My fiancé has a very successful landscaping company, which is about five years old. I‘ve been in corporate banking for 15 years. My fiancé and I are discussing me quitting my cushy six-figure job and helping him with his business. My question is, can I ask him to pay me a salary?
Right now, he pays all the bills and I put money into a joint savings account for us along with helping with groceries, cleaning lady, etc. Helping him at “the shop“ feels exciting and would be a nice change of pace/scenery. I just want to ensure I am/we are setting this up the best way possible.
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He feels we can easily make more through his business (with my help) than my six-figure job, but I’ve never not had a paycheck. Is it fair that I ask for a salary, or just help him grow the business if he continues to pay for everything? Just thinking down the road if things go sideways, I’ve set myself up fairly to be protected.
FoundingFrog