To have cleared the credit card off?

[fber]

I was on online banking, dh has several accounts and I keep an eye on the business account and the house account. Last night I noticed that the credit card was looking quite maxed out (2k) and had had some late payments and was incuring about £25+ in interest the occasional £12 handling fee.

I saw that one of the other accounts was over 2k and so I swapped the money and cleared the card. Told DH. He went mental.

He said that that was his money he was saving (we are usually very casual, share everything etc)

He said what I'd done was out of order and he demanded an apology, I refused, saying that what I did was just common sense.

He says that he doesn't have 2k now, he'd been saving it. aibu?

My DH would do exactly the same. The interest rates on savings are so low now that the best use of savings is to clear debts. Anyway, it wasn't 2k of savings if it was outbalanced by 2k of debts was it? At least you are quids in now and can save afresh.

YANBU for clearing cc debt as interest paid is much higher than interest received in bank account. YABU for not discussing it with DH first.

What popmusic said.

Yanbu for wanting to do it.

Yabu for doing without a discussion.

YANBU to do it, it's common sense. Start saving the costs and interest you were incurring, it will soon add up.

YANBU to do it - YABU to tell him AFTER you did it.

Agree with others that it should be done after discussion. YADNU to have wanted it paid off though.

Yanbu & that will leave a late payment mark on his credit file which may also effect you if you need to get credit. Tell him to grow up. Why's he being so weird about it?

The money is still there, it's just in a different account, saving them the interest they were paying on the credit card. It didn't even need a discussion. It's not like she invested it into the retired reindeer fund.

YABU for not discussing it.

He was saving it without the OP's permission or knowledge. Has he explained why or what for?

bollocks to "you should have told him first"

what about the money he was "saving" (whilst idiotically accruing interest and late payment penalties)...he didn't "tell" her about that, did he ?

Depends what account you used to clear it. E.g. was it the business one (e.g. corporation tax, creditors may have to come out of it), was it one he was using to pay his tax bill after self declaration?

What you've done is effectively lost the liquidity of it.

A lot depends on the circumstances. But as others have said, maybe discussing it before you did it would have been wiser.

anyfucker she clearly says she watches the accounts. If she has access and watches the accounts why would he update her on what is in there. She can see for herself.

Where does it say he hid it?

Agree that YABU for not discussing with him first, whilst on the surface it makes financial sense the money could well have been ear marked for something equally sensible.

he didn't "hide" it any more than she "hid" what she did

or they both did

which is my point

which one of them was making the stupid decisions though ?

Gosh don't want to be mean but perhaps you need to keep a better eye on them, thus not putting you in this position again. Seems a logical thing to do though but next time just let him know what you're planning.

it wasn't hidden it was sat in account.

no one is saying she hid it.

There is money in an account that everyone can see. The thing that partners do is discuss decisions. He didn't need to discuss it. She could see it.

Unless you, anyfucker, know the reason he wanted it in cash, you don't know who is making stupid decisions.

We don't know why he was saving, there could be a big bill coming up, car starting to play up, boiler being a bit iffy, or he may suspect one of his clients is struggling financially which could lead to problems down the line.

You could say both equally stupid for not discussing before acting.

Or rather if anyone is making stupid decisions.

yo ...you think that accruing late penalty payments is "not stupid" when the cash is sitting elsewhere ?

get yourself over to Martin Lewis's site, sounds like you need it

Yabu

I would be furious is dh started fucking about with my accounts.

We have seperate money though.

It is pretty stupid to be throwing away money on interest payments unnecessarily.

However, I would mention moving 2k to DH before moving it just to see if there was a reason he had it set up that way.

anyfucker is there a reason you are being rude?

If the cash was to pay his tax bill (not payable by credit card) he is screwed. Regardless of late payment fees. So paying the card off would be stupid.

Its all relative. I don't need moneysaving.com thanks nor any of their suposed superior twonks to k or good money sense.

I don't think we have anywhere near enough ino to decide if you are being unreasonable.
If I was o find tht my dh had a credit card with £2k on it and an account with £2k then I would ask him what it was all about before doing anything.

However, you mention a business but don't say how you are involved in it. You don't give you DHs explanation for the credit card bill or the 2k savings so really I have no idea if YABU.

HTH!