Hi,
Im in a particular situation i would really appreciate a different perspective on to help me make sense of it. The set up is rather personal and inconsequential to the scenario we now find ourselves in.
My wife wants a divorce. I dont, but accept that she does so am not contesting it. There are no other partners (as far as im aware) we have been separated for a year and we still need to sort out childcare and money/housing.
We both live in London and have a beautiful daughter age two and a half. Im currently renting a 1 bed flat and my daughter has a bed in my room. My wife lives in our jointly owned (2 bed) house and pays the mortgage (i payed half the mortgage for 10 months while living in a friends spare room but could not afford to now i have my own flat). I have agreed that any money she puts into the property, until we finalise a divorce, is hers.
My daughter stays over with me 1 night a week and i look after her on Fridays (i reduced my work to 4 days week to do so) and 1 day at the weekends too. Ive asked for two evening during the week and every other weekend...my wife is not ready for this it seems and is not engaging with me on it.
I currently pay my wife 15% of my take home salary. Ive suggested this might need to be reduced in light of the time i spend with our daughter but again we've not come to an agreement on this so im continuing to pay to avoid conflict..at this stage
My wife wants the house and has offered to pay me half of the money we put in, so i would get 6k. This is the maximum she can afford to remortgage for and says she has no other access to funds. My best friend gave us 20k as part of the deposit which she wants to keep and take on as a private debt to him.
Im grateful to earn a good salary of 45k. After tax and student loan (i still have one!) im left with about £2250 per month. I then pay child maintenance of £340 so the money im left with is £1910 per month.
My wife also has a fairly well paid job but earns less than me and works part time 0.5. She looks after our daughter the rest of the time. She earns roughly £1210 per month but with CTC, WTC, child benefit and Child maintenance at the end of every month she is left with £1881
So I have roughly £30 per month more than her. However my rent is £200pcm more than the mortgage on the house.
It goes without question that i should and will always provide for my daughter, both emotionally and financially so in principle i have zero objection to paying 15% of my salary to contribute towards this.
However what irks me is that I dont spend as much time with my daughter as i would like, i work more, i live in a 1 bed flat (not a two bed house) and i am left each month not as well off as my wife.
Surely this cant be right?
It seems every bit of support is for the resident parent and i, as a (non willing) non-resident parent have become second class. For instance, i take a day off each week to look after my daughter but sometimes i have to work (for instance travelling abroad) so i have to pay for a childminder. My wife also pays for a child minder but gets 70% of the cost paid for. I dont because im a non resident parent. The cost of a child minder in London is high so roughly half my days earnings that day go on that, then because i've worked a further 15% goes to my wife in child maintenance! Come on!
On good days i think. 'Well as least im getting to see my daughter and ive got a job!'. On bad days i get really F'ing mad at this ridiculous system. Rightly set up to support those that are left by errant and irresponsible parents but seems to penalise those that are no such thing.
Thoughts?