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Dh and finances (JAWM)


BakersDozen
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I do the finances. Dh tried it for a week one time and wow, things got bad very quickly. His overall attitude was, "It's a decimal, big deal."

 

We recently decided it would be good to use an on-line account with a bit higher rate than a traditional account. Given what I was going through physically/mentally/emotionally I asked dh to please set the account up. Not difficult to do: sign up, transfer exactly THIS amount of money. That's all.

 

Just got several notices that our account is overdrawn. This is our week for automatic payments for utilities, mortgage, etc. I just placed several hundred dollars' worth of orders for school stuff. Credit cards are being automatically paid this week.

 

So what happened? Dh transferred the money I wrote down. Twice. Emptied our account plus some. Money won't be put back for 24 hours during which time I have no idea how many businesses/sellers will find out there are no funds for their payment. Which means the hours and hours I spent ordering stuff is for nothing.

 

Never, never, never again will I ask dh to do a single thing with money. Never.

 

Oh, and his reaction to this? "What's the big deal?" grrrrrrrrrrrrrrr

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Dh just called the bank and was told they might cover up to 3 overcharges at a cost of $34 each. He's paying that out of his own "fun" money. I am so stinking angry.

 

Gah! They will only cover 3? How many do you think you will have? What happens then? 

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Hmm.  Beat this.  My hubby is a CPA and before we got married, he never balanced his check book!  REALLY!  I took over the fiances when we got married.  I asked him how he ever knew how much he had.  He said he just never spent more than the last check he deposited!  Needless to say, I took over!

:)

 

(Oh, I'm a CPA, too, so that helps!)

 

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"Gah! They will only cover 3? How many do you think you will have? What happens then?"

 

Then the payment request is denied and I get some emails from sellers asking what is going on. Perhaps my order is canceled. I don't know. If credit card payments don't go through this could affect the credit I have worked for over 17 years establishing/maintaining. But hey, this is no big deal, right? > :(

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:grouphug:   I have one of those too.  He has a fun-money account that never has more than about $200 in it.  He has overdrawn it several times.  :confused1:

 

"There was supposed to be $2.78 left in there!"    I have nothing to say.  I love the man dearly, but he can't handle money. Period.  At least your DH offered to pony up some of the cash.

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Tally up all the over draft fees and show him what the big deal is.  

:iagree: .   and then, since he doesn't understand this isn't monopoly money - translate it into language he can understand.  that is ___ tanks of gas.  ___ weeks of groceries.   or better yet, what does he spend personal money on and let him know just how many ____, lattes, lunches out, or pizzas that is.  (that he can now forgo because the money to cover those overdrafts has to come from somewhere.)

 

hopefully, he's teachable.  my mil isn't.   :grouphug:

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It just got even better. Dh told me on the phone money would be posted tomorrow - 24 hours. Just now he said, "Or up to 3 days."

 

I think I'll say what Rosie posted but with a bit more to it. Just a bit, mind you.

 

And yeah, my credit rating means a ton to me. Dh doesn't understand money, never has, probably never will. He takes money and what I do to manage it for granted.

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