Question:

How to manage me and my bf's finances?

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Here's our situation: My bf's salary is around 26k to 28k(pesos) per month.Mine is around 13k to 15k.We bought a condo 2 months ago.We're still paying for it with a monthly dues of 11,600(pesos) every 15th of the month until 2012.By that time we can apply for a loan for the remaining balance which is around 400 to 500k.He's giving around 3k to 4k for the electricity expense of their family.His father, and mother are both working.While his 2 brothers are studying(1 is in a public college; the other is graduating in a private elementary school).We are planning to get married this year but postponed it for next year.We had been together for almost 7 years now.Up until now, we still don't have the budget for the simple church wedding that we wanted.I gave him an idea about moving out of their house and rent a small room for himself(or maybe for both of us). I told him I'll help him in many things including buying and cooking his food.I don't really know if this can help him save some money. He can learn how to budget everything.Right now I'm paying my mother 3,400(pesos) per month(2 months more to go) for the gift I gave for my sister since I don't have my own credit card.After that I'll be paying my sister for the 10k we own her.We already paid her 1.5k.What can we both do?We both wanted a civil wedding so that we can get over the planning and budget, etc.But my mother wanted the church wedding to push through.Help!

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  1. If your mom wants a big wedding then let her pay for it,saving you the expence!

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