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Relationship Discussion (non-explicit)
Reply to "Husband Spends Too Much Money "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We can't offer any advice without actual numbers. If you can afford it, there's no problem.[/quote] OP here. We can afford it but he spends so much unnecessary money that we could save it and use it for other thing. Here are some examples - He never looks at prices at the grocery store. He will easily spends double what I would spend. - He constantly is buying new cups, plates, and bar stuff when we rarely drink. He busy super expensive alcohol he never drinks because he collects it. - He has spent about $75k in the past 6 months for his “ man cave” and workout room. - He bought a very expensive coffee machine and a ton of expensive coffee. - He will go out to dinner and drop $500 on dinner. He says we have more than enough so he doesn’t need a budget. We have good incomes, savings, an emergency fund so he doesn’t feel he needs to save that money. [/quote] You two just need a budget. No matter how much you make you need a budget, in my opinion. We bring in almost 400k and still have a budget. Me and hubby are both spendy but he is more then me. Sit down and discuss what you want to save for. For example, we max out 401ks, contribute to 529s, and make sure our rainy day fund is up to date. Then I use ynab to track our monthly spending. Sit down and make sure there is enough for money each month for mortgage, utilities, vacations (the important stuff). Then if you have a ton extra left over, I see no problem with spending a ton on eating out and groceries. You need to do your budget and then compromise on spending the money that’s left over. [/quote]
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