So my partner and I have been together for 4 years. Neither of us had any savings when we first got together. We agreed we wanted to start saving at the same time and built up around 3k each - he then lost his job, didn’t put any effort into finding a new one for about 4 months and spent all of his savings. Fast forward to now he has around 2k maybe and I have around 10k. I was made redundant and then got pregnant so my only income is now maternity allowance of around £600 a month. He still earns about 2k a month.
DP thinks I should transfer him some of my savings (we do have a joint account but both have separate accounts for savings) and then he would be happy to put his wage into the joint account every month for me to use for food and baby, rather than at the moment I spend all my maternity allowance on food/baby/rent and he doesn’t really contribute that much. He will give me £30 for food here and there if I say I’ve not got anything left for the month but he doesn’t give me his card to go to the shop and it’s always me that goes so I end up paying. If I’m ordering things online for baby he does sometimes pay.
His reasoning is that if I decide to leave him then I’ve still got all my savings and he will still only have 2k as we will have spent his wage every month.
We’re waiting for our house to be finished so only pay very minimal bills to my parents currently and both pay for our own cars, phones etc but when we move out in the next month or so he will pay majority household bills.
Would you transfer some of your savings?
YABU - yes
YANBU - no