What do you suggest I do?

I've been dating this guy for about 4-5 months now. I've known him all my life but we were out of contact for many years. Now that we started dating- it feels like we have been in a relationship forever. As time goes on, I feel like I'm giving so much of myself but there is no clear communication on what we are doing (relationship wise). I have spoken to him and asked him about the type of relationship we have and he replied with "I have so much going on, I don't feel like I can give my all to you right now." Basically he said right now we are just friends. And if I'm being honest, he does have a lot going on. He has toxic/weird relationships with his children's mothers. He's super focused on getting his finances right, so I do understand to an extent.

I have verbalized what I wanted and asked him where he sees us moving forward? I don't want to keep spending all my time with a man and doing things that you would do in a relationship- just to be friends. He basically said that he wants a relationship with me in the future and sees himself with me long-term. And sometimes when he talks about his future plans- I notice that I am included in those. When he speaks to me, he'll use "babe". When he's speaking to his friends and family I'll over here him refer to me as his "wife" or "girl." No matter what- he still makes it clear that we are friends. I wonder if this is a way for him to do what he wants and if he gets caught, he can just say "well we are just friends"?

What do I do next? Do I continue to just be content with our friendship until he's ready to officially say we are together? Or do I keep my options open and just make it clear to him what I'm doing? I do like him and can see myself with him so I don't want to jeopardize it. But I also don't want to be strung along. At this moment in our lives, I feel like we are on different pages.

How do I go about this?

What do you suggest I do?
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