Originally posted by: Skoorb
I think it's so important to know your significant other's spending habits before committing yourself to marriage. It will become an issue suddenly if it wasn't before.
luvly is definitely right with that statement.
BTW I'm thinking that this isn't just all of a sudden fritzo's wife realizes he's bad with money and suddenly says she wants him out. It's obviously a long term problem (unless she's nuts).
If this is something you've not received flak for in the past and then she turns on a dime and says you're out well then she needs help, or she wanted to end things with you anyway and is merely looking for an excuse. However, if you've had talks with her in the past about this and you continue to wreak havoc on your family's financial future I find it quite acceptable for her to come down on you hard. Doing this at Christmas is questionable, but without her here we only have your side. She may be trying to beat sense into you. If I was making 50k/year and my wife was making 35k year and she was spending a ton of money on crap, while I'm trying just to save money for our kids, you can bet I'd be pissed. It's quite understandable.
Going back to luvly's point when mrsskoorb and I got married it was important to me that I would not marry somebody terrible with money. If one person in a relationship is good with it and the other is bad it's easier for the other to sabotage the finances than the good person to repair them. Finances are such an intricate part of our lives that those two people will find it almost impossible to get along well. Money is not the most important thing in our lives, but you have to be realistic with things. If you're up to your ass in debt you lose freedom to do things like send the kids to a private school.
Anyway, as I've mentinoed before and always will mention: Adults should not have credit card debt (emergencies/job loss, etc. aside). If you have any then you're, by definition, over spending. I don't care if your interest rate is 0% or 30%. It's money you don't have that you're spending on frivolous crap you _do not need_. If you have credit card debt _stop bloody well spending_ money on crap. Some think that $20k in debt is ok for their income. Others think 5k is, or $500. Well, the fact is you shouldn't have any.
Something you should try is to have a joint checking account. Mrsskoorb and I do and we're aware (me more than her, since she can't be bothered to check!) of any spending that goes on together. It's inconceivable for us that either one would eventually find out about hidden spending since we both spend from the same source and have our own card on the same credit card account.