Dear DH, do you want to get out of debt?

iVillage Member
Registered: 07-17-2005
Dear DH, do you want to get out of debt?
2
Fri, 12-23-2005 - 11:08am
Last night DH and I were going over our new budget that I had put together for the first time. It is pretty much modeled after the one Dave Ramsey has in his book Total Money Makeover. I was able to put $36 in our emergency fund and $38 towards my line of credit. I said to him "I'd like to put at least half of our tax refund toward debt" and he said "Yeah, we'll see how much we get back" Um, if we get $1 back it's going toward debt. He wants to get out of debt as soon as possible, yet he doesn't want to put any extra money (tax refund, bonuses) towards it. I understand the latest debt is my fault, again. But we do have some debt from building our house, which we did, together. I'm just so blahhhhh, what do you want from me? He doesn't want me to get a 2nd job. I have gone through some things in my closet that I recently bought and can return. I have some stuff I want to put on ebay in the next few weeks. I just don't get it. Do you want to get out of debt ASAP or do you not honey? Sheesh.
iVillage Member
Registered: 01-06-2005
Fri, 12-23-2005 - 11:20am

HUGS!!!!!

I completely feel your pain! My husband wants out of debt BADLY, but he also wants to buy a new computer! ::rolling eyes::

Hmm....why don't we wait a bit on the computer, honey, so we can pay off the debt that is bearing down on us!

And we have another year and a half lease at our apartment (which is kinda pricey....), and he keeps talking about breaking the lease to get a house! First, breaking the lease costs $1,500. Second, his credit is AWFUL. Third, we have NO down payment (which I think is a must!).

Sometimes I think men live in la-la Land. ha ha

~Aravis~

 

Image hosting by TinyPic

Avatar for endomagazine
iVillage Member
Registered: 11-09-2004
Fri, 12-23-2005 - 9:21pm

Hello,

It's possible your DH didn't realize that any bonus income (refund, bonus check, gifts) is *easier* to send to debt than it is to save up money from regular income. If your DH wants a new purchase, ask him to help you reduce expenses so that you can save up for it. You and he will be much prouder of the purchase if it didn't keep a "windfall" payment from going toward debt.

Regardless of who caused the debt, it's something you both have to deal with. He should not be "rewarded" with a large purchase while you "reduce" your own expenses to pay off debt.

Sincerely,
Lindsey Schocke

Take a Virtual Ride in a Ferrari!
http://www.my.ws/runsamok

Sincerely,
Lindsey Schocke

Geeks on Tap: Mission Accomplished