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Finance

Managing your finances and planning your life together is rarely as simple as pooling everything you earn and dividing up bills. Sorting out 'my' money from 'our' money is a common issue for couples. And then there is the matter of ensuring you receive all that you are entitled to, whether you are together or end up living apart.

Your financial situation as a couple will be different according to whether you are married, civil partnered or not. Whereas married or civil partnered couples have a legal duty to support each other, cohabiting couples do not - including after a split.

Further information:

  arrow Banking
  arrow Debts
  arrow Taxes
  arrow Benefits
  arrow Pensions


Working out a budget can help you keep track of the money you have coming in and how much you spend. A budget calculator can be found on the Financial Services Authority website Moneymadeclear.

More information on benefits, taxes and managing your money can be found on the Directgov website.

   
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Married or not is part of LivingTogether - a campaign led by Advicenow.org.uk to inform cohabiting couples of their legal rights. The Nuffield Foundation and the Department for Constitutional Affairs supported One Plus One's development of material for Married or Not. The legal information on this site was checked by Sarah Forster.

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Disclaimer: This website is intended to offer general non-specific guidance in outline form. Those accessing it should not rely solely on the information or advice it contains.