Advice Please-New To Board

iVillage Member
Registered: 02-13-2009
Advice Please-New To Board
11
Fri, 02-13-2009 - 10:45am

Hello, my name is Maggie and my husband and I are in debt. The biggest debt we have is our student loans. My husband is a Readjustment Counselor and at the moment makes decent money and I am a SAHM. In times past he has been very irresponsible with finances and we have fought all the time about his poor management skills. It has only been since last year of a 21 year marriage that he has given over the household budget to me and I have been digging ourselves out of debt since. We have our daily living expenses and a home mortgage that we have to get changed sometime here real soon or we will regret it. The worst part is our student loans that ring in the sum of $150,000. I grew up poor most of my life and I KNOW how to really cut back but he is awful when he thinks he is denied things. He has been trying to do some kind of networking the last 19 years of our marriage and believes this is the ticket to help us in the end pay off our student loans. I KNOW this isn't the way it will go because he is TERRIBLE with money and he has purchased products in the hopes to sell the products only to use them himself and not make any kind of profit. I have been listening to Dave Ramsey for the past 2 years and have gotten a grip on our home budget and we have no CC's that we owe and I have been working on bringing down the student loan debt because I know we won't have much of a retirement unless we pay this off! I am angry that he seems to be in la, la land about this business that he is involved with that he doesn't make any money with. He spends at least 100.00 dollars a month on it and doesn't make a dime!!!!! What can I do to make him see that after 19 years he should stop with this! My son and I have had it with him and his "dreaming" and no effort in this business (it's not the business I have a problem with, it's him and not knowing how to run one). Any and all advice would be appreciated.

BTW- I have tried many approaches but he just looks at me with a blank stare as if I have hurt his feelings. Go figure!

Maggie

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iVillage Member
Registered: 04-02-2009
Fri, 04-03-2009 - 11:12pm
Thanks so much for your supportive words.

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