The letter highlights a significant concern from a woman about her financial future with her boyfriend, who intends to buy a house but wants the title solely in his name. Despite both contributing to the mortgage, her fear is rooted in the potential for a breakup, leaving her with financial obligations without ownership. Advice from the column emphasizes the importance of transparency in financial matters and the need for trust when merging finances. It advocates for written agreements clearly outlining contributions and potential outcomes to mitigate financial risks, regardless of marital status.
You already feel as though you're paying more toward your joint expenses than you should, and if I read between the lines, you seem to feel that by paying $800 in rent, you're a mortgage meal ticket.
If we buy a house together, he's made it clear that both of our names will be on the mortgage but it will be only his name on the house title.
Collection
[
|
...
]