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Remarried blended families "Family unit" finances
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Video from Shloime Ehrlich
Categories:Lifestyle/Vlogs
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Transcript
Auto-generated transcript. Not time-synced to the video.
okay someone asked me she just got
married second time around how should
you deal with the finances when it comes
to her kids his kids a blended family
second marriage there are many different
styles when it comes to finances how
couples in general deal with finance
even the first time around but second
time around this is something that needs
to be clarified and if I'm making this
video to share with you how my
experience with many many couples that
I've dealt with if he has an income and
she has an income they share a common
bank account when he gets married he
knows that he takes her and her children
on his plate
when she gets married to him she knows
that she's marrying him and his children
they are creating together a family unit
everybody in this family unit gains the
father the mother the husband the wife
and the children her kids and his kids
this is beneficial for the whole family
and everybody needs to invest in this
wholesome new family unit that was
created there's gonna be a lot of issues
where his kids are gonna feel that
they're not spending the money on him
they're giving for her kids rather than
money and there's not enough money for
us and his child needs therapy that
Charlie's therapy this kid needs
seminary a decade we understand that but
as long as the husband and wife are a
unit together and they realize that we
share the finances we share the burden
we share the responsibility and we
decide together
which child gets what we're talking in a
certain in a situation obviously where
there's no extra money flowing which is
the most cases where there's regular
income or even a little less than
regular income
child a needs this child beam it's not
your child my child at the moment we
start saying your child needs is my
child your ex is a child support my
child support how do I get it could end
up in creating a rift or a distance
between the husband wife in their own
relationship and that's gonna be
detrimental to them and to the kids so
the parents need to be very clear when
you get married again you have a shared
finances you share together everything
the responsibilities of taking them
shopping it's not only the money it's
doing sitting doing homework his kids my
kids the same amount of time needs to be
put into everybody together and the
children are going to challenge you it's
very common the teenagers they challenge
you to say how can we do this and you
know because they feel that they had
their mommy from for a while before the
Sheep got remarried she see the children
see it as a as someone's taking away
their attention they're not old enough
to appreciate the value of a family unit
and later on where they're gonna get
remarried the children gonna get married
they're gonna realize that was so
beneficial to them to their mother the
father remarried and created so they're
coming from a wholesome family where
there's a regular family unit the normal
Shabbos table a normal weekday
everything is normal they're gonna thank
you then so we need to be very clear for
our children we could say I can't
discuss with your Highnesses I'm
discussing Makati
I was cussing with mommy and we are
going to decide where the money goes who
gets what and this is going to end up
being beneficial to everybody this is a
very short synopsis obviously this is a
very complicated and very lengthy
conversation to have but for now this is
my answer to you