Anonymous wrote:Yes he should be sharing cost of your child with you. If he’s paying a mortgage for a second condo, he should consider selling - it’s not fair to not contributing to childcare costs.
If you want to maintain separate accounts, make a list of all joint expenses and split the cost.
He needs to contribute to parenting and raising your child.
I suspect this will not end well and wish you luck.
Spot on. I like 1 shared account for joint expenses plus 2 separate accounts, one for each of you. The shared account covers the mortgage on the house you live in together, childcare, food, utilities, cars, insurance, phones, vacations you take together, etc. Contribute to the shared account pro rata based on earnings. This works best if you come up with a general understanding, keep a buffer available for emergencies, and don't count pennies. Close enough is good enough.... From his separate account with the amount that is leftover after he funds his pro rata share of the joint account, he pays child support, other money he wants to give his older daughter, the costs associated with his separate condo, and whatever other expenses or investments he has unrelated to your family of 3. Totally understandable that you don't feel a mother-daughter connection to his teenager that lives in Europe and want some separation. How could you be expected to form a bond like that from across an ocean? From your separate account, you take care of yourself and your retirement savings. This approach works for us, but we both make over $200k. I also expect him to contribute 50/50 to household and parenting responsibilities, and you know what … he does! I found that he likes it when I kindly and clearly express my expectations for him, because he likes to meet them.