Looking for some advice from others who have been in the situation/have more knowledge of finances than me. I’m the first to admit that it’s not my area of expertise at all! I’ll start by saying - I have no reason to believe that my partner is ever going to up and leave me in the shit, he’s an amazing partner and amazing dad, but I’ve read enough stories to know that anything can happen so would like to be as “safe” as possible.
Current situation, DP (we will be married in January - have been together 12 years) earns a good salary - enough for us to live comfortably. But he works away for weeks at a time and is often called away at short notice or has to stay away longer than expected. I went back to work PT after mat leave. My role isn’t usually offered at PT and my work agreed to trial it. Things aren’t really working out in my job being PT, childcare is causing a lot of stress and issues and overall with the way DP works, our lives would be much easier with me being at home. DC is also really struggling to adjust to DP coming and going and now me coming and going too.
Currently our mortgage is in DPs name only. We are each paid into separate accounts then pay proportionate amounts into a joint account to cover bills/outgoings etc. All bills come out of there including personal mobile phones, life insurances etc. DP adds into our savings each month (in joint names) and we are each then left equal amounts to spend as we like in our personal accounts.
What else should we consider if I’m to become a SAHM? Obviously being married is our first priority. DP has said that my name needs added onto the house and that we need to look into pensions since my workplace one will stop. Anything else?