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Do you know the size of your DH's credit card bill?

(33 Posts)
itsnowtimeforanamechange Wed 09-Nov-16 13:30:21

And if you do, does it bother you?

My DH does work as a freelancer/self employed, but never seems to fully pay off a credit card bills. The present one stands at around £3.5k

It's in his name and on a zero interest card. But yes, it bothers me. Although I wish it didn't as there aint a lot I can do about it.

All other bills are paid for, and we have no other debts apart from small mortgage.

I have a credit card and a different approach to money that is paid off every month and which I get cashback on.

perditalost Wed 09-Nov-16 20:18:55

Yes as I pay them all online. I pay them off every month (well every week really) but the amount varies a lot.

As a freelancer I pay off my card whenever I pay my expenses. So if I pay myself £600 of expenses then I pay it off the card then- even if the bill hasn't come. It is never my money to spend. I pay the balance off each month though.

microsnake Wed 09-Nov-16 20:20:40

Message withdrawn at poster's request.

BackforGood Wed 09-Nov-16 20:23:06

My dh same as me has a direct debit that pays of the card each month, so, anytime I look at our bank statement, I could see how much it was for the last month, but it reverts to zero every month anyway.

elQuintoConyo Wed 09-Nov-16 20:27:09

He doesn't have one and neither do I.

AnyFucker Wed 09-Nov-16 20:28:21

Yes.

Ginmakesitallok Wed 09-Nov-16 20:29:40

We have joint ccs. He probably doesn't have a clue how much is on them (paid one off completely this month, £500 on other one - doesn't bother me at all)

BestIsWest Wed 09-Nov-16 20:32:36

Yes

BestIsWest Wed 09-Nov-16 20:34:00

No it doesn't bother me, it's a second card on my account which we pay off in full from our joint account every month.

Trills Wed 09-Nov-16 20:34:23

Do you mean bill or debt?

If my DH/DP had debt I would know about it, because that'd be factored into our joint planning.

If they had a credit card that they always paid off, I would not care how much they spent on it (and expect them to not care how much I spent on mine).

Arfarfanarf Wed 09-Nov-16 20:34:34

yup.

he doesn't. hmm but I do.

I manage the household finances. I have a spreadsheet and everything. [anal]

He hasn't really got a clue what's going on, even though I keep emailing him a copy.

Iggity Wed 09-Nov-16 20:36:30

I've no idea but I don't think it's used much and would be paid off at end of month. I think 3.5k is a significant amount. What's his reason for not paying it off?

ChocChocPorridge Wed 09-Nov-16 20:37:42

Like Arfarf - I take care of all of that and issue DP with a card (we actually had to get him a credit card and bank account of his own a couple of years ago so he could start accumulating a credit record as we went for a mortgage and realised that nothing was only in his name!)

DP has full access to anything that he wants to see, he just can't be bothered (as long as it works when he puts the card in the machine he doesn't care), and we don't have credit card debt (just use it for convenience) because we pay it each month.

GlowWine Wed 09-Nov-16 20:39:12

Yes. We only have a joint one and I tend to do the spending and paying off in full every month.

Thattimeofyearagain Wed 09-Nov-16 20:40:23

Yes, we both tell each other about personal finances and have joint current and savings accounts as well as personal current accounts. Dh has a credit card, I don't. I find it mind boggling that people who share a house & life keep financial information from each other.

HellsBellsnBucketsofBlood Wed 09-Nov-16 20:48:36

Nope. But I don't ask and know he doesn't spend much on it and always pays it off every month. He knows I do likewise.

chatnanny Wed 09-Nov-16 21:01:54

We have separate cards from same credit card so are both aware of the balance which we almost always clear in full every month. When we were younger we did get in a mess from time to time with credit cards and found getting a bank loan or agreed overdraft to cover them was more economic. Now we are all grown up and sensible!

itsnowtimeforanamechange Wed 09-Nov-16 21:53:42

You're all so sensible etc

iggity the reason he doesn't pay it off in full, is because quite often payment for work he's done is late coming through, by which time he's had to use the credit card for further expenses as he travels a lot.

I wouldn't care how much it is if he paid it off in full every month.

microsnake - thanks - that is what I wanted to hear! As yes it is a debt, and yes it has been higher at other times ie up to £7k at one point. Every time it gets near to zero, something else seems to happen. ie car problem.

He has his own bank account as self employed, and contributes to joint account (variable amounts) but is never 'tight' with money, if anything, he's over generous. I have to admit I would feel less anxious about it if I had full control over all of his incomings/outgoings as I'm not sure that he spends within his means.

Mindtrope Wed 09-Nov-16 22:12:30

I open all my OHs mail, so know exactly how much he owes or doesn't on credit cards. We have 3 credit cards between us and the whole amount is paid in full every month if they have been used.

perditalost Wed 09-Nov-16 22:15:25

He needs 2 cards. 1 just for business and 1 for personal Sounds like he is using the business as an excuse when the debt is in fact personal (like the car)

Mindtrope Wed 09-Nov-16 22:22:23

OP are you sure he is on 0% interest? Usually that only applies to balance transfers, any new purchases on the card will be charged interest at at high rate, and any payment will be used by the company to preferentially pay off the 0% part, while new purchases incur debt.

SillySongsWithLarry Thu 10-Nov-16 05:54:39

Neither of us have a credit card or any debt. That would be a huge deal breaker my eyes having been in debt in the past and come out the other side. I don't see not being in debt as lucky, just living within your means.

Rosa Thu 10-Nov-16 06:13:54

Srecently yes as he has a higher credit limit than me and I have been paying for our holiday. I can have access to all his online banking , if I need it and as we have a joint business often I have to go to his accounts to check payments etc so I would say we are pretty trasnparent...

Mindtrope Thu 10-Nov-16 06:24:56

sillysongs, I too have suffered debt in the past and come out the other side.

Now totally changed ways. However credit cards can help restore a poor credit rating. I now have a score of 100%, and that is thanks to my sensible use of credit cards over the past few years.
And credit cards can be a useful and safer way to pay, especially for online purchases, or booking holidays.

greenfolder Thu 10-Nov-16 06:29:17

If you only have a small mortgage and no other debt let him live his life as he chooses.

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