Am I being unreasonable and how can I solve this?

Shakethatmoneymaker

Hi guys

Haven't posted on here for a good while now but just wanted to get peoples advice views on a bit of a problem.

Hubby & I have been married for 18 months and are both in a fair bit of debt between us and are slowly slowly paying things off, inc loans, credits cards and overdrafts.

We also have a home which is in fairly good nick although it needs bits and bobs doing to it and has recently caused us a few probs (like water coming through the windows). We are doing our best to budget and have a joint acc for bills & food but things are still quite tight and I am thinking of getting a second job cleaning at a local school. As we are still fairly young and eventually hope to have kids I would like to pay off as much debt as poss before this and get into the best finacial position we can and have some nice holidays, trips together.

However...(and this is my prob if you are still reading) hubby has a bit of a passion for cars, we currently have a car each but he likes to change his around every 6 months. He buys another second hand car sells his old one but always to put money towards it (sometimes a couple of thousand). He has now suggested getting another car (although the idea was sold to me originally as him & his dad buying a car together, repairing it as his dad is a mechanic and selling it on and making a nice profit). However whilst I have been away on a training course he has decided to buy the car himself as his dad was no longer interested and is thinking of keeping it for a while rather than selling it on.

I know I probably sound like a old witch but I cant help but worry how that money could be much better spent (like paying off a credit card, buying a new bed as ours is broken or putting it towards something). I just feel scared and worried that we will never get out of this mess all the time that we are piddling money away on new cars that we don't need - although I do appreciate that for him its a very exciting way to spend his money. He is not planning to take this money out of a joint bank acc but out of his comany account (not sure how that works?).

Any advice/ ideas of what I can do about this would be really appreciated. I dont wanna be the big bad wolf but since we have been together he has changed his car about several times and not even to something more economical. Help!:eek: Thanks

Francesanne

I'm with you 100% and you sound like a very sensible level headed person. Sounds like the last thing you need is yet more money being spent on yet another car. He really needs to get his priorties right and start to grow up. I know certain guys are car mad but it really doesn't sound like you can afford or need to change cars so often. Sounds like you need to clear your debts and then consider getting your home sorted out and then think about the holidays and other treats. Think you might have your work convincing him otherwise but wish you the best of luck.

fairydiamond

Another car is something you both don't need right now. Try and convince him to stick with the one you've got, and chip away at your debt. I think in your head you know you need to get rid of the debt.

samboss0306

hi
I know how you feel my oh is exactly the same with cars and i dread to think how much he has wasted on them (time and money!!) we are in debt and are struggling to make the payments but as long as he has got a nice car on the drive way he doesnt seem to mind!!:mad:

i was quite happy with my 1.2 fiesta and had just finished paying off the loan for it when he decided he wanted a new clio 182 sport, not very practical with 2 kids but hey!!

i dont think your in the wrong as i know how frustrating it is. i hope you can get your money situation sorted and 1 day they may grow up!!! (fingers crossed!)

xxxx

Francesanne

samboss0306 wrote: »

hi
I know how you feel my oh is exactly the same with cars and i dread to think how much he has wasted on them (time and money!!) we are in debt and are struggling to make the payments but as long as he has got a nice car on the drive way he doesnt seem to mind!!:mad:

i was quite happy with my 1.2 fiesta and had just finished paying off the loan for it when he decided he wanted a new clio 182 sport, not very practical with 2 kids but hey!!

i dont think your in the wrong as i know how frustrating it is. i hope you can get your money situation sorted and 1 day they may grow up!!! (fingers crossed!)

xxxx

Didn't you have a say in that decision? Being debt free is more important to me than image. Sounds like a terrible waste of money. Fine if you're loaded but not when you've got 2 kids and debt.

redstararnie76

Hi,
In the past I have had similar problems with my OH and motorbikes!
I've found we've now more or less gotten past that (I hope), mainly by getting him more involved in trying to sort out our money problems. I told him how stressed and worried I was over them and then went through (in detail!) our outgoings and incoming, as well as our debt and he then started trying harder. I think he then felt he was helping us, rather than me nagging at him....

RAS

You are being very reasonable and the sooner he learns that you want a husband not a boy racer, the better. You really do have to tell him.

Shakethatmoneymaker

Hi everyone

Thanks for your support - at strange at it seems its reassuring to know that its not just me that has to deal with this with their other half.

How this has ended up is that he has bought the car through his company account and wants to run it as a company car. I am still a bit unsure about all of this as I guess it still means that we need to pay tax, insurance and fuel the bloody thing as well!

So at least I guess its not coming out of our budget but I do worry for the future about keeping up some kind of image that we can't afford. Has anyone started a thread on this before? I suspect they prob have but its interesting to see how MS'ers will feel about having to "keep up an image" whilst trying to pay off debt.

Thanks again for your support & comments.

x