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Going through some serious serious financial woes right now need advice
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Date: October 17th, 2020 12:36 PM Author: Bistre concupiscible house bbw Long time lurker, first time poaster. My wife and I used to make $300k each and live a $700k lifestyle. We were always living like we made an extra $100k when we didn’t. That was because of her to be honest. I was always ok with a Honda Accord but she needed a Range Rover because “I MAKE $300k!”
Now we’re fucked. We just had a baby and she’s not working. Our savings is shit and our non real estate debt is higher than our savings.
We have $300k a year coming in and we’re still living like we make $700k. She spends like an idiot. The last week she bought a Peleton and a $2k jacket because “well what I’m saving on child care...I’m I deserve it!”
She doesn’t get that we are completely fucked if we keep going this route.
Divorce is not an option. Her working is not an option. We have about $70k equity in a million dollar house. We’re fucked. No way about it. |
Date: October 17th, 2020 12:38 PM Author: at-the-ready nudist native I advise you to make more money and spend less money (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131045) |
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Date: October 17th, 2020 12:39 PM Author: Irradiated fluffy dingle berry gunner No alternative to a hard conversation with a spreadsheet and some hard truths about what bills can't be paid if she buys shit because "she deserves it". Good luck friend. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131049) |
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Date: October 17th, 2020 12:39 PM Author: Bistre concupiscible house bbw Won’t work. And I can’t leave her. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131056) |
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Date: October 17th, 2020 12:43 PM Author: at-the-ready nudist native Look, motherfucker, sit her down with a spreadsheet for expenses and a sheet with all of your accounts. Explain you are both gonna be fucking homeless if she keeps it up. If that doesn't work, bend her over your knee and spank her until she says the words, "I understand." Call the bank and put a limit on her card. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131068) |
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Date: October 17th, 2020 12:44 PM Author: Bistre concupiscible house bbw She seems to think my $300k was our money and the $300k she brought in was her play money. Now that $300k is gone, she thinks my money is play money. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131079) |
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Date: October 17th, 2020 12:48 PM Author: at-the-ready nudist native I am not joking. Here is a manual: https://www.youtube.com/watch?v=rxObkfSqmQM&ab_channel=21reese18
Do what I articulated here: http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131068 -- you are fucked if you do not. Then take a serious look at Dave Ramsey or other financial education programs. |
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Date: October 17th, 2020 12:49 PM Author: Irradiated fluffy dingle berry gunner Then you have to tell her a budget and limits her cards (like Hegemon tp said) (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131106) |
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Date: October 17th, 2020 2:25 PM Author: Sinister foreskin This. Put her on a budget (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131572) |
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Date: October 17th, 2020 5:09 PM Author: Sadistic Dopamine Circlehead (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41132282) |
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Date: October 17th, 2020 12:39 PM Author: Hideous becky OnlyFans (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131051) |
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Date: October 17th, 2020 12:40 PM Author: godawful french chef casino (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131061) |
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Date: October 17th, 2020 1:51 PM Author: Disgusting awkward blood rage dog poop (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131418) |
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Date: October 17th, 2020 3:29 PM Author: Black wrinkle Yep, some of us here might even help her channel get off the ground. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131850) |
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Date: October 17th, 2020 12:40 PM Author: Canary hateful market mother atd (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131057) |
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Date: October 17th, 2020 12:40 PM Author: embarrassed to the bone motley business firm How much credit card debt do you have? (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131060) |
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Date: October 17th, 2020 12:41 PM Author: Bistre concupiscible house bbw Close to $90k. Very low interest though (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131063) |
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Date: October 17th, 2020 12:43 PM Author: at-the-ready nudist native holy fuck man (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131072) |
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Date: October 17th, 2020 3:29 PM Author: Black wrinkle (((low interest))) (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131852) |
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Date: October 17th, 2020 4:29 PM Author: sooty depressive your flame just jumped the shark, unless you're black (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41132135) |
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Date: October 17th, 2020 12:41 PM Author: Violent Fat Ankles Idea He Suggested What are the major expenses? I know couples with HHI of 200K buying pelatons and expensive clothes and they seem to be alright (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131062) |
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Date: October 17th, 2020 12:43 PM Author: Bistre concupiscible house bbw Million dollar house
$90k credit card debt
A bunch of personal loans
Car loans
About $70k left in student debt
Funeral expense for my dad |
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Date: October 17th, 2020 12:44 PM Author: at-the-ready nudist native You need Dave Ramsey and God's help (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131074) |
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Date: October 17th, 2020 1:45 PM Author: Very tactful electric kitty church lol (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131391) |
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Date: October 17th, 2020 3:22 PM Author: shimmering milk (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131823) |
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Date: October 17th, 2020 2:22 PM Author: lascivious crimson deer antler If this is not flame, I feel bad for you bro (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131559) |
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Date: October 17th, 2020 12:43 PM Author: Alcoholic station You need to control her access to the money and credit (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131071) |
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Date: October 17th, 2020 12:44 PM Author: Bistre concupiscible house bbw See above. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131083) |
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Date: October 17th, 2020 12:44 PM Author: embarrassed to the bone motley business firm Is your job safe? (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131082) |
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Date: October 17th, 2020 12:46 PM Author: Bistre concupiscible house bbw Well I just got passed over for a promotion to a semi-diversity hire and it’s an up or out type of job so I would say no. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131088) |
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Date: October 17th, 2020 8:59 PM Author: Diverse fishy therapy trying a bit too hard with this one (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41133398) |
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Date: October 17th, 2020 12:46 PM Author: up-to-no-good area What do you do? What did she do?
For all her insanity, Thunder Collins's wife seemed to have a great gig. High paying, very flexible, WFH. Any chance of your wife doing anything like that? |
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Date: October 17th, 2020 12:46 PM Author: buff metal jew Can you separate out your finances? Your salay belongs to you. put it in a separate account. Let her see her debt run up. Otherwise you will need to divorce or at least threaten divorce. You dont need to leave her. Just tell her you love her but finances need to be separated to protect your childrens future. She needs a wake up call. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131096) |
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Date: October 17th, 2020 12:49 PM Author: Irradiated fluffy dingle berry gunner I like this (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131111) |
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Date: October 17th, 2020 12:52 PM Author: pearl field codepig Just a chill long time lurker with a user account and password for a site no one has been able to register for in 3 years. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131129) |
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Date: October 17th, 2020 1:20 PM Author: Bistre concupiscible house bbw Cosmos De’ Medici? (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131269) |
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Date: October 17th, 2020 1:00 PM Author: mewling half-breed preventive strike A wise dude once told me it’s not what you make it’s what you keep - you gotta look to optimize your finances by paying off debt, maximizing tax savings and not spending an excessive amount of money.
You should seek to build the equity in your home to $200k as well and maybe refinance to get rid of private mortgage insurance and get a lower rate. PMI isn’t required after 20% equity.
Also stop spending like a degenerate and tell your wife that as well. You basically need to reality check this chick quick and get your house in order before you start sending the kid to school which is likely gonna be huge money drain given your consumption habits. |
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Date: October 17th, 2020 1:41 PM Author: indecent high-end lodge (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131378) |
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Date: October 17th, 2020 1:44 PM Author: laughsome background story national 1. Flame.
2. Cut off her access to the money. |
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Date: October 17th, 2020 1:47 PM Author: Insane Partner Old Irish Cottage begin/keep hitting her with a closed fist at least 1x per day (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131399) |
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Date: October 17th, 2020 1:56 PM Author: maroon pit turdskin she sounds like a petulant child so treat her like one -- cut off her allowance (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131452) |
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Date: October 17th, 2020 2:19 PM Author: light insecure garrison marketing idea slice up all your credit cards but 1 and spreadsheet budget absolutely everything. sit her down and walk through it. otherwise you will end up filing for bankruptcy and getting divorced. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131539) |
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Date: October 17th, 2020 2:20 PM Author: Vigorous startled gaming laptop potus Holy shit, my nightmare. Did she always show signs of being a materialistic consumer? (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131545) |
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Date: October 17th, 2020 2:23 PM Author: Internet-worthy space JFC, all you had to do was live with another bro, and be bros, and help each other out as the need arose, and your life could have been great. Instead you've lost everything to a greasy slime pit. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131565) |
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Date: October 17th, 2020 2:26 PM Author: Bossy Spot Idiot Why make this post where your wife’s profligate lifestyle is obviously the main problem but just reply there is nothing that can be done about your wife? Just kill her, okay? She sounds insufferable (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131582) |
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Date: October 17th, 2020 2:27 PM Author: Adventurous Persian International Law Enforcement Agency How do you only have 70k equity? Do they really let you get a $1m mortgage with zero down when you make 600k? (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131587) |
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Date: October 17th, 2020 4:12 PM Author: Bistre concupiscible house bbw Zero down. Fucking insane. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41132032) |
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Date: October 17th, 2020 4:21 PM Author: Vigorous startled gaming laptop potus (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41132088) |
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Date: October 17th, 2020 3:09 PM Author: Razzle self-centered voyeur (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131758) |
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Date: October 17th, 2020 3:35 PM Author: Floppy unholy water buffalo Chris Watts 2.0 in the making here (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131878) |
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Date: October 17th, 2020 3:44 PM Author: Opaque Vibrant Doctorate Love Of Her Life Flame (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41131908) |
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Date: October 17th, 2020 4:27 PM Author: Pearly home great thread. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41132119) |
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Date: October 17th, 2020 4:33 PM Author: at-the-ready nudist native eager for an update in a week if somehow not flame (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41132150) |
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Date: October 17th, 2020 4:38 PM Author: Bossy Spot Idiot You’d be fine w a flame update too I hope (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41132172) |
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Date: October 17th, 2020 5:00 PM Author: at-the-ready nudist native it would have to be convincing, but yes (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41132248) |
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Date: October 17th, 2020 7:01 PM Author: multi-colored bright affirmative action tanning salon (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41132809) |
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Date: October 17th, 2020 9:01 PM Author: Violet Meetinghouse Degenerate Xo catnip ITT (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41133408) |
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Date: October 17th, 2020 10:16 PM Author: alcoholic ape (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41133757) |
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Date: October 17th, 2020 10:17 PM Author: alcoholic ape The fact is that $600k/year just wasn't that much. $300k/year definitely isn't much. She HAS to get back to work. And both of you need to earn more. Because the baby alone will cost $100k/year, you really both need to start making $400k/year each just to break even. $500k/year each would be better. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41133763) |
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Date: October 17th, 2020 10:19 PM Author: Bistre concupiscible house bbw How will the baby cost $100k? Formula is not that expensive plus my buddy makes it. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41133773) |
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Date: October 18th, 2020 12:09 AM Author: alcoholic ape Well if she goes back to work she'll need a nanny, plus fashionable clothes and carriages for the baby, plus more drugs due to the added stress. (http://www.autoadmit.com/thread.php?thread_id=4653765&forum_id=2#41134272) |