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Relationships

Mumsnet has not checked the qualifications of anyone posting here. If you need help urgently or expert advice, please see our domestic violence webguide and/or relationships webguide. Many Mumsnetters experiencing domestic abuse have found this thread helpful: Listen up, everybody

DH upset about MY overdraft

282 replies

Shefliesonherownwings · 12/10/2019 09:00

DH and I have been together 6 years, married 3 and a half. Before DH and I met, I got into a fair amount of debt, with credit cards and a personal loan, totalling about 15k. I basically lived beyond my means in my 20s. I met DH at 29 and never really mentioned the extent of the debt even after we moved in together and got married. After we got married we focused on buying a house, saving the deposit and getting ourselves in the best financial position. I only ever paid off the minimum on the cards and felt pretty guilty I had all this debt and hadn't said anything to DH. In the end, I 'confessed' to him one drunken night. He was really good about it, didn't make me feel bad and together we came up with a plan to pay off my credit cards. Basically the money I had been putting towards the deposit every month instead went towards the credit cards. I know he was hurt I hadn't told him about it at the time which I totally understand. He also became a bit resentful that he was the only one contributing towards the house deposit, which again I understand.

A few months later we decided to move in with relatives to help with saving money for the house. At the same time, I took a new job that meant taking a pretty large paycut. DH and I both agreed i'd take it though because it meant getting back into the field I had qualified in, which I was desperate to do and it was good career progression in the long term. I continued to pay off the cards. I did however, end up increasing my overdraft slowly and living in it which DH wasn't aware of. I stayed in the job for a year and then found a new job at the beginning of last year that was much better paid. DH and I also consolidated both our debts (he also had some credit card debt, albeit much less than mine) into a loan making the repayments less. Once I had more disposable income I got out of my overdraft but I kept the limit at the larger amount.

Since we completed on the house a year ago, we've had a lot of work done to it, full rewire, plastering, new bathroom etc... and DH has contributed a lot more to this than me. He earns more than me and gets commission bonuses which goes towards the house. He has been adamant that we do not get any credit cards or loans so we have put a few things on finance jointly. If I have ever mentioned getting a credit card jointly or for myself, he immediately says no. He is very touchy about CCs and debt.

The issue currently is that since we bought the house, again, I have struggled to live within my means. I really don't know why, as on paper I have enough income to pay half the mortgage and bills, my personal outgoings and have some disposable left over. I am a spender though and I think I got used to have little outgoings and despite now paying a mortgage and bills I've spent in the same way. Slowly but surely again I have moved back into my overdraft, pretty much now living completely in it every month. I hate it, feel terrible I have got myself into this and have been trying to pay it off where I can but it's much harder now I have less disposable income.

The other added complication is I am pregnant, due to go on maternity leave next month. I will get 6 months full pay but then drop down to SMP for three months and DH and I need to be saving for the drop in pay. I plan to go back to work after SMP runs out.

I know we will have extra expenditure with the baby but I am planning to set aside the money I was spending on travelling into work (from outside London, into London) towards our savings and also towards getting out of my overdraft. DH wasn't aware of me being in my overdraft. Aside from the mortgage and finance agreements we don't have any other debt. I should mention that on occasion DH has mentioned that he is the main one contributing to savings and ow he put all the money into the deposit. I always say I am very grateful and i'm sorry about the debt but also that he earns a fair bit more than me so can afford to put more in now.

Last night DH and I were in the pub and I was checking my bank balance on my phone. DH saw and asked me if that was my bank balance and I said yes. He asked if that was my overdraft and again i said yes. He was shocked. He didn't say anything more and acted normally but on the drive home he didn't speak to me. He also went straight to bed when we got in and again didn't speak to me which is not normal for us. I know he is upset with me about this and will probably be in a mood today.

I know it's nowhere near ideal to have a large overdraft and live in it and I am terribly annoyed with myself for getting into this situation again. However, I feel annoyed that DH is in a mood with me about it and no doubt will lecture me at some point today and probably treat this as a betrayal. But it is MY overdraft, I don't ask him what his bank balance is or how much of his overdraft he is in, which I know he is, albeit less than me. Also, last time with my debt we were in a different situation with trying to get our debts down and improving our credit for the mortgage. That's not the case now and in my view there's a big difference between 15k credit card debt to 2k overdraft debt. I know I will be walking on eggshells today waiting for the lecture from DH and I already feel bad enough without the guilt from him about how much he contributes.

Should I have told him about being so much in my overdraft? I knew he wouldn't be happy because of how touchy he is about debt but I feel like it is my overdraft which I am working towards getting out of so he doesn't need to be in a mood with me about it and making me feel worse than I already do.

OP posts:
Happyspud · 12/10/2019 09:03

I think he’s been pretty fair about this and I’d be very bloody upset too. You’re having a baby together and have been hiding £2k debt!!!! That’s serious! And an overdraft IS a debt.

Winterfellismyhome · 12/10/2019 09:05

Sorry but i think hes right to be annoyed. You hiding your debt is out of order especially with a baby on the way. 2k is a fair chunk of debt too

littleduckeggblue · 12/10/2019 09:05

YABU
He helped you get out of debt the first time and you've gone and done it again.
Maybe seek financial guidance if you can't see where you are going wrong. Once paid off, which I presume he will have to help you do, maybe try a Monzo account and then you can see where your money is going

BillHadersNewWife · 12/10/2019 09:06

I think it's the habit OP...you've not broken it and that's what's worrying him.

I agree with him on avoiding credit cards....I think he's dealt well with what was a HUGE omission from you...I'd be livid if I was with a man who did not tell me he was in debt.

Peony99 · 12/10/2019 09:06

I would be desperately upset and angry if my DH did to me what you have done to your DH.

You lied about money once in the past (don't kid yourself that you just 'didn't mention it' - you cannot have talked honestly about finances to him), and now you've done it again.

He has every right to be furious.

EmrysAtticus · 12/10/2019 09:07

Concealing debt from your spouse is a massive betrayal. DH confessed to a significant debt in March and it hurt me so much and is affecting our plans for the immediate future which I find hard. He is fully aware that if he gets into any sort of debt ever again he will be out.

I now insist on having access to all accounts etc and I am surprised that your DH didn't insist on that after finding out the first time. Trust is incredibly hard to rebuild.

Duchessgummybuns · 12/10/2019 09:07

Yes you should have told him. You can’t say you don’t know how it happened, then say that you overspend in the next breath. Take responsibility for yourself. I’d be furious if I was your DH. You have deceived him.

MeanMrMustardSeed · 12/10/2019 09:08

When you say pay your half of bills and mortgage, do you mean 50%, or do you pay a proportion of it in line with your salary? Id he earns more than you, he should be paying in more eg 60/40, or whatever.
How did you both plan to finance your maternity leave when you planned to get pregnant? Why didn’t the £2k overdraft come up then?

EmrysAtticus · 12/10/2019 09:08

I also insisted that DH attend a course aimed at helping people overcome spending problems, I think you need to be attending one too.

Whitney168 · 12/10/2019 09:09

It's interesting the way you put 'MY overdraft' with the capitalisation. He seems to have been extremely fair in pooling resources to enable you to reduce your debt, so it seems entirely fair to think that it is his business?

EmrysAtticus · 12/10/2019 09:10

Also it isn't 'being touchy' about debt. He has already had to work hard to help you out of debt once. With a child on the way he no doubt wants to be in a solid financial position. That is sensible not 'touchy'. I will forever be 'touchy' about debt going forward and I am not apologising for it.

Cloudyapples · 12/10/2019 09:10

So you’re married and having a baby but don’t have a shared bank account?

Readytogogogo · 12/10/2019 09:11

You're married so the debt affects him too. Frankly if I was him I would have divorced you for not being open about your debt in the first place. He's been extremely reasonable. There is absolutely no excuse for you to be living beyond your means now, especially with a baby on the way.

Sorry if that sounds harsh, but it sounds as though you need a serious reality check.

ToLiveInPeace · 12/10/2019 09:12

I can appreciate that you feel awful being in debt but it's a habit you can't seem to escape. There's plenty of advice online about paying down debt and managing money - is it time you learnt new habits?

I can completely understand why your husband is upset - he's been subsidising your lifestyle and helped you clear your debt but you're still overspending. You're right that it's your money/your overdraft but that means his money is his, not yours.

FunOnTheBeach20 · 12/10/2019 09:13

I agree with PP. Hes right to be upset. He has clearly been working very hard to balance the books whilst you are being frivolous and living outside your means.

At 6 months pregnant you need to sort this.

I was crap with money and my DH much better, but when I got pregnant I spent those 9 months clearing my debt, I paid off £8k so I could go into mat leave debt free. The money was always there I just needed to adjust my spending!

yawnhedehihi · 12/10/2019 09:13

Your partner has every right to be pissed off at you after all the help he has given you with your other debt. You sound like you have no concept of money.

Would you feel comfortable letting him control your finances for a while whilst you say have an allowance to live on and once that's spent you get no more.

The lying and secrecy part is probably the worse thing about it.

AuntieMarys · 12/10/2019 09:13

I would be furious if my partner was not upfront about money.
"I AM A SPENDER"
You need to start behaving like an adult.

daisypond · 12/10/2019 09:14

You are very much in the wrong here. I’m surprised you can’t see it. It’s a red flag to me. I would be very concerned and angry if I was your DP.

Namechangeforthiscancershit · 12/10/2019 09:14

Oh wow. There are so many worrying things in your post, and it's only going to get worse when you've got a baby to spend money on.

It's not really ok to be a "spender" when you don't have it to spend.

Your DP has spent time, money and energy bailing you out of a big debt. Yes this one is smaller but hiding it from him was not reasonable at all and clearly the habits are still very much there.

BeanBag7 · 12/10/2019 09:14

do you pay a proportion of it in line with your salary? Id he earns more than you, he should be paying in more eg 60/40, or whatever.
This probably would be the fairer way to do things, especially when on maternity leave, but I can see why the DH expects her to pay actually half - she would be entitled to half the house in a divorce situation; she paid less than half the deposit etc. If OP was unable to pay her half of the mortgage the way to deal with that is to talk to her spouse about changing the way it's done, rather than running up a secret debt.

FunOnTheBeach20 · 12/10/2019 09:14

So you’re married and having a baby but don’t have a shared bank account?

Turn this on it’s head. Would you advise OP to get a shared account with someone who’s prone to spending way beyond their means?

Juells · 12/10/2019 09:14

I am a spender though

That's alright then Hmm

DameFanny · 12/10/2019 09:14

You're married now, you're bringing a baby into the marriage which increases the financial burden, and you're telling him your overdraft isn't his concern? When he's already bailed you out at least twice?

Your debts are his debts now, you need to find a way to live within your means.

That you slipped into overdraft while thinking you should have enough suggests that you haven't examined your expenses properly. I'd recommend downloading the budgeting spreadsheet from Martin Lewis's website which prompts you to remember even the random things like other people's children's birthdays - which all adds up and it's about to become a greater part of your life.

You may also need to be thinking about going back to work after 6 months rather than 9. Have you found a childminder or nursery yet? The good ones go fast, so you'll need to be on it.

MrsMozartMkII · 12/10/2019 09:14

I'd be furious with you.

He's the one supporting everything whilst you keep spending as you did and aren't contributing to the family pot.

You're still in denial.

Wildorchidz · 12/10/2019 09:15

Do not turn this around to blame him in any way, shape or form. It’s your doing.

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