This was exactly my thought but I just wanted to make sure I wasn’t thinking wrongly
We do the same for our daughter. My partner ours separately for his daughter. It’s half the amount our daughter gets so it’s the same as what he would contribute. It’s not that I don’t want to save for her but the reasoning is her mum will probably be saving for her too
Personally this wouldn’t bother me, I would say it’s up to your partner how he uses his money x
I understand it’s his money i just think he should be treating both of his daughters equally instead of favouring one.
But your daughter together has savings and so does his other daughter so they both have a savings account and neither is loosing out. Is the issue because he is saving a different amount for his other daughter compared to what you are jointly saving for your daughter together?
The issue is it’s his exs decision to spend the child credit instead of saving it which is fine but when it comes to my partner saving out of his own money and not child credit he’s only doing it for one daughter.
Oh ok, this wouldn’t be an issue for me, I would just be glad both children have some savings for the future x
I think he should put money in both kids accounts. Maybe less for the younger one. Only because im assuming they will get the money at 16 or 18, so the older would have the money 8 or 10 years earlier than the younger one. The child credit money is for your little one so will have more money when they're at the age of receiving the money
Completely agree as long as both kids have the same amount saved by him when they get to a certain age he doesn’t need to put as much into saving for our daughter as he has more years to save for her. Not saving for our daughter all together tho I think is very unfair
Atm our arrangement is i save for our daughter and he saves for his first daughter. When the time comes to give them the money its from both of us. When/if we have another then we will both put money into the savings.
Yes he should. He should be treating them equally in my opinion. Unfortunately you cannot control what their mum does with the benefit but he should be contributing equally to both