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Relationships

Mumsnet has not checked the qualifications of anyone posting here. If you need help urgently or expert advice, please see our domestic violence webguide and/or relationships webguide. Many Mumsnetters experiencing domestic abuse have found this thread helpful: Listen up, everybody

How much does money matter?

74 replies

Hattymatty · 10/09/2019 12:31

How much dues money matter in a relationship?

Currently dating two men (not exclusive as early days) and one has significant wealth and the other has a very low paid job on minimum wage with no prospects of progressing into anything better paid. I’m pretty self sufficient and have a decent standard of living.

Obviously I won’t be continuing to date either man on a decision on money! But just interested to know whether people think money actually matters in a relationship? My friend has said if I stick with minimum wage guy then inevitably I will have to compromise on my own lifestyle for instance won’t be going on as nice holidays and so on as he won’t be able to pay his share. I’m not sure these things matter but maybe it would be frustrating in the long run?!

OP posts:
30to50FeralHogs · 10/09/2019 16:12

It’s a good job the majority of men don’t think like this else hardly anyone would be married.. Exactly Rooftop. It seems that these women are glad of equality in the workplace when it means they can earn like a man, but they don’t want to share like a man. It’s a bit sad tbh.

ShirleyPhallus · 10/09/2019 16:15

Virtually all of my friends wives are on minimum wage type jobs whilst their husbands are decent earners. I have never once heard any of them bemoaning how little their wives get paid.

Why is that? Did none of them have careers of their own before they met their husbands?

Rooftop99 · 10/09/2019 16:45

Depends what you call a career. On the whole though no. We live in a very working class town where education for many stopped at 16.

Binting · 10/09/2019 16:48

I think money does matter to an extent when it comes to long term relationships, and in your case, while dating too. It can't be much fun just going to the pub on dates for the first few weeks? The fun of dating is having meals out, going for walks, going to the cinema, etc. Those things don't have to cost a lot. I've never been wealthy, and have mainly dated average earners, but we usually had the same outlook on life and work. One of the worst bf's I had was on minimum wage when we met, then he walked out of his call-centre job because he didn't like being told what to do. We couldn't do much as he had no money. I wasn't bothered about money when we met, but I became bothered due to his attitude towards work and money in general. Then I found out he was a Leo Sayer fan (in 2010!) so I definitely had to chuck him Grin

NameChangeNugget · 10/09/2019 17:04

You’ll be miserable with minimum wage guy and he’ll drag your lifestyle down.

Dissimilitude · 10/09/2019 17:19

I don't think earnings are the real underlying thing that is attractive. I think it's more about perceived social status, and that doesn't correlate exactly with earnings.

Someone can be low-earning because of the particular economic dynamics of their job, but be educated, driven and intelligent.

If someone earns minimum wage because they're dedicated to other pursuits, or motivated to contribute in an economically tough field, then great; if it's because they're totally bereft of direction or care, then not so much.

@Rooftop99 - there is some evidence of a significant gender divide in this regard. A stereotype, but one with at least some empirical backing.

Iamacyclist · 10/09/2019 17:31

I’m not materialistic (drive old car, happily wear charity shop clothes etc etc) but the older I get the more money has mattered.

Eg when we became parents we decided the location we lived in no longer worked for us, but we could afford to move to a more family friendly area and reduce our commutes at the same time.

Also meant I had choices re going back to work / going part time.

We can also afford childcare for half a day when I’m off work so I get some “me” time (I usually exercise) .

These things have all made a massive difference to quality of life.

Obviously there’s more to life than money, and money can’t buy love or happiness, but it can make life a lot easier.

Adversecamber22 · 10/09/2019 17:43

Two of my friends have married men with very different incomes to them one is on min wage and the other is a bankrupt. These are older late forties women so no dc will come about, it’s not easy for them. But hey if they get divorced they will lose 50% of their assets which are huge compareD to their husbands. Works the same way for both genders obviously.

I for one would never have considered a serious relationship and having dc with someone who wasn’t in a similar income bracket. I had a very poverty stricken childhood so was practical when looking for a long term partner.

iamoksana · 10/09/2019 17:48

I think a lot for sure cause there are a lot of possibilities to stay broke and live an awfull lif.
I am just trying to help my husband by working at home and trying to gain some money.
To tel the trull there are a lot of possibilities to find a job from home.
Guys from fuselab wrote a great article about remote jobs and becoming a designer here fuselabcreative.com/emotions-sell-how-vr-and-ar-are-changing-the-landscape-of-marketing/ and it really helps me and my friends to fin a pation in what we are doing.

Littlechocola · 10/09/2019 17:52

Xh had no ambition or drive. Happy to do nothing. We weren’t compatible.

Dh has ambition and drive. We have a happy life together and are compatible.

What we earn doesn’t matter to me.

IceCreamAndCandyfloss · 10/09/2019 17:53

I expect a partner to meet their 50/50 share of the bills so as long as they can do that I wouldn’t be bothered. I look for more of a work ethic in a person.

Having seen how many encourage girls to pick a husband based on salary I’ve taught mine to expect a partner to be an equal not a cashpoint or expecting not to work.

Mum4Fergus · 10/09/2019 17:57

In my experience, what we were earning at the very start of our relationship has totally turned on it's head...I wouldn't make a decision based on it. Too liable for change...attitudes towards money/finance more important.

mindutopia · 10/09/2019 18:02

I would want someone who was on par with me intellectually and who had a similar approach to money and a similar salary level to me. That doesn’t mean super rich, but my dh and I have similar salaries (within about 10K of each other).

At the time we started dating we were students (so neither of us had any money!). But we had similar values when it comes to how to share finances and similar ish aspirations. It didn’t seem that important then because we were so young, but if I was dating in my 30s, it would definitely be important. I don’t want to carry someone financially, but equally, I’m not sure I’d have similar enough values with someone who was very wealthy either. I’d walk to date someone who was like me.

Orangepearl · 10/09/2019 18:05

Many guys (not all and some women too !!) use money as power. Something to think about.

Episcomama · 10/09/2019 18:07

The guy on minimum wage has wanted to go to the pub every time we have met (5 times) as he can’t afford dinner.

Candidly, if he is so financially insecure that he couldn't afford to pay for your dinner, I'd be wary of embarking on a relationship with him. For me it's less about holidays and more about basic security.

Mum2Girls90 · 10/09/2019 18:10

I think a lot of it comes down to ones attitude to money, how they manage money etc.
I work PT and earn around £600 a month.
My ex earned £600 a week (if not more for weekend work) and I still had savings had the end of the month whereas he scraped by every week. He was a chronic spender, had a love for cocaine and liked keeping his money to himself.

It’s not how much you have, it’s what you do with it 😊

blackcat86 · 10/09/2019 18:14

As others have said it's about attitudes to money and also about aspirations and long term goals. When me and DH met we earned the same. Now he only earns 2k more than when we met whereas I'm hopefully about to get a job for 16k more. My career took off and his didnt so it's not all about where you start.

Sansastark45 · 10/09/2019 18:15

My husband earns around 10k.less than I do - we both put the exact same amount in our joint account to cover our mortgage and all the household bills - the rest of our wages we each keep and we do what we want with - he spends his on his car- his super expensive phone etc-i spend mine on girly things- neither of us subsidise each other- we never ever argue about money

Asta19 · 10/09/2019 18:15

Hmm, I don’t want a cock lodger, that’s the bottom line for me. So if someone’s earning minimum wage and barely making their bills then it’s going to be an issue. I’m far from a snob, I was a single parent for many years and spent time on benefits, but my view is if I can pull myself out of that and get a decent job, I’d want a man who has done the same. I’m not a “high” earner compared to some on here but yes I can afford meals out, nice holidays etc. I don’t want someone who can pay for me, but I want someone who can pay their share.

Ilikethisone · 10/09/2019 18:19

Exh earned decently. Was shit with money. I always wanted to work so it never mattered much. Until it did. I was bringing home £1800 per month after tax and was covering all the Bill's (£1400). I had £400 a month left for petrol, clothes, any treats on my days off with dd. I was doing a fairly stressful job, but he never seemed to have any money. He bought the food for the house. He always had a reason why he couldnt pay Bill's, which is why they were in my name. Cat insurance or an unexpected bill or petrol etc.

I found our years later when he let it slip that at that time he was earning £40k as he was doing overtime. He had told me it was unpaid but he had to it. When I asked why the bills were being paid by me he couldnr answer. He was abusive in other ways and not long after that revelation I left.

I suspect he was either gambling or possibly even drugs (he was very paranoid). He had abused me into a position where I wouldn't even dare ask him where it went.

4 yeata later i earn twice as much as dp. Do pays half the Bill's and food shop. Doesnt pay half the mortgage (to protect my interest and as I earn more that's the bit that makes the difference and 'fair's according to our incomes). He saves what would be rent so that, in a few years when we move, he can match what I will be putting in.

The fact that he earns less doesnt really mean anything. We have similar spending and saving habits. Similar ideas for holidays etc.

The only thing we disagree on is that he thinks my car is too 'flash' and is wasteful. But it's a company car, so we dont disagree as such as it's not my choice of car. But he wouldnt ever think of buying a new expensive car. I love my cars and so would, spend money on a car, if I didn't have a company car.

For me its about attitudes to money. I couldn't be with dp if he expected me to pay his bills and finance him. Or wasnt a saver or expected flash holidays our of my wage. I would rather be with a low earning person who is good with money and has similar ideals.

InDubiousBattle · 10/09/2019 18:27

Op do you reckon the rich bloke is saying the same about you? 'I dating this woman but she's significantly less wealthy than me, she wouldn't be able to go halves on the kind of holidays I like, live in the kind of place I want', that sort of thing?

MrsJasonIsbell · 10/09/2019 18:33

I think it's less about how much they earn and how well they live within their means. Lower earning people often manage to stick to a budget while higher earners often don't and vice versa.
Speaking as a single mother in a house where every penny is a prisoner, I never want to meet another man who would consider getting me into debt. After spending almost a decade paying off debts from my previous relationship, that would be my red flag!

baileys6904 · 10/09/2019 18:42

I used to earn bloody good money. Extremely good money, especially for my age.
I had a child, hated trying to chase the cash, and I now work for a local charity, not minimum wage, but much much less than I was before and certainly not as good a future.
Firstly, I'm happy. I have a rewarding job, 2 degrees and I'm pleased to be making a marked difference into the lives I deal with (dementia case worker). I help their families access support and the person live independently and safely.

My partner is earning far more than me, yet I know hes proud of me, the work I do, and it's almost like his contribution to society to support me in the work I do.

I like to think I am kind, its taught me patience and respect, and I'm thankful to be well thought of in my community.

On paper, I'm not a catch and most people on here would apparently run quickly away from me as a dating potential. They'd be missing out.

LaurieFairyCake · 10/09/2019 18:49

Which is the best at sex 🤷‍♀️

MerryChristmasHarry · 10/09/2019 19:34

I actually think both could potentially be difficult!

The problem is that when there's a significant income imbalance, the richer party either has to subsidise the poorer or accept a lifestyle affordable to them. This can lead to resentment, as with your feelings about pub v dinner. Equally the richer bloke might be having similar feelings on your dates!