I don’t care how many times she asks, my mother in law is not going to randomly stay with us without notice. I do not run my life last-minute. Comply, or die mad.
IT’S NEW COMPUTER DAAAAAY
so I’m sitting in the office, impatiently, waiting for my new 15” retina MacBook Pro and 27” Thunderbolt Display to show up so I can inhale the new computer smell.
So, this isn’t going to be a “bitch about my husband” post, because we’ve both come to jesus that he’s terrible with money. I’ve tried doing the separate accounts thing, joint accounts thing, cash thing, etc. Nothing really works, and he’s terrible at looking at the account (and knowing what bills have cleared, etc.). Overall, he’s terrible with money. I’m not great at it, but I’m trying to put a budget in place so we can get our shit together and stop being in debt. With the kind of money we make, there’s no reason we should be in debt.
I called the bank and found out that they can put a daily spending limit on his debit card. This may or may not help curb his stupid impulse purchases, we’ll see. I also looked into getting a personal loan to wipe out most of our credit card debt, and it’ll only be about $420 a month (36 month loan, no penalty for early payoff). I’ve never done that kind of loan before, and it makes me very nervous, but the interest rate is better than the cards that we’re barely making above the minimum payment on, so it might end up being a better choice.
The whole idea behind this is to stop using credit as if it was cash, which is a mental block I’m working hard to overcome. I’ve taken Chris’s cards away (except for the debit card), and I really want to get us to the point where we don’t think about the credit cards as our emergency fund. It’s a bad place to be. This whole car accident thing has really put things into perspective for me (since it’s now cost us $300 for a rental, $500 for the deductible, and now we have to repay the $400 that his work gave us to pay for the rental).
Should I just keep trying to find extra money to pay this stuff down at astronomical interest rates, or go with the personal loan? Anyone have any advice on this either way?