Other half is in debt - how do I get him to cut his spending?

Time_to_face_the_music

SSS123 wrote: »

My husband of 37 years has a real problem with debt- he hides it from me and will not admit it is a problem. It is a problem for me!!! We have separate accounts and he will not tell me how bad things are- but today I found credit card/loans & bank statements adding up to over £20k of debts- interest payments alone come to over £100 a month! I had a well paid job but was made redundant 3 months ago- at nearly 60 i don't think I'll get another job. Up to now I've paid most of the bills. I worry that we'll lose our home as soon we'll not have enough to pay the mortgage & bills. He does have a part time job & pension & I have a bit of money, but I can see problems if he does not cut his spending - but he does not think it is necessary. I've tried to discuss this with him- but he just gets really angry - he does not think there is a problem. I just don't know what to do - any ideas?

Hi SSS123 and welcome :hello:

You have had some great advice already but I just wanted to say that I am 58 and have been made redundant twice in the last 12 months. Each time I got a better job than before so please don't give up hope.

TTFTM x