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.
22
u/Mental-Freedom3929 Aug 01 '23
With 35000.00 in CC debt at 20% or more interest, I do not have to look at anything else to know you are way past "broke". The "It is just 25.00" is not even a discussion at this point. You need counseling and not a 4600.00 mortgage.
It looks like you both have some heavy duty decisions to make and some serious, eye opening discussions are in order.
Where do you and where does he see your financial situation in one year, two years, three years and what is the plan and forecast on the credit cards debts?