He thinks using a credit card is the answer for when we don't have the money to buy something. But I think that if we don't have the money then we shouldn't buy it. I think that credit cards should only be used for emergencies not for when you want to spend all your money and then use a credit card to buy something else.
2006-11-21 01:18:27 · 12 answers · asked by guardianangel 3 in Family & Relationships ➔ Marriage & Divorce
I agree with you!! My husband and I were in the same situation when we first got married.. It took him a little while, but after 2 kids and me getting on him all the time about it, he finally learned that you just can't have everything.. Credit cards are not the answer!! I got him to think my way.. If you don't have the cash for it then you can't buy it... Good luck to you
2006-11-21 01:22:16 · answer #1 · answered by Kat0312 4 · 0⤊ 0⤋
Obviously you both have a different value on money - yours is the right approach and his, unfortunately isn't - and oh so common in today's society.
Are you able to have your own, separate bank account?
I know that this will not help the problem but you need to be financially secure yourself if he isn't(in case of emergencies).
I don't know what country you are in, but in Australia they have just introduced what's called a Debit Credit Card - it works exactly like a credit card except that there is a CREDIT balance in the account. You can pay most things online and use it to buy things over the telephone. It is becoming increasingly popular in Australia and teaches people not to use credit cards.
As I always say to the answers I give people - everything must be said and done "in love". I suggest you speak to your husband and plead with him about this concern with his credit card and spending. He needs to be taught, just like a child needs to be taught. Teaching him step by step about saving ( show him by example). When he is good - compliment him and if he goes out and spends $1000's on the credit card - don't yell and scream at him or put him down(as much as you would want to).
He has to learn by example so if he struggles, let that be a lesson to him.
You could also see a financial advisor who will sit down and teach you both the correct way to budget and save.
Best of luck - this is a hard question to answer but I know it's achieveable.
2006-11-21 01:28:14 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Finances in marriage are always tough to deal with. I don't know what you can do because he has to make up his mind to live within his means. Most people know that credit card debt is the worst kind. I guess maybe separate accounts might be the solution but it sounds like you might be left holding the bag-- of bills that is. Maybe there is someone he respects, because evidently he hasn't listen to you, that can talk to him about his spending. Thats a tough one but one thing is certain it will not work if his spending continues to spiral out of control.
2006-11-21 02:27:52 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Have him read the book, "The Millionaire Next Door." It's a wonderfully insightful book about the average American millionaire and how the achieved their wealth. It should open his eyes quite a bit regarding spending and the need to make purchases on credit. You might find it interesting as well.
2006-11-21 01:28:59 · answer #4 · answered by Colonel Angus 4 · 1⤊ 0⤋
Happy blend of policy on availing credit is to be developed. While it may not be desirable to take loan for current consumption, if one has stable income one can afford to spend upto one month's earnings thru credit card because no interest is payable on the amount of loan and the amount of loan so taken is fully covered by the ensuing month's earnings.
2006-11-21 01:25:35 · answer #5 · answered by Anonymous · 0⤊ 1⤋
Cut up his cards or do not share accounts with him. Put all your earnings in your personal account. Make him pay for all household expenses.
2006-11-21 03:21:33 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You need to sit him down and have a chatt with him, let him know that you are aginst his action, and need to under standand the value of money.... need to save but you also have to live a good life....
2006-11-21 01:28:31 · answer #7 · answered by *Cutie* 4 · 1⤊ 0⤋
Put money away without him knowing about it . It can be done easily and he won't even know. Every week take something and put it somewhere safe .
2006-11-21 01:24:43 · answer #8 · answered by IT'S JUST ME ! 7 · 0⤊ 0⤋
Buy a new husband....take the old one to cash converters
2006-11-21 01:20:50 · answer #9 · answered by SpearTheBeardedClam 1 · 0⤊ 0⤋
Kinda wonder, if the answers work ''vise versa'' here too ? (husband saves money vs wife spends money ?
2006-11-21 01:43:26 · answer #10 · answered by Steven H 5 · 0⤊ 1⤋