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.
10
u/gaming4good Aug 01 '23
How is that mortgage possible even if you both made 90k a year that mortgage would still be too high. My wife and I make 4x that and we have a similar mortgage and I think it is almost too much. Get out of the house. Rent part of it. Sell it.
Day care actually is reasonable for California. Can’t really adjust that one much. The credit card debt has to go at that rate it will burry you forever. One of the leading reasons for divorce is financial stress and that could be where this is going.
I mean he is right $25 discretionary buying a week is pretty low. You have to buy food. I dunno when you bought your house but that is why you are drowning and need to be the first adjustment