“I am very worried about credit card debt I have never missed a payment and am currently only repaying the minimum each month but I do have a plan to repay these debts over the next 3 years. They have built up with building work we have done on our house. Every time I try to pay some additional some additional expense comes along. I am trying to be optimistic but know the worry won’t leave my head. My partner does not know as he has always left everything to me. I feel awful about this but cannot tell him as I am sure it would finish our 30 year relationship. He had a hard childhood and I think I have always tried to not let him worry. I know I have made the wrong decisions in respect of this situation but just want to know do you feel I will achieve my goal. I know I have learned my lesson. Thank you for listening.” – Trevor
Dear Trevor,
I’m sorry to say what you don’t want to hear, but you need to talk to your partner about this. I know you have a plan to repay the debt. However, I don’t see that plan working out quite the way you think it will. You and your partner will need to work together to find the best solution. I know you’re worried about talking to him, but that tells me there is more going on here than credit card debt. This is not all on your shoulders as you created the debt together, and making excuses to hide the truth from your partner will only make things worse. Communication is key in marriage. No one person should ever be in charge of all the finances. I know many couples do it this way, but I’ve seen it turn out to be a bad idea time and time again. It’s time to move forward. Talk to your partner. Explain to him how you have explained to me. Make a plan and work together to achieve your goal. I know this is a stressful situation, and you should not carry the burden entirely on your shoulders. I see the best outcome when you work together with your partner. Unfortunately, the alternative will very likely lead to more debt.
I hope this answer helps guide you in the right direction. Keep your head up, my friend. This is one of those things that does have a solution, but you’re going to have to deal with facing some truths with your partner before it can be solved.
Angel Blessings,
Sheri
Read more questions and answers from the “Ask Sheri” column!
Ask Sheri your question!
Comment Rules: Don’t bite – be polite. Please do not put your URL in the comment text and be sure to use your personal name or initials and not your business name, as the latter may get caught in my spam filter. Comments that are not appropriate will be deleted. Spammers will be banned. Have fun and thanks for adding your voice!
Related posts:
Recent Comments