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Step-parenting

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Shared finances woes

144 replies

strawberryfluff · 26/04/2023 07:18

What do other stepparents do in regards their finances? I have hit a stumbling block with DH and am looking at how we move past it. Please don't come at me saying I resent my DSC or whatever.

So at the moment we put a set amount in a shared account to cover bills, food for everyone and our shared DC costs. This is proportionate to our income (our take home pay).

The rest of our income goes into our own personal accounts to spend however we want.

He is arguing that his maintenance payments should be taken off the income before the split is calculated. I have said if he does this then I will be effectively subsising his maintenance payments. As it is I pay the higher mortgage etc due to the extra rooms etc and all food is paid from joint account.

Other possibly relevant info:
I get paid the child benefit and use this to pay for things for our shared child before using joint money pot.
I work part time at the moment as this keeps nursery cost down. But means I earn less. We want a system in place now as im looking for full time work which will increase my salary considerably and I will be the higher earner at that point.
There are two DSC. They both have hobbies that require funding - he pays for half of this from his "discretionary spend" pot which we both agree should be how it works.

OP posts:
Quitelikeit · 26/04/2023 09:28

It is highly likely he subsidised his ex wife so she could take some maternity leave?!

Why should he subsidise it if they pay things in proportion to their income?

The op has said she will pay in proportion to her income but isn’t keen on subsidising his 3 yes THREE children’s maintenance bill!

I bet that bill is at least £500

SimpleSimple · 26/04/2023 09:29

YaWeeFurryBastard · 26/04/2023 09:26

Is your salary lower than childcare expenses? Just seems odd to me that you’re happy for him to subsidise you working part time and therefore not pay an equal share of bills, but when you’re the higher earner you want him to cover his bills out of his spending.

Surely it depends how you see maintenance?

My husband subbed bills when I was on maternity because they were also his bills. It was his mortgage, his electric, his food, his child's food, his child's clothes etc...

I don't see maintenance paid to his ex for his children with her as one of my bills personally so I don't view those two scenarios in the same way.

strawberryfluff · 26/04/2023 09:29

We did have to buy a bigger house yes.
My salary would cover the childcare yes but we pay that out the joint account which we pay into proportionately. I feel like I need a spreadsheet!

OP posts:
strawberryfluff · 26/04/2023 09:30

Quitelikeit · 26/04/2023 09:28

It is highly likely he subsidised his ex wife so she could take some maternity leave?!

Why should he subsidise it if they pay things in proportion to their income?

The op has said she will pay in proportion to her income but isn’t keen on subsidising his 3 yes THREE children’s maintenance bill!

I bet that bill is at least £500

No sorry he has 3 kids in total, one of which is shared DC. He had 2 kids with someone else.

OP posts:
Quitelikeit · 26/04/2023 09:30

Should say why shouldn’t he subsidise it!

I just can’t believe that he expects the op to put their maintenance cost in the pot!

OP can I ask how much extra he wants you to pay towards the maintenance?

imo he is lucky to have you as I would run a mile from someone with three kids

Quitelikeit · 26/04/2023 09:31

two kids is maybe doable!!

Iwasafool · 26/04/2023 09:32

strawberryfluff · 26/04/2023 08:54

Thank you, it seems you side more towards the we should both pool everything approach? Is that right? If that is right then I'd be paying his maintenance - especially when I'm a higher earner. How did it work with you and your husband? Were you the higher earner?

At the moment it's not really miserable- once we work out the percentage we just carry on like any normal couple I'd say.

No we never pooled everything but you seem to be nit picking to an extreme degree, you wouldn't pay their entrance to something? So if he has no money left and you are out for the day you'd pay for one child and leave the other two standing? How about on holiday do you ask DH for half towards your child's icecream and get him to queue up separately and pay for his other two? As i said it sounds miserable to me and now my kids are adults with children of their own I'm glad we did it our way, glad my DH matters to my kids, glad we are a family not some sort of carefully calculated economic unit. This stage won't last long, you will go back to fulltime and in 20 years time you won't even remember how much you subsidised him.

It isn't miserable for you, he doesn't sound as happy with the arrangement.

In my case we have both had periods as the higher earner but honestly was never something we worried about just like DH never made an issue about money that was needed for my kids, they got the same as our kids although there was a big age gap so somethings were quite different e.g. paying for nursery for one and contributing to university costs for another.

strawberryfluff · 26/04/2023 09:34

Quitelikeit · 26/04/2023 09:31

two kids is maybe doable!!

His maintenance is about £400 a month.

OP posts:
Iwasafool · 26/04/2023 09:35

strawberryfluff · 26/04/2023 09:29

We did have to buy a bigger house yes.
My salary would cover the childcare yes but we pay that out the joint account which we pay into proportionately. I feel like I need a spreadsheet!

If you went fulltime would there be more money in the pot? Is he subsidising you staying at home

SimpleSimple · 26/04/2023 09:35

There is a balance to be struck with things like this I think. Would I buy them an ice-cream when buying my child one? Yes of course. Same as I would any child who was with me for the day.

Would I make myself £200+ a month worse off to pay half my husband's maintenance payments? No.

strawberryfluff · 26/04/2023 09:37

@Iwasafool I don't nitpick to that extreme but to answer questions. Entrance fee - if we're all going then sure that comes out joint account. But if he's going somewhere with them only he pays. Icecream for everyone is food - joint account. Cost of holiday is roughly split so that he's paying for his kids (and half of shared DC) so I pay for me and half of shared DC. Once you get going with it it really is quite easy to do and we dont have to discuss it as we both know what is what.

OP posts:
SimpleSimple · 26/04/2023 09:38

And I agree re the holiday too OP. If we go, DH pays for DSC. He's never once complained about that thankfully!

strawberryfluff · 26/04/2023 09:39

Iwasafool · 26/04/2023 09:35

If you went fulltime would there be more money in the pot? Is he subsidising you staying at home

He is to some extent but I am saving us 2 days of nursery fees by not working and so am sacrificing my income there. It's so confusing I think I need a spreadsheet. I'm looking for full time position in time for DC to get their free nursery hours.

OP posts:
YellowDots · 26/04/2023 09:39

Do your children live with your ex @Iwasafool and your dh pays towards their maintenance?

strawberryfluff · 26/04/2023 09:40

SimpleSimple · 26/04/2023 09:35

There is a balance to be struck with things like this I think. Would I buy them an ice-cream when buying my child one? Yes of course. Same as I would any child who was with me for the day.

Would I make myself £200+ a month worse off to pay half my husband's maintenance payments? No.

Yeah I think me and DH are of the same view there. Its simply the maintenance. I have absolutely no qualms paying for all their food etc!!

OP posts:
Quitelikeit · 26/04/2023 09:42

is he paying out extra for clubs etc on top of that £400?

If he was and I do seriously believe there will be other costs in the future ie phones etc then I think I’d be reluctant.

I mean what you need to consider going forward is that they are definitely going to cost more.

The biggest issue you have on your hands is that your husband some how thinks you need to subsidise his children and that he feels resentful that you don’t or wont

Has he said specifically why he thinks it should be that way?

I just can’t think why he thinks it’s reasonable?

Quitelikeit · 26/04/2023 09:45

I guess it’s hard for him. He pays that £400 which is a lot. Then his kids come and he wants to treat them. However children are expensive as are days out and eating out. You are already subsidising that.

Im afraid it’s still a no from me!

Sure he paid more whilst you were on maternity but I’m sure if you added that up it would not amount to what he wants you to do for the next 20 years!

Davestwattymissus · 26/04/2023 09:58

I’m a SP of many years, and for a long time I was the higher earner (it’s the other way round now). We’ve always taken a ‘pay proportionately in accordance with earnings and the rest of it is yours to do with as you wish’ approach to rent/mortgage, bills etc. Which means that right now DH has more disposable than me each month, in the past I had more than him. But it’s always worked out that whoever has more spare cash pays more for takeaways, holidays, nights out, clothes etc, so we are both living the same lifestyle, if that makes sense.

I have never directly subsidised DH’s maintenance, and he would never ask me to. I always took the view that before I came along, and if he was still single, he would still have to pay £x, and that if circumstances change (e.g. he was out of work for a while once and then had to take a lower paid job), that’s for him to sort and agree with his ex as regards maintenance, but if, for example, he wanted to keep the maintenance at a higher amount, then he can’t reduce his contribution to our household to facilitate that). I have no issue with paying for food, treats etc for SDC when they are with us, and in the long run over the years I have no doubt ended up paying more towards our bills, and nice stuff for me and DH because I’ve had more disposable income, but I won’t directly subsidise money that is going out of our household into their DM’s.

Thinking about it, if you are going to be the higher earner and the bills in the 'pot', incl CM, are split proportionately, surely you will end up paying more towards the maintenance than he will?! Not a cat’s chance in hell. There is a reason that maintenance via the CMS is calculated on the NRP’s salary only, because they are the only person with the responsibility to pay it.

Now DH earns more it’s much less of an issue – he’s able to meet his agreed share of the bills and pay whatever maintenance/treat the SDC to whatever he likes without it affecting me, but it’s trickier when you have similar incomes or the SP is the higher earner.

strawberryfluff · 26/04/2023 09:58

Quitelikeit · 26/04/2023 09:45

I guess it’s hard for him. He pays that £400 which is a lot. Then his kids come and he wants to treat them. However children are expensive as are days out and eating out. You are already subsidising that.

Im afraid it’s still a no from me!

Sure he paid more whilst you were on maternity but I’m sure if you added that up it would not amount to what he wants you to do for the next 20 years!

Yeah I get that but he knew he had kids and if I wasn't here he'd have to pay that anyway. If he wants to pay extra for school trips and mobile phones or what not then that's fine but again that's out "his" pot that's left after the mortgage and bills and food have been paid imo.

OP posts:
strawberryfluff · 26/04/2023 09:58

strawberryfluff · 26/04/2023 09:58

Yeah I get that but he knew he had kids and if I wasn't here he'd have to pay that anyway. If he wants to pay extra for school trips and mobile phones or what not then that's fine but again that's out "his" pot that's left after the mortgage and bills and food have been paid imo.

So I agree I'm already subsidising and will be more so once my salary goes up. and I don't think he fully gets that.

OP posts:
strawberryfluff · 26/04/2023 10:04

@Davestwattymissus Yes those were my exact feelings really!

OP posts:
Quitelikeit · 26/04/2023 10:12

That’s what I’m saying op if you agree to put his maintenance in the pot it is only going to grow arms and legs in the years to come

Be firm now and point out that you will not subsidise maintenance that is going into another household.

Be gentle though in delivering that message. Do it via a WhatsApp chat, say you have been thinking about his suggestion, point out you are happy to pay for days out/eating out from the joint pot but not to share the maintenance fee. Tell him you would never ask that if another person as that money is essentially going to another household and they also have a mother. As in effect if you do it you will literally be giving them a lifestyle that their parents would not be able to if you were not in the equation

BernadetteRostankowskiWolowitz · 26/04/2023 10:41

He could reduce how much CMS he pays by having his kids half the time. Why isn't he?

DisforDarkChocolate · 26/04/2023 10:43

I'm with you but things like clothes or days out for all children should come out of joint money.

SimpleSimple · 26/04/2023 10:44

DisforDarkChocolate · 26/04/2023 10:43

I'm with you but things like clothes or days out for all children should come out of joint money.

I don't think buying clothes for DSC should be OPs responsibility anymore than paying maintenance should be.