Do women ever stop spending?

[Iron Condor]

even though shes pretty clueless financially she aint that dull !

They dont stop.

Once she gets everything on her current shopping list, she will just up her demands .. like wanting a holiday home.

Never directly say she cant have what she wants, just say 'we will get it next year' .. of course 'next year' never comes..

Your biggest mistake was letting her know how much you make as a contractor, but you can still mitigate by multiplying your daily rate by 200 days a year not 250 (to take into account holidays and down time between contracts). Then deduct 50% for tax and NICs (even if you will be paying much less). £400 a day equates to just £3.3K a month doing this. That should be the standing order you make every month into your personal bank account.

Then switch all company bank statements to paperless or 'online only' so she never knows how much you have in the ltd company reserves.

[bobspud]

I would suggest you tell her that you need to take 6 months off this year and that she needs to step up and pay all the bills.

[d000hg]

Your biggest mistake was letting her know how much you make as a contractor, but you can still mitigate by multiplying your daily rate by 200 days a year not 250 (to take into account holidays and down time between contracts). Then deduct 50% for tax and NICs (even if you will be paying much less). £400 a day equates to just £3.3K a month doing this. That should be the standing order you make every month into your personal bank account.

Then switch all company bank statements to paperless or 'online only' so she never knows how much you have in the ltd company reserves.

I don't think a foundation of dishonesty is the best advice if you want to avoid the far costlier expense of a messy divorce.

You also shouldn't be taking £3300 as a monthly SO.

[Sockpuppet]

You also shouldn't be taking £3300 as a monthly SO.

Why not? Its his companyhe can pay himself what he wants as long as the tax and NICs are covered. There is nothing wrong with a monthly dividend.

[d000hg]

Why not? Its his companyhe can pay himself what he wants as long as the tax and NICs are covered. There is nothing wrong with a monthly dividend.

A single SO payment which covers salary and dividend looks a bit fishy to me. Makes it very clear you are treating dividends as effective salary.
A SO also implies you are taking the money regardless of if your Ltd has the profit available to take.

But this is too serious for general

[DodgyAgent]

She's clearly got too much time, so either she gets a job, starts shagging your agent or spends your money

[BrilloPad]

It's good. It keeps the economy going.

[BrilloPad]

starts shagging your agent

Is she that desperate?

[wim121]

That's normal unless you go for a Thai import who will be grateful for a new iron.

Feminism is becoming more rampant across asia as well nowadays ....

A common horror story from people with thai brides, is after marrying, their family come over and bleed you dry and she now has citizenship status, which is what she really wanted in the first place.

Tell her that in event of divorce she'd be taking on 50% of debts also, so it's best to have 'em paid off...

Ohhhh dear oh dear, you really are quite ignorant, arent you my dear fellow!

One piece of advice, dont get married as you clearly have no idea how divorces in the western world work .... You are in for a rude awakening when your day of reckoning arrives ....

It is very common for men to get saddled with all the negative equity/toxic assets/debts while the woman gets the house, kids, welfare for the kids, support for her lifestyle, etc etc.

even though shes pretty clueless financially she aint that dull !

Why is she even involved in any financial decisions? When it comes to finances, it is always a case of too many cooks ...

When it comes to finances, only one partner should handle them. For my parents, when I was younger, my mother had a far better grasp on finances, so allocated funds accordingly, even though my father drunk away a lot of money ....

I handle all the finances of combined incomes in my household, arrange insurance, pay bills, etc etc. It gets too messy having multiple people involved.

If you have a better head for figures or just have a more sensible streak then put your foot down with her ...

[wim121]

They dont stop.

Once she gets everything on her current shopping list, she will just up her demands .. like wanting a holiday home.

Never directly say she cant have what she wants, just say 'we will get it next year' .. of course 'next year' never comes..

Your biggest mistake was letting her know how much you make as a contractor, but you can still mitigate by multiplying your daily rate by 200 days a year not 250 (to take into account holidays and down time between contracts). Then deduct 50% for tax and NICs (even if you will be paying much less). £400 a day equates to just £3.3K a month doing this. That should be the standing order you make every month into your personal bank account.

Then switch all company bank statements to paperless or 'online only' so she never knows how much you have in the ltd company reserves.

Very sensible advice ....