"He didn't consider this joint money". It was his. I asked wasn't it the same as the PPI, as that was a loan from before we were together, and he said yes, that was also his money, but he chose to spend it on a holiday for us both.

I'm stunned. And a little sad.

During our marriage I have received money - compensation from a car accident, and also I sold the car my Dad bought me when I got a company car. In both instances the money was spent together (on our wedding, actually). I did not consider this MY money, it was ours.
Also, the money that I have out earned him by each year - if we had stuck to our original way of managing finances I would have lived luxuriously whilst he struggled, but thats not marriage. Or so I though

So, given that money was a gift from his Father, WIBU to think we would discuss together how it was spent? Was I (as DH put it) graspy?

OP posts:
RoseTico · 01/06/2017 12:38

Separate your finances again.

As it stands, again there is a great disparity between what could be inherited, situations depending. DH only has his father, I have 2 living parents (separated, I'm an only child) plus grandparent, plus godparent with no children and I know I'm the main beneficiary there.

And when you inherit, remember that it's you money not his.

CoolCarrie · 01/06/2017 12:38

Make sure you have a separate account for yourself, and only yourself, not for the baby, or car or anything else, from now on.
With this money situation, tbh, I would let him to use on the car, but now you know how he feels about about it, you need to have your own fund, your " running away money" as my great aunt used to call it, not that you are running away, but you know what I mean.

AlaskanSnow · 01/06/2017 12:41

I'm not already spending any inheritance. I don't even know if there would be any given care home fees etc. It's just caused me to think today about the what if's.

Birthday gifts are always to the recipient alone. But we've occasionally spent jointly or on things for the house. No expectation though. I've definitely spent birthday money frivolously on myself!

I used to use the quidco money on days out, or treats for us both. It's a good couple of hundred at least, so taking it in one lump meant we'd DO something with it. For free. I loved spending that money.

The 2 account thing is a red herring really.
Both incomes get paid into spending account, which we both have debit cards for and use freely (within reason, but we've never had to question each other on spending). The day I get paid, money then goes out to the bills account and the various savings accounts. We have a joint credit card, cleared monthly which is used to get air miles, and he has a business credit card, cleared monthly for all business spending.
I do all the banking for DH's business - he literally hasn't looked at a bank account since the day he was made redundant.
So I don't think he usually feels we have separate money, just that this gift is for him alone.

That's fine. He has set the precedent twice. Windfalls belong to the person given to. Not joint.

I can't see any other way of managing day to day than the way I do now, without it causing me more hassle daily.

OP posts:
NellieFiveBellies · 01/06/2017 12:42

This reply has been deleted

Message withdrawn at poster's request.

AlaskanSnow · 01/06/2017 12:48

Difference in income is from him building a business after redundancy instead of being employed. He also works less due to a health condition that developed the year after we got married. It's not bad enough to be entitled to anything but enough that he is impacted working a full week on a manual job. Thats not a cocklodger thing, he was really quite seriously unwell for several months and unable to work. During that time he had ESA. He might work 9-3 some days or work full time MTW, have thurs off, and then work on Fri and Sat for a bit. He manages his own diary depending on how physical the jobs are he has in.

OP posts:
Chloe84 · 01/06/2017 13:09

Hi Alaskan, you could put a greater proportion of your earnings into a separate savings account.

E.g. You said you put £2500 into joint account.

If you earn £2500pm and he earns £1500, you put £1300 into joint account and puppy puts £900 into joint account.

You then have the option of putting additional amount into a joint account (e.g. £200pm each).

That still leaves you £1000 to put away in your separate savings account or to spend. It leaves him with £400 disposable income but hey, he doesn't get to pick and choose what is joint money.

Chloe84 · 01/06/2017 13:11

Meant to say: You then have the option of putting additional amount into a joint savings account (e.g. £200pm each).

beardymcbeardy · 01/06/2017 13:13

YANBU, but perhaps you just need to take this one on the chin whilst making clear to dp that from now on your understanding is that inheritances or one off gifts are not family money. And stick rigidly to that when you have money of that kind come in. and refer dp to this incident when he no doubt moans when you spend it on yourself.

AlaskanSnow · 01/06/2017 13:34

Chloe - puppy??? Grin
We couldn't do that each month though. his income is too erratic. so some months I'd be putting in more and others less to try and balance.

OP posts:
Chloe84 · 01/06/2017 13:43

Ha! Sorry! Auto-corrected 'he' to puppy for some reason!

Sure, but I still think you should put as much as possible into separate savings account.

As beardy says, be clear that all future inheritances/gifts will not be shared.

MatildaTheCat · 01/06/2017 16:49

If you are married you will need legal advice on keeping any inheritance to yourself.

JoJoSM2 · 03/06/2017 11:54

Could you let your husband know in advance that you'd like to discuss your finances? You could give him a list of issues that are on your mind to go over + a week for him to think it though. Then sit down and decide how to go about things.

Frankly, it just comes across as you're the 'mummy' in the relationship and he's taken on a role of a little boy who doesn't even know how much you've got or doesn't take responsibility for anything. Perhaps being so selfish has been more to do with this dynamic than him being grabby.

LyingWitchInTheWardrobe2726 · 03/06/2017 11:59

It's because it's the CAR that his mum gave him. It's in a garage, getting steadily more decrepit and he can't bear to think that something his now dead mum gave him, will never be able to be used again. That's why he wants the money.

I would let him have it, get the car repaired, on the strict understanding that you're agreeing because you understand the importance of the car to him and his link to his mum - and that once the car is repaired, ALL money has to go into the 'bugger pot' so that you can use that for any overspend in the building budget.

LyingWitchInTheWardrobe2726 · 03/06/2017 12:00

*buffer pot

SuperFlyHigh · 03/06/2017 12:06

Agreed with Matilda get legal advice re separating inheritance money.

For me, with the cost of his car, despite if it's related to his dead mother, this is a luxury eating up money, that with his reduced income and your both being parents, you can't really afford right now.

My DB (with DW) had a similar situation with a classic car that was eating up money but then it was sold, he also bought another expensive car that was a money pit but that's being sold... And he's had stern warnings not to get another one again!

RedHelenB · 03/06/2017 12:14

YABU - why is your way the right way?

Ceto · 03/06/2017 12:27

RedHelen, don't you think that OP's way is the most reasonable, given that she's put quite substantial amounts of her own money into the joint pot of money?

RedHelenB · 03/06/2017 12:45

No it sounds like she's making all the decisions.

honeylulu · 03/06/2017 12:45

He has a VERY selfish 'What's mine is mine & what's yours is mine' attitude. It stinks.
I agree with this.
You fund more of your joint lifestyle as he earns less. So far so good.
You also "squirrel away" money into the car account solely for his benefit. Very generous.
You get windfalls and share them.
He gets a windfall (PPI) and shares HALF of it. The other half goes to his car account just for him.
He gets another windfall and wants to keep it all for himself. Not fair.
I don't know how anyone can call you grabby!!
If I were you I would stop contributing to the car account, now he's drawn a line in the sand.
I take it you don't have a separate account exclusively for your hobby?!?

My MIL was like this. FIL shared everything with her but when she inherited some money it was exclusively for her own use/pleasures. Charming!

RhiWrites · 03/06/2017 12:51

The problem isn't this £2000. OP doesn't care about that. It's the assumption that her money is joint and his money is his.

Love51 · 03/06/2017 12:52

Church vows 'all that I am I give to you, all that I have I share with you'. Are the secular vows similar? Married means it's all joint.

piglover · 03/06/2017 13:29

So the 2000 was a gift to him and he's going to put it towards the car. OK - I think it's selfish of him to want the whole thing, but a gift is a gift and I can see that.. But by the same token, if it's his car, I don't see why from now on any more money from what you are saving needs to go towards the car.

LiveLongAndProspero · 03/06/2017 14:01

So its joint money when its yours but when its his its not?

Selfish fucker.

coconutpie · 03/06/2017 15:30

I would completely stop contributing any money whatsoever into his car account from now on. Also, if you say his income is erratic and some months earns more and other months less, then he just pays in more when he gets more into the bills account, e.g. if his half towards bills is £1000 a month, then one month he can pay £1500, the next month £500 - still averages out at £1k a month. So to get him started, he can use his gift money to give himself a buffer. It is not fair for him to now decide that this money is his when you have been so generous with your money.

upshitcreeeek · 03/06/2017 15:40

Question is OP if you were gifted two grand would he expect you to half it into the joint finances or would he let you choose how to spend it.

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