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[quote=Anonymous][quote=Anonymous]OP, my husband is horrible managing finances - he just swipes the cc and thinks a magic fairy will take care of it. He didn't pay it fully and just kept incurring in debit - and I knew nothing about it! He consolidated  his debt a couple of times to pay it off, but he would go back into his old way pretty soon and then, make another debit. When I found out, we had 30k in debit! He had never allowed access to his bank account or credit cards/bank cards before.

Once I got pregnant and one day found a HUGE bill from one of his consolidated debits, I freaked out (of course!). Up till then, we never had money to do anything fun like travel or buy new furniture, etc. However, we went out often to eat/movies and such. But I still wondered where was all the money going, because it didn't make sense to me we couldn't even travel to spend a weekend away if he alone made 100+K.

Anyway, he also used to lie to me.... when I found this huge bill, he said it was the life insurance policy but it happens two days later I opened a letter from the life insurance polity saying he had defaulted, etc. After that we had a huge argument (more like I yelled a lot and he just took it and said he was "sorry'). I DEMANDED all his CC and debit cards and took charge of everything from then on. I started packing his lunch and giving him a $10.00 allowance per week. He had no access to his money whatsoever.

I made a budget and used snowball.com (paying high interest debits first), cut down on groceries bill (stopped going to WF, began buying generic brands, trying couponing - didn't work though), stop going out to eat, cancelled one of the cable box, cut down on the use of dishwasher, started doing laundry with cold water, etc. I also called car insurances and was able to switch companies and save 50%!!!!

In the budget, I allocated $200.00/month for "fun" things like occasional movie, and also clothes, baby on the way, etc.

The past two years were HORRIBLE! I hate living like that and it was sooo stressful! We had constant fights, but when I mailed the last check to pay the cc debit, I even took a picture:) It is such a relief! And now we refinanced our home to get a lower rate and will have an extra $500.00 coming every month - plus, we will finish paying our car in October. Now we are able to breath again and have some room. 
It is also and example I want to set for my child, even though she is so young. [/quote]

Great job, PP! Kudos to you!
I hope your husband appreciates what you did for your family![/quote]

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