Should I “let” my husband buy this car?

Anonymous
Only unattractive moms on this board think that luxury sport cars don’t attract women.
Your husbands aren’t trying to attract unattractive moms who think that the minivan is the most beautiful car out there. They aren’t looking for a new wife. They are looking to attract hot women to play. These hot and sexy women love sport cars.
Anonymous
Anonymous wrote:Keep in mind a Boxster is entry level and it won't be long before he starts mumbling "GT3".


Can confirm. I started with a boxster and now have a 911. It is an expensive hobby.
Anonymous
It is such a fun car. There is no better feeling than that first spring day and putting the top down on a boxster. If it brings him joy and you can afford it, why not.
Anonymous
Anonymous wrote:No offense, honestly, but I don't understand why you have a say in this. But given that you do, be excited for him and amp him up about it. Why be a drag?


She "has a say in this" because in most families, both people are involved in large purchases. We don't just go buy a $100K+ vehicle because "we want it". We discuss first.

However, yes this wouldn't be a hill I'd pick to die on. Let him get it, but find other ways to save a bit, because it's expensive and insurance on it will be high. So make sure it all fits into your budget
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OP, curious how many luxury handbags you own and how much you spend on Botox/hair/nails/clothes.


OP here. The only “self care” thing I spend money on is getting my roots touched up every 2 weeks. Other than that - no Botox, no nails, no fancy clothes or bags, etc.

I’ve never had a massage. I’ve never even had a pedicure. I shop at Target, Old Navy, Athleta, LL Bean, etc. I’m a teacher and drive a Subaru so I am not exactly a high maintenance person, lol. Before I got this car, I drove my last one for over 10 years by choice. My H is always wanting to upgrade his car though to something newer and fancier. He makes over 10x what I do though so it’s not something I really feel like I can say a hard no to. Mostly I just push it off.

As for this Porsche, I’d prefer for him to save the money for our kids. But he grumbles about that already because they’re all involved in expensive travel sports. I don’t think he understands how tough life is for young adults nowadays though. It’s not enough just to pay for college. They will also need money for graduate school, help with rent, help with a down payment, etc.


That's a terrible relationship dynamic. Yikes.


Yeah, they should be equals. I've been SAHP for 20+ years. I manage the finances. My spouse would never think of making a $100K+ purchase without us mutually agreeing beforehand. Then again, they wouldn't make more than a $1-2K purchase without us discussing. And we are worth much more than OP and spouse makes double what he makes.
It's just how we manage family finances
Anonymous
Anonymous wrote:
Anonymous wrote:He wants a Porsche Boxster. With the options he wants, it’s around 110k. He makes > 500k.

We “technically” have a net worth over 6 million BUT 750k is money earmarked for kids’ educations, ~ 500k is our house, and ~ 300 is in illiquid investments.

Liquid investments excluding the 529s is probably around 4.5 million.

No debt.

He already has an expensive car (SUV) so idk why he needs another one. But I feel bad saying no since we can technically afford it.

Can you think of reasons to say no?


"He" makes > $500K. Do "You" make anything? I'm surprised you even have a say in the matter.


I'm SAHP. My spouse makes double that. I manage finances. We are equals---I get just as much "say in the matter" as my spouse does for major purchases. Just because my job doesn't bring in a paycheck doesn't mean I'm not just as valued in our family as the one who does. In a healthy relationship, you don't make major purchases without everyone agreeing
Anonymous
Anonymous wrote:Of course he can get the car if he wants, OP. My husband wants a corvette, and we can certainly afford it, so I haven't said no. What I have said is that if he gets his car, he will have to figure out where to park it, because my run of the mill SUV that does the bulk of the driving is not going to be parked outside, while he puts TWO cars that he doesn't drive frequently, and his Harley, in the garage.

So far, no Corvette.


THIS^^ Just point out the facts and reality and let him come up with a solution. But I"m with you, he can get the car but you get to park your One car inside. He gets to figure out which of his goes inside as well
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OP, curious how many luxury handbags you own and how much you spend on Botox/hair/nails/clothes.


OP here. The only “self care” thing I spend money on is getting my roots touched up every 2 weeks. Other than that - no Botox, no nails, no fancy clothes or bags, etc.

I’ve never had a massage. I’ve never even had a pedicure. I shop at Target, Old Navy, Athleta, LL Bean, etc. I’m a teacher and drive a Subaru so I am not exactly a high maintenance person, lol. Before I got this car, I drove my last one for over 10 years by choice. My H is always wanting to upgrade his car though to something newer and fancier. He makes over 10x what I do though so it’s not something I really feel like I can say a hard no to. Mostly I just push it off.

As for this Porsche, I’d prefer for him to save the money for our kids. But he grumbles about that already because they’re all involved in expensive travel sports. I don’t think he understands how tough life is for young adults nowadays though. It’s not enough just to pay for college. They will also need money for graduate school, help with rent, help with a down payment, etc.


That's a terrible relationship dynamic. Yikes.


Uh, at least she works?? How many SAHMs post on this website? They are even worse off.


You misunderstand me - the terrible dynamic is her feeling like she has little or no voice in the way the family finances are spent. It doesn't matter who makes what; this is family money, and it's a family decision how its spent. Over the course of my marriage, I have made anywhere from 4X to 8X what my wife made - but that doesn;t mean I get to decide how it's spent.


It can’t be all about the kids all the time, OP. That leads to resentment. You can afford it.


In a healthy adult relationship, nobody pulls the "I make more than you so I get to do this" card.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Everyone has said it well, but I’ll add… yeah, if he wants the car, he should get it. He makes 10x your salary. He’s already worked to fund significant savings.

I happen to think it’s a waste of money. But, he probably thinks things I spend money on are a waste. Plus 110k isn’t *that* much for a high end car these days. It’s sort of the cheapest high end car you can get. He could easily be pushing into the 150s without it being absurd.


I am baffled by the people who think the higher earner gets a bigger role in making decisions about the family finances


What’s baffling about it? I think it’s always the people who earn less who think the person who earns more shouldn’t be able to spend a bit of it. Oh it’s not fair we can’t each have 110k cars? Well, each of us don’t have jobs to afford 110k cars.


No, it's not. Several commenters who are the higher earner have said that both spouses have veto power when it comes to more expensive purchases, and that general financial decisions should be made together. I'm a SAHM and my husband is a big law partner and he always asks for permission when purchasing something over 1K or so. What you are advocating for is actually financial abuse if there is a big income disparity.


You’re describing a situation that isn’t occurring. Sorry you’re self conscious about an income disparity. But the subject was asked by the higher earner if he can. And I said yes he should be able to, in part, because he earns the money. Further, I didn’t say anything about discussing it, or not, in the universal sense. The entire scenario here is after a discussion has already occurred.

The chip on your shoulder is really a burden, I can tell.


It’s not a discussion if you believe the higher earner can just say “I want to do it I earn enough I’m buying it”. That’s a dictatorship and unhealthy
Anonymous
And this is why I waited a long time to get married. I enjoyed all my financial mistakes: my fast cars, my penthouse condos, it was great. Also, I married a wonderful guy, who *I hope* would never post or think something this obnoxious. When we went to the car show a couple of months ago and saw this baby-blue Austin Martin convertible, DH asked: if it would make you happy, just buy one. I fee sorry for your DH, OP.
Anonymous
Anonymous wrote:No offense, honestly, but I don't understand why you have a say in this. But given that you do, be excited for him and amp him up about it. Why be a drag?


Amen. What a bunch of scolds. If you are fortunate enough to have a husband who makes $500,000 a year, don't tell him what kind of car he can buy, particularly a $100,000 Porsche, which certainly isn't going to break you.

I'm sure there are plenty of younger women out there who won't scold him about his car choices.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OP, curious how many luxury handbags you own and how much you spend on Botox/hair/nails/clothes.


OP here. The only “self care” thing I spend money on is getting my roots touched up every 2 weeks. Other than that - no Botox, no nails, no fancy clothes or bags, etc.

I’ve never had a massage. I’ve never even had a pedicure. I shop at Target, Old Navy, Athleta, LL Bean, etc. I’m a teacher and drive a Subaru so I am not exactly a high maintenance person, lol. Before I got this car, I drove my last one for over 10 years by choice. My H is always wanting to upgrade his car though to something newer and fancier. He makes over 10x what I do though so it’s not something I really feel like I can say a hard no to. Mostly I just push it off.

As for this Porsche, I’d prefer for him to save the money for our kids. But he grumbles about that already because they’re all involved in expensive travel sports. I don’t think he understands how tough life is for young adults nowadays though. It’s not enough just to pay for college. They will also need money for graduate school, help with rent, help with a down payment, etc.


That's a terrible relationship dynamic. Yikes.


Uh, at least she works?? How many SAHMs post on this website? They are even worse off.


You misunderstand me - the terrible dynamic is her feeling like she has little or no voice in the way the family finances are spent. It doesn't matter who makes what; this is family money, and it's a family decision how its spent. Over the course of my marriage, I have made anywhere from 4X to 8X what my wife made - but that doesn;t mean I get to decide how it's spent.


It can’t be all about the kids all the time, OP. That leads to resentment. You can afford it.


In a healthy adult relationship, nobody pulls the "I make more than you so I get to do this" card.
Anonymous
You sound like a cheapskate. it sounds like you are all about your kids and you expect your husband to be the same way that was standing the fact that his hard work and frugal ways have allowed you to put yourself close to the top one percent in terms of net worth.

Without judging too much, this relationship has all the signs of him getting bored with his frumpy cheapskate wife who cares more about the kids than him and tries to micro-control how he spends the family money despite him making 10 times which she makes.

Don't be surprised when he finally comes to the conclusion that he has 20 or 30 years left and leaves your for a 35 year old who appreciates him and takes care of herself.
Anonymous
I’m as frugal as they come but with this income and savings, he should definitely be able to get this car. And, OP shouldn’t plan on funding her kids adult lives. That creates adults who are entitled and unable to manage their own loved.
Anonymous
OP, I get it.. I also want to give as much as I can to the kids. But you have to realize that, you and your DH are already providing expensive activities, college tuition, good education to the kids.

I am from India, and in Indian culture (though it is fast changing now), MC families did everything to provide for kids, took loans, sacrificed their time, money etc. Unfortunately, that led to an expectation in the parents old age that the kids would spend time with them and often provide them. It really led to a more resentful life for everyone.
Kids will go to college and likely not visit you for more than once or twice a year. Your DH will be there for you in sickness and in happiness. Prioritize your DH if your relationship is otherwise healthy as long as kids basic needs are met. If you have excess, for sure but the kids a house or a downpayment

It would be helpful to keep a balance where parents get to do things (within reason) and also provide for their kids (but not at the expense of their own happiness). Buying the 100K car definitely seems reasonable given your HHI and assets.

You and your DH have just one life. You owe it to yourself to be happy.
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