Two-household finances pack

Organise the numbers and questions without rushing decisions. This printable companion explains how to use the Family Money Matters workbook and gives you space to plan.

How to use this pack

Allow 30–45 minutes for a first pass. You do not need perfect numbers: label estimates clearly, note missing information and update as circumstances change. The Excel workbook provides editable calculations; this pack helps you interpret the results.

Four practical steps

1. Build separate budgets

List the costs of each household, including housing, utilities, travel, children’s costs and existing repayments. Use estimates only where actual figures are unavailable.

My next action

2. Record joint commitments

Make a factual list of accounts, mortgages, credit agreements and regular bills. Note whose name is on each account and when payments fall due.

My next action

3. Gather documents securely

Identify payslips, pension statements, mortgage balances, savings, liabilities and recent statements. Store copies securely and avoid sharing sensitive data through unprotected email.

My next action

4. Prepare professional questions

Record issues about housing, pensions, maintenance, tax and legal agreements for a solicitor or suitably qualified adviser. Do not assume this pack determines a fair settlement.

My next action

Questions worth answering

☐ Which costs continue in both households?

☐ Which joint payments could be missed?

☐ What figures are unknown or disputed?

☐ Where do we need independent legal or regulated financial advice?

My 30-day action plan

Choose no more than three actions and assign a date and person responsible.

Trusted places to learn more

MoneyHelper: moneyhelper.org.uk
GOV.UK: gov.uk (divorce, child maintenance)

General UK financial education only. Not personalised financial, legal, tax, care or regulated product advice. Information and eligibility rules can change. Seek appropriate professional support for decisions affecting your circumstances.