
Un petit pamplemousse
@SassyKiwi
10 Years5,000+ Posts
Comments: 1465 · Posts: 6967 · Topics: 126


Posted by nicole1988Posted by sagaciouscorpPosted by nicole1988Posted by UndinePosted by nicole1988Posted by Undine
How could he lose 100K in 3-5 years, but be debt free and also maintain a joint account while you were seemingly happy with his contribution? He must be earning a lot, then.
If you want to save for the future, you need two joint accounts, not one. One for paying bills and meals. Another one for savings, and the best way to get a return from it in years to come, is by buying stock in good and very good companies. Google apple/alphabet/amazon share price. They are now in free downfall due to coronavirus, from a huge peak a few months ago, so you may want to wait a few weeks/months to stabilize before buying. You need to learn by reading about the stock market, and fast!
What he was doing was not investing, but gambling. This is an addiction, and you need to be able to keep track of it, since he may get into debt in the future.
Previous "lying" is the least of your worries now. All gambles are in denial. Please do not use your energy screaming about it. Of course he "earned less", if you consider the loss he was making!!!! You should have behaved like an adult and taken your part of responsibility for filling in tax forms every f-king year, as a minimum.
Now you've lost your innocence...it's not too late to learn and take a firm stance, if you want to save your marriage and your finances.
He pays for our home mortgage, pays the bills, I pay for other household stuff. Then we put money in the joint account. I don’t earn as much as him. I believe he lies he earns less so that he doesn’t have to contribute more (maybe because he thinks it’s unfair as I am not earning as much as he does) and also so that he can satisfy his trading addiction.
His Earnings=salary+stock trading balance. If his stock balance is negative, he DOES earn less. You should ask him "how much is your salary?" instead. If what he says does not much the payslip, then you could claim he lied!
By the way, he is not obliged to contribute more than you to a common savings account. If he is paying the mortgage on his own and the bills, is the house on his name or both of you? Otherwise it looks like he is contributing A LOT more than you. You are far too entitled!
I have NEVER even asked him to contribute more to the joint account. This is his own guilt. I only ask him to save more for the long term and especially when we are wanting to start a family. He can keep those savings in his individual account. I have no issues with that, but don’t blow it away like this on trading and then lie and hide it. In fact it’s always him advising me about my finances but he doesn’t like me advising him coz he feels he doesn’t need any advise.
You defined his investments as blowing off money
Are you guys equal in social economic
Maybe he came from rich family n this is what they do. While u are more conservative
The irony is - I am the one who belongs to a very affluent family. Even though my father is rich I always saw him saving for the long term and investing wisely. He is a hardcore family man and wanted to save for the kids, for retirement, for his wife. He always said “only a fool parts with his money”
My husband comes from an extremely humble background, hence it surprises me he can make sure much in losses and be ok about it because even I can’t do that even though I come from a rich family.click to expand

Posted by nicole1988Posted by sagaciouscorpPosted by nicole1988Posted by UndinePosted by nicole1988Posted by Undine
How could he lose 100K in 3-5 years, but be debt free and also maintain a joint account while you were seemingly happy with his contribution? He must be earning a lot, then.
If you want to save for the future, you need two joint accounts, not one. One for paying bills and meals. Another one for savings, and the best way to get a return from it in years to come, is by buying stock in good and very good companies. Google apple/alphabet/amazon share price. They are now in free downfall due to coronavirus, from a huge peak a few months ago, so you may want to wait a few weeks/months to stabilize before buying. You need to learn by reading about the stock market, and fast!
What he was doing was not investing, but gambling. This is an addiction, and you need to be able to keep track of it, since he may get into debt in the future.
Previous "lying" is the least of your worries now. All gambles are in denial. Please do not use your energy screaming about it. Of course he "earned less", if you consider the loss he was making!!!! You should have behaved like an adult and taken your part of responsibility for filling in tax forms every f-king year, as a minimum.
Now you've lost your innocence...it's not too late to learn and take a firm stance, if you want to save your marriage and your finances.
He pays for our home mortgage, pays the bills, I pay for other household stuff. Then we put money in the joint account. I don’t earn as much as him. I believe he lies he earns less so that he doesn’t have to contribute more (maybe because he thinks it’s unfair as I am not earning as much as he does) and also so that he can satisfy his trading addiction.
His Earnings=salary+stock trading balance. If his stock balance is negative, he DOES earn less. You should ask him "how much is your salary?" instead. If what he says does not much the payslip, then you could claim he lied!
By the way, he is not obliged to contribute more than you to a common savings account. If he is paying the mortgage on his own and the bills, is the house on his name or both of you? Otherwise it looks like he is contributing A LOT more than you. You are far too entitled!
I have NEVER even asked him to contribute more to the joint account. This is his own guilt. I only ask him to save more for the long term and especially when we are wanting to start a family. He can keep those savings in his individual account. I have no issues with that, but don’t blow it away like this on trading and then lie and hide it. In fact it’s always him advising me about my finances but he doesn’t like me advising him coz he feels he doesn’t need any advise.
You defined his investments as blowing off money
Are you guys equal in social economic
Maybe he came from rich family n this is what they do. While u are more conservative
The irony is - I am the one who belongs to a very affluent family. Even though my father is rich I always saw him saving for the long term and investing wisely. He is a hardcore family man and wanted to save for the kids, for retirement, for his wife. He always said “only a fool parts with his money”
My husband comes from an extremely humble background, hence it surprises me he can make sure much in losses and be ok about it because even I can’t do that even though I come from a rich family.click to expand
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I agree with these two ladies. Sometimes it’s best to not be too nosy in the other’s finances as long as all other financial priories and responsibilities have been met. Every relationship has different dynamics, not everyone is lucky to have total financial transparency with each other. Yes that’s ideal but so is never ending up with a cheater. We can’t all have it all.
I also agree with you not involving your parents. It could make him have more resentment towards you. Give him space and time to come back to you and see what he says and guide things in a way to encourage him to talk to you about how he thinks you two should move forward from all this reasonably.