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Life Crisis

September 15th, 2006 at 06:27 am

I've been married almost 11 years, second marriage. One thing that has always bothered me is that my husband controls all the purse strings. Frankly, I have absolutely no clue where he banks, just an idea. I don't know what he has for available funds...everything is a well guarded secret for the hubby. Checking, savings, investments, land he owns. ( he is a building contractor, and also builds spec houses on land he buys up) This is a rather unusual relationship and often frustrating for me because if anything ever happened to him I would be in the dark. I decided to create my own security. I can't change his ways...I guess somewhat mistrusting after his first marriage ended! I need to take care of myself! And I am quite capable or at least have convinced myself I am.

My first goal was to go back to work. I went back to substituting for the school system. $70.00 a day...7-2. I see $63.63 for every day I work in my paychecks. Now, the hubby wants me to share bills (but not housework and cooking!) Seems difficult but I'm going to pay according to my income. He definitely makes more so It must be fair. I want to put so much in savings each pay period. My own personal expenses can be played with as I'm pretty frugal!

Another goal is to sell my crafts for the extra income. It's all going to be a challenge but I am ready!

10 Responses to “Life Crisis”

  1. LuxLiving Says:
    1158322321

    Welcome Pattie!

    Wow - you do have an interesting home setup. Even the bank statements don't come to the house?

    Congratulations on deciding to take care of yourself and your financial priorities.

    Could you ask him for at least a one year reprieve on sharing the bills until you at least get your feet under you?



  2. Thrifty Ray Says:
    1158330254

    Welcome!

    I agree with Lux about asking for a repreive while you get your savings built a little.

    Im not sure I would have your trust and patience regarding the family finances-- But kudo's to you for making it work for your family and for figuring out a solution that works for you!!

  3. baselle Says:
    1158345081

    Wow. Somewhat mistrusting? I'd be gone, but that's just me. No clue at all where he banks, huh? Hopefully, if you're not a Mob wife Smile, here's something you can try.

    If you find (or get) one of his cancelled checks, try this... look for the first set of numbers on it. This should be the routing number. Routing number in hand, go to www.bankrate.com, and look up your local banks. All banks have a specific, unique routing number so that banks can communicate efficiently with one another. The routing number won't tell you the exact branch, but it will tell you Bank of America versus WaMu versus ING.

    The second set of numbers will tell you his account number, and right next to that is his check number. With those numbers, you know his checking account.

  4. Broken Arrow Says:
    1158347982

    Somewhat is an understatement.

    My knee jerk reaction is that your husband is very protective over his money.

    That's well and good and all, but as you have stated, what about you? What will happen to you if anything should happen to him, and you are not able to access those funds?

    I'm all for protecting one's finances. Believe me! However, I wouldn't so far as to make is such that it can end up hurting a significant other. From my perspective, the whole idea of money is to protect everyone you care about, not just yourself.

    How ever you feel about your relationship, I don't blame you at all for feeling the need to save some money of your own.

  5. Ima saver Says:
    1158350195

    I am with baselle, i would be gone too. You need to sit down and have a talk with him, a marriage is a partnership.

  6. frugalelf Says:
    1158353138

    Gosh, I didn't expect to hear anything from my blog. Thank you all! There is nothing like reading unbiased remarks. I think the hubby will never change, he gets worse year to year. (Things you never knew about your hubby before you married him) Thing is, I'm from a family of ten children and Mom and Dad made every decision together! It's been a very hard adjustment for me and after ten years I decided my next move is to sink or swim. I'll swim first. I won't move on to "life changes" until I try to be fully independent first.

  7. flash Says:
    1158367386

    Okay, biting my tongue HARD Smile marriage is a partnership. Now, if he wants to maintain his privacy in finances, that's between you too, but equal opportunity, I'd maintain my own equally private financial info.

    I don't think there is anything wrong with having individual private financial arrangements, many married couples do, but I'd be asking WHY it was so important to him. There might be a logical emotional weird reason, or it may be a giant red flag.

    Now you see, if you put your personal life out here on a blog, we are all going to share your life with you Smile

    Good to see you here! Welcome, and PLEASE blog away! And let us know how we can help, even if it means backing off. We're friendly, but opinionated!

  8. Kris10leigh Says:
    1158426469

    I have to say "Thank you" to you. Thanks to this post, I made sure DH knows how to access our newest savings account. He knew I opened one, but I never got around to telling him where it was and how to access it. I certainly think he should know things like this.

    I couldn't agree more with the above posters. This seems like an unhealthy relationship at the moment. Keep us posted and good luck with your endeavors.

  9. LuckyRobin Says:
    1158625127

    Personally, if he wanted me to share the bills I'd tell him he has to share the rest of the financial information first. If you've been married eleven years he ought to have learned he can trust you by now. At the very least he must make a list of everything financial and keep it with someone who can give it to you immediately on his death, whether a lawyer or a "trusted" (if he trusts anyone) friend. I'd insist on that.

    I couldn't live in a relationship where my spouse did not trust me with financial information, or if he did not trust me period. It would throw my security base out the window and security is my number one issue. I hope for your sake that there are good things in the relationship that compensate for the tight-fisted money ways.

  10. frugalelf Says:
    1158642695

    Security is a big issue with me! Reading all of the comments that have come in makes me realize more and more that it is ridiculous that I simply accept the ways of my spouse without question! All of my frugal ways to save money on food, clothing, household expenses have only served to give the hubby more of his own money. It hasn't had any effect on my own personal savings, because he pays the major expenses. I've used my own monies, meek though they may be, to buy things for the house that we need. Towels, cleaning supplies, a new tablecloth, special things that make home nicer.... scented candles, holiday decorations, gifts for everyone's birthdays, christmas. These are not counted as pulling your weight. Neither does the huge vegetable garden, all the canning, the herb gardens and flower beds....things that take enormous amounts of time when you consider there is housework and cooking, errands and the fact that I do office work for the hubby at the drop of a dime. What he REALLY WANTS is a full time job from me plus benefits, cold hard cash that he can deduct a certain amount of bills from. He needs me to be totally self-sufficient and self-contained. After years of struggling after my divorce, working like a dog just to pay basic expenses, and make sure my one child had everything she needed, my only other concern was spending all my free time with her. It was very important to really be Mom and Dad as her father moved 1,500 miles away. Who wouldn't be happy to be more of a homemakerwhen I remarried. Now, my concerns are finding a career. My only real talent is my creative side. I make beautiful vintage dolls from paper mache, wool penny rugs, and other hard to find traditional crafts. I can sew anything! I also have two years of college in merchandising. My hubby considers these a waste of time stating...."you can't make any kind of a living from creative ventures" and simply ignores conversations that include some of my ideas. I will still keep substituting at the schools as it allows me time after school to keep house, cook, and all the many tasks he expects. It doesn't leave any energy for my own personal goals.

    I will try to sit down with him and discuss the importance of knowing all about "his" finances. He knows all of mine! Heck, he opens all my mail and bank statements. I do not do this a he would throw a fit and that makes him tighten security more. He keeps all of his paperwork in a big file and briefcase in his locked truck. Even his wallet is locked in it at night! Silly, just plain silly! My parents were not at all like this so it is hard for me to understand. I think his father was very much like he is, that's where it comes from. They are divorced of course, and have been since he graduated from high school. I think his mom just could not cope with his father's domineering ways. I think this is why I now feel the need to recreate my life. Just tell me if I'm being overly cautious!

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