Reply to Spouse's credit card debt - could pay it, but should I

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[quote=Anonymous][quote=Anonymous]It all comes down to trust. If you trust him and his reform, then you pay it off together as a married couple with shared finance. If you don't trust him, then you transfer the balance to a card in his own name and he has to pay it down himself.[/quote]

Hell no.

It’s not about trust at all.

So, she’s been saving her discretionary money for a bigger purchase. He’s been spending his discretionary many AND more every month. If she pays his credit card debt it sets up the dynamic that  he gets to spend ALL the couples fun money. That’s not a marital budget I would be comfortable with. It breeds resentment in addition to being ridiculous.

A zero interest credit card with automatic monthly payments means the family loses nothing financially. It makes a lot more sense for him to learn to live with less discretionary funds until the debt is paid off than for her to lose all of hers. Bonus, he learns to budget better. What’s next? Are they going to cut family vacation budget to fund his overspending? Kids college fund? Home renovations? Retirement accounts?

Being an adult means living within your means. If he wants to have unlimited fun money, he needs to get a much higher paying job. If he can’t do that, he needs to budget - like everyone else...[/quote]

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