I've spent the last 3 days reading the majority of posts in this forum and I have to say it's been a HUGE help. Bravo.
So my situation:
I've lived with my gf for just over 3 years which now makes us CL. I recently purchased a new condo in August of 2010 and she moved in with me. Prior to that, we were renting an apartment. It's worth noting that we've been "dating" on and off for 7 years. During that time I moved away for a year, came back, we broke up for a year, etc.
So, the condo is in my name as well as all the bills. She provides me with $460 a month as sort of "rent" which I put towards bills. This $460 a month covers approximately 18% of the overall mortgage and hydro/cable/condo fees.
Specifics:
-I make $90K a year and pay for everything for us
-I dropped out of University so "technically" I have NO education
-We have no assets together. No joint accounts. In fact, I have no assets other than my bicycle and condo.
-My girlfriend just finished school with 2 degrees and a masters but is working P/T retail and reception while she searches for a job. She makes about $20K a year.
-If she finds a job, she'll be making roughly 50-60K right out the gate. She isn't too excited to work and has made this quite clear to me. Her efforts to find employment are somewhat lackluster.
-My GF has an 85K OSAP debt and is in collections from everything ranging from UofT 5K debt to Rogers 1K debt. She has zero credit so it's not like she could even rent an apt on her own with such poor credit.
So, I don't want to leave her out in the cold and I've offered to pay her first and last and a couple hundred a month for the first year but for some reason her and her dad think they can, in her words, "come after me" for a lot more.
Her ability to support herself concerns me which is why I offered to chip in monthly as well as pay for her first and last.
So... Any ideas? Am I screwed here?
Maybe I wait until she finds employment to truly break it off?
So my situation:
I've lived with my gf for just over 3 years which now makes us CL. I recently purchased a new condo in August of 2010 and she moved in with me. Prior to that, we were renting an apartment. It's worth noting that we've been "dating" on and off for 7 years. During that time I moved away for a year, came back, we broke up for a year, etc.
So, the condo is in my name as well as all the bills. She provides me with $460 a month as sort of "rent" which I put towards bills. This $460 a month covers approximately 18% of the overall mortgage and hydro/cable/condo fees.
Specifics:
-I make $90K a year and pay for everything for us
-I dropped out of University so "technically" I have NO education
-We have no assets together. No joint accounts. In fact, I have no assets other than my bicycle and condo.
-My girlfriend just finished school with 2 degrees and a masters but is working P/T retail and reception while she searches for a job. She makes about $20K a year.
-If she finds a job, she'll be making roughly 50-60K right out the gate. She isn't too excited to work and has made this quite clear to me. Her efforts to find employment are somewhat lackluster.
-My GF has an 85K OSAP debt and is in collections from everything ranging from UofT 5K debt to Rogers 1K debt. She has zero credit so it's not like she could even rent an apt on her own with such poor credit.
So, I don't want to leave her out in the cold and I've offered to pay her first and last and a couple hundred a month for the first year but for some reason her and her dad think they can, in her words, "come after me" for a lot more.
Her ability to support herself concerns me which is why I offered to chip in monthly as well as pay for her first and last.
So... Any ideas? Am I screwed here?
Maybe I wait until she finds employment to truly break it off?
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