Inherited some money - what to do with it

Fizzpop

Asianchick wrote: »

Ok. I'll say I'm saving it for now as house prices are falling.

I really hope this doesnt cause any trouble.

I dont understand why it would cause trouble???

When i chose to put my inheritance in a savings account my oh didn't question my actions he did raise his eyebrows but he didn't question me

Asianchick

If my husband lost his job, I would definitely support him. I have in the past.

The situation here is my husband has let me down very badly in the past. I have taken out large loans in my name to clear his debt and he squanders his money on stupidity.

Until I know that he has changed, I can not share this money with him in a way that I would if our marriage was great. I just can't.

He knows that this is his last chance.

Asianchick

Thanks celebrate.

Fizzpop - it could cause trouble as he may question why the money is not in our joint bank account or why I don't use the money to buy a family car, holidays or other stuff he thinks we need.

celebrate

Asianchick wrote: »

Thanks celebrate.

Fizzpop - it could cause trouble as he may question why the money is not in our joint bank account or why I don't use the money to buy a family car, holidays or other stuff he thinks we need.

no you need to remove small amounts at a time say 100per week, put it somewhere safe, he will get suspiciou if you draw out large amounts

so after 1 yr you will have £5000 stashed somewhere

could double that if you felt brave

if he asks where is it just say i spent it- LIKE YOU!

you don't have to show him what but for example say......having your hair and nails and waxing etc done isn't cheap these days

Sambucus_Nigra

Asianchick wrote: »

Thanks celebrate.

Fizzpop - it could cause trouble as he may question why the money is not in our joint bank account or why I don't use the money to buy a family car, holidays or other stuff he thinks we need.

So, let him question.

Or do you mean that the questioning will lead to something else?

Sambucus_Nigra

Asianchick wrote: »

Until I know that he has changed, I can not share this money with him in a way that I would if our marriage was great. I just can't.

He knows that this is his last chance.

Is your money more important than your future?

You are happy to share that with him, just not your money.

Asianchick

Sambucus_Nigra wrote: »

So, let him question.

Or do you mean that the questioning will lead to something else?

Yeah, I suppose.

He can ask all he likes.

Asianchick

Sambucus_Nigra wrote: »

Is your money more important than your future?

You are happy to share that with him, just not your money.

It's not like that.

Right now, our future is looking very bleak unless he changes. If he doesnt, there will be no future for u.

Any

Sambucus_Nigra wrote: »

Is your money more important than your future?

You are happy to share that with him, just not your money.

Well,it seems that for him spending money on rubbish is more important then the future&marriage so why should she carry the responsibility for future alone?
Otherwise why did he let it get into "last chances.."

Fizzpop

Asianchick wrote: »

Thanks celebrate.

Fizzpop - it could cause trouble as he may question why the money is not in our joint bank account or why I don't use the money to buy a family car, holidays or other stuff he thinks we need.

Then he would be told in no uncertain terms that you have a car that is perfectly adequate for now, if he wants a holiday then he is more than welcome to help you save for one and ask him to come to the bank with you to set up a holiday/car savings account.

You need to sit him down and say you are saving for the future, if kids did come along or god forbid one of you lost their job and you had to rely on the one wage for a while, he doesn't need to know why you are saving it otherwise and these excuses i have put down are not directly lying.

And maybe like celebrate says consider stashing the money away, though i personally wouldn't ask someone to hide it for me, as i learned the hard way doing this.