I wouldn't marry him until he paid off his debt, now I'm in charge of our money
Summary
Sarah Reeve made her fiancé, Lee, pay off his debt before they married. Since then, Sarah has taken charge of managing their money, including budgeting, saving, and paying bills. She says getting financial advice helped her feel more confident about planning for the future.Key Facts
- Sarah gave Lee an ultimatum to clear his £2,000 debt before marriage.
- After paying off his debt, they used a joint bank account for all their money.
- Sarah manages the bills, savings, and budgeting, while Lee prefers to leave money decisions to her.
- Sarah earns £24,000 part-time in insurance; Lee used to work at a factory and now does property maintenance earning about £30,000.
- They have two daughters, 19 and 21, and consider their money shared.
- The couple regularly makes extra payments on their mortgage and have avoided overspending.
- Sarah initially felt unsure about managing investments but gained confidence after meeting a financial adviser.
- Research shows more women are involved in daily money management but feel less confident than men about investment decisions.
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