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[quote=Anonymous][quote=Anonymous]I just found out we had 35k in credit card debt in 9 months. The kicker is that we have the cash to pay it off. My spouse just carries the balance for some reason. We have talked about this for a few years and I have tried explaining we are paying interest. It costs thousands of dollars to run our finances like this, just money in the garbage. Would you just totally work off a debit card system? Any good debit cards for this situation that offer more protection in the case of theft, etc? Credit limit is about 150k so it hasn't dinged our credit score too badly. HELP! Advice needed. Also high income, 500k salary professional, so definitely has the capacity to understand, it just seems like some mental block. [/quote]

IMO, your spouse needs some counseling.  I wouldn't provide access to family funds until they get assistance.  I would switch to managing the finances, and yes, only allow a Debit card for access (with low amounts in the account) or a CC with only $2K credit limit.

But in reality you need to fix the root cause, which is your spouses lack of financial acuity.  [/quote]

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