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Reply to "Fiancee with moderate income insists on private school for daughter"
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[quote=Anonymous][quote=Anonymous]^^^ What monthly expenses would Fiancee be paying? Wouldn't they be for the shared household? How/Why does OP's salary automatically get split into 4 in your scenario? If Fiancee can pay for private BEFORE marriage, why not after? Seems like OP resents the private thing because he cant afford it for his girls. Why doesnt anyone answer how YOU would feel as the girl's father OR the mother? Stepchild's standard of living should not go down because of this marriage.[/quote] My point is there are fixed monthly expenses (food, clothing) that are there regardless of whether the money is pooled or not. Other expenses will decrease a little (rent/mortgage) although they will probably need a larger house to accommodate more people so that expense is reduced but not by half when they move in together. That will provide a little extra money but probably not enough to adequately fund fiancé's retirement. OP's salary isn't split into four, OP's contribution to the college fund is split into four. Like I said, this assumes OP is contributing equally to all four kids' college funds. Otherwise, there will be no contributions for the fiancé's kids (which it appears to be the case now). If I was the girls' parent I wouldn't be paying for private school if I lived in an excellent school district unless I was fully funding my retirement or unless there was a special need.[/quote]
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