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Relationship Discussion (non-explicit)
Reply to "What's the biggest financial decision your spouse has made during your marriage without notice or consent?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Spouse entered a thirty year mortgage with a friend for a “buy and hold flip” condo. [/quote] Oh dear god, without telling you???[/quote] Told me after he signed the purchase agreement (this is early 2000s and I was on an international business trip). After six months they sold it when they realized they could not rent it out and it was not appreciating like they anticipated. I handle all the finances so it reared its ugly head again during tax time and I had to figure out how to handle the purchase (short term hold). It was a nightmare.[/quote] Did anything like this ever happen again? Do you trust him now?[/quote] OP here - he has not done something like this again but it has strained his relationship with his friend as I simply will not engage with the him or his wife them. Primarily because his friend's wife does not do anything with their finances (or never worked a FT job) and he does not ask her for input on financial matters. I work a FT job and contribute 50% (or more depending on the year) so I think I have an equal say on how we spend our money (we have shared bank accounts). It did trigger me setting up a separate bank account that is just his that gets a small amount from each paycheck that he can spend however he wants without me knowing what it is. It is gambling money, poker money etc. Clothing, groceries, golf, gas, meals etc all come out of our shared accounts. I am more hurt that he would enter such a long term financial relationship with someone and did not consider asking me my opinion. Especially as we were earlier in our marriage and saving for our house and setting ourselves up financially. [/quote]
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