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May 30, 2006, 6:08 am PDT
I am there with you
Quote From: lonelyinsdMy husband and I have $7000 in credit card dept, his school loan of 26,000 and two car loans. He's in the military and wanting to get out in June so we're wanting to get everything paid off by then. We have a 6 month old son and I was a SAHM but I now started working full time Customer Service at night to help pay everything off. He's always lecturing me about not putting things on the credit card but everything I put on there I make sure we have the money for an pay off. He came up with this great plan that we could both spend $100 a month on whatever we want, the problem is that I never spend money on myself that I just spend it on household and baby stuff but he wanted an excuse to spend a $100 a month on computer parts and games. We got a consumer loan to pay off all of our cards so that we just have to worry about 1 payment with a set interest rate. When I went to go pay them off I asked for the log in for his credit card, when he didn't want to tell me I tried a few things and figured it out. He bought $650 worth of computer parts last month! Everything he asked me about getting I budget and figure out a way for us to afford it but he went out and spent this money without even consulting me. He put it on a credit card, when he knows we can't afford it. It's like he thinks that I'm working just to buy him stuff. The month before that he spent $150 on a new gaming keyboard, mouse and mousepad without telling me and I was pissed about that so why in the world would he do this? He works and goes to school full time so is never home to help with the house or the baby but thinks that he needs computer games to unwind. I am in the same situation as you are. We are paying our bills, but just barely. My husband is entirely to blame for our financial problems. We are 30,000 in debt with credit cards. My husband has been on a spending spree for years. I was able to keep up with payments until this january when they increased the minimum payments due. Now we are scrambling and trying to budget. We gave ourselves $20 each week as spending money. I never spend mine and my husband goes to his mother for more money. My husband's therapy for any problem is shopping. He has no other extra-curricular hobbies but shopping. A good day out for him is go to mall and buy a computer part. He has taken apart and rebuilt our computer so many times and each time, he needs more parts. I wish I could cancel his subscription to these terrible magazines on computer advancements. My husband now blames everyone but him on our debt. First me and him for fighting, my son for not been good, his friends for deserting him. I told him, it is his problem and he needs help. He will not get individual help, but I have found a debtors anonymous meeting out of town--about 25 minutes from our house, that he as agreed to go to. I don't know what type of help they offer, but maybe we are not alone. I am hoping to take this debt-thing one day at a time and slowly pay it off. It is killing us. We are one incident from disaster. It is stressful and taking its toll on our 10-year marriage. To top it off, our son has learning disabilities which already cause extreme chaos in our relationship. It we stick to our plan we should be completely out of debt in 30 months. However, that is if we survive the hardships (e.g., no vacations, no extra clothes, no new furniture, and hopefully nothing breaks or none of us gets sick.). I wish there was a fast solution to change ones spending habits. I wish my husband would recognize how seriously he is damaging our family by his spending habits.
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