My bf is in debt. We've been together 6 yrs. He pays child support for 2 kids which will be done in 3 more yrs. He's got a court loan for about $6,000 and a credit card bal. of $4200. He doesn't make good financial decisions, he just bought a Harley for $3000 because "it was a good deal." He keeps saying after his support is done he'll have more money. His mother has money and he says after his support is done she's going to give him part of his inheritence. He and I both currently rent. I'm really getting tired of the apartment life. I don't feel comfortable buying a house with all of my money, having him move in along with all of his kids stuff. Does this mean I'm selfish? I don't feel I should pay part of his bills from him previous marriage. He's getting eatin up w/monthly interest. I love him, but really wondering where I'm going to be w/him down the road. Help..
2006-11-25 23:32:58 · 5 answers · asked by jeep 2 in Business & Finance ➔ Personal Finance
I hate to give a callous answer, but I think one is called for in this situation. Your should ask yourself why your boyfriend is someone elses ex. It appears that there is a very good reason. If you link up with this person I expect that within 3 years he might very well be your ex also. Money matters are the reasons for more divorces than any other one cause except perhaps infidelity.
Six years of your life have already shown very little roi. Best to liquidate this liability and find a good assets instead.
2006-11-26 01:40:35 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Some people are just not able to budget and spend within their means. You either have to get him to change or it will be like this for the rest of your life and you won't be happy...ever. If he can't or won't change you should seriously think about moving on. How long you give him is up to you but a couple of months ultimatum doesn't seem unreasonable.
2006-11-26 07:42:03 · answer #2 · answered by Cubic Spline 3 · 0⤊ 0⤋
I don't think that things will change in the near future. You need to figure out whether you can live with his spending and monetary irresponsibility. Money problems suck the life out of relationships. Don't think you are being selfish, you should only be in a relationship that works for you.
2006-11-26 09:09:13 · answer #3 · answered by Gone fishin' 7 · 0⤊ 0⤋
If he is making bad financial decisions now, he will make bad financial decisions later. Tell him how you feel. The prospect of losing you may be enough to make him change....and then, maybe not. People do not change their financial habits overnight.
2006-11-26 08:36:06 · answer #4 · answered by Wayne Z 7 · 0⤊ 0⤋
when i got married we were in debt up to our eyeballs..if you wait it will never happen..plan it together or move on.
2006-11-26 07:45:41 · answer #5 · answered by koalatcomics 7 · 0⤊ 0⤋