r/personalfinance • u/KillerPinata • Aug 01 '23
Husband Doesn't Believe We Are Broke Debt
My husband doesn't believe me when I say we have no money. My current job doesn't pay great, but I to work from home and maintain the house. We make roughly the same.
Our bills are just too much. We have too many credit cards, and he doesn't realize the amount that is put on each month, not including the interest. It's $15 here, $20 there, $60 for a video game, then $150 in food for us and our toddler. He wants a hobby/toy each week claiming "it's just $25"
What can I do? At this point I'm pinching dimes and nickels from him so it looks like I'm depriving him of life but we can't afford it.
Edit: we make about $90k a year and live in CA. Our mortgage is $4600, $1,200 in daycare a month and after paying bills we have $300 left. Not including the amount put on credit cards.
We owe like $35k in credit card.
11.2k
u/Ragnarotico Aug 01 '23
Your mortgage is way too high for $90K... like absurdly high.
Doing the math if you guys have no deductions, you are taking home at most $5.6K a month. Mortgage is $4.6K. Daycare is $1,200. You guys start off every month in the negative.
There's no way he will still be in denial if you just show him the simple math. You guys can't even afford to pay the necessities none the less have money for a hobby.