Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

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

Can someone tell me how I should feel over DH's bombshell? Money

591 replies

ASeagullNamedDog · 26/05/2023 22:41

It turns out H has been raiding our savings for the last 18m-ish on the secret

He has spent £45k behind my back on fuck all - 37k of that in actual saved money, and wasting at least £800 per month out of his wages somewhere else

Nothing to show for it, says he doesn't know where it's gone

I've only found out as I asked him to transfer £15k for a big purchase

This money was earmarked for our children's future

This is divorce material, isn't it?

No secret children or other women, apparently not a gambling habit

I'm very calm but I'm not sure if I'm calm because I'm gonna crack up in an hour or two and bury him

OP posts:
Thread gallery
6
InanimateObjects · 27/05/2023 16:58

GiveupHQ · 27/05/2023 15:53

but the op in post 2 says she hasn’t gone to bed because she’s thinking about husbands murdering families in the night

and that’s just been glossed over

this doesn’t strike you as a slightly fucking concerning worry to have about someone who you have known and loved for years who you’ve uncovered a financial issue rather than anything remotely indicating murder plus tendencies

When you suddenly find out you are living with a stranger who has done things you would never have dreamed they are capable of it is understandable to be scared, in shock, and worried what else they might do. Especially when it is the middle of the night and people get volatile when lies are uncovered and they feel cornered.

If you have nothing constructive to say then why post?

MrsDanversGlidesAgain · 27/05/2023 17:04

When you suddenly find out you are living with a stranger who has done things you would never have dreamed they are capable of it is understandable to be scared, in shock, and worried what else they might do

Yup. I changed the locks after Exh waltzed in one evening with OW in tow and announced he was leaving me for her now. I didn't want to come back from work and find out he'd moved her in and chucked all my stuff out. When I told him he said 'But you can trust me not to do that.' The irony of saying that after what he had done eluded him.

(Yes, I know it was his house as well and I wasn't entitled to change the locks. But I did and they stayed changed. He never said a word about it).

raincamepouringdown · 27/05/2023 17:07

endofthelinefinally · 27/05/2023 12:49

A friend's ex had transferred all their savings into pensions for himself, shares in his own name, offshore accounts and property overseas for his OW to live in. He was very controlling and she was naiive. She didn't do very well out of the divorce settlment, sadly.

Chilling and grossly unfair that it's so easy to do

AcrossthePond55 · 27/05/2023 17:10

@ASeagullNamedDog

"If I transfer money to my mum, would that be seen as deliberately hiding assets? How can I protect my money from him?"

IANAL, but AFAIK it's only 'hiding' money if you don't declare it on financial disclosure documents. More of an issue would be transferring jointly held money or money that might be considered a joint marital asset into your sole name (or Mum's). It's something you really need to speak to a solicitor about.

As far as protecting your own money, the best way to do that is to have it under your sole name and in a completely different bank from any joint accounts or where his accounts are. And by 'sole name' I mean not just that he isn't a co-owner of the account, but that he is not listed as a beneficiary or survivor. His name should be nowhere on the account paperwork.

Take a deep breath and get to a solicitor ASAP. They're best placed to advise you what your next step should be.

As far as 'where did the money go', to me what he did with the money he stole (yes, I consider it stolen) wouldn't really matter. The fact that he did it in the first place would be the dealbreaker for me. Of course I'd want to know, but honestly whether he gambled it, bought random 'man shit' with it, spent it on an OW, or lit the whole lot of it on fire & burnt it to keep warm wouldn't change the fact that our marriage would be over.

ASeagullNamedDog · 27/05/2023 17:21

Sorry back again

I've been juggling children

Today we went and sold all of his expensive items. They'll come in around £17k which doesn't even put a dent in it

I have a completely separate bank account in my name only that holds as much money as I can get my hands on

I have 2 PB accounts for my children under my name only, he isn't linked to their accounts

He has done a full Experien report which tallies with the credit cards he mentioned. He conveniently forgot to tell me that DMIL gifted US £5k in May that he's gone and spent without my knowledge at all

So add another £5k to the figure

My marriage is over, I just need to calm myself and devise an exit plan on what the f to do next

I asked him to leave and he refused. I've banned him from our bedroom and told him to stay away from me for the foreseeable

OP posts:
Foreverhope1 · 27/05/2023 17:31

Boomshock · 27/05/2023 14:36

If he has 60k why did he use the other savings?
It's odd that he didn't transfer 15k of that money to cover his tracks if he had it?

Exactly..... doesn't add up....

3luckystars · 27/05/2023 17:31

Where is it all gone? It’s still May!! How could he spend £5,000 in the last three weeks and not have a clue. Can you see his bank statements for his credit card??

Hellno45 · 27/05/2023 17:36

ASeagullNamedDog · 27/05/2023 17:21

Sorry back again

I've been juggling children

Today we went and sold all of his expensive items. They'll come in around £17k which doesn't even put a dent in it

I have a completely separate bank account in my name only that holds as much money as I can get my hands on

I have 2 PB accounts for my children under my name only, he isn't linked to their accounts

He has done a full Experien report which tallies with the credit cards he mentioned. He conveniently forgot to tell me that DMIL gifted US £5k in May that he's gone and spent without my knowledge at all

So add another £5k to the figure

My marriage is over, I just need to calm myself and devise an exit plan on what the f to do next

I asked him to leave and he refused. I've banned him from our bedroom and told him to stay away from me for the foreseeable

Hire a forensic accountant for divorce proceedings. He may well be hiding the money somewhere. Although, I think a woman or an addiction is probably at the bottom of thud.

Irritateandunreasonable · 27/05/2023 17:39

ASeagullNamedDog · 27/05/2023 17:21

Sorry back again

I've been juggling children

Today we went and sold all of his expensive items. They'll come in around £17k which doesn't even put a dent in it

I have a completely separate bank account in my name only that holds as much money as I can get my hands on

I have 2 PB accounts for my children under my name only, he isn't linked to their accounts

He has done a full Experien report which tallies with the credit cards he mentioned. He conveniently forgot to tell me that DMIL gifted US £5k in May that he's gone and spent without my knowledge at all

So add another £5k to the figure

My marriage is over, I just need to calm myself and devise an exit plan on what the f to do next

I asked him to leave and he refused. I've banned him from our bedroom and told him to stay away from me for the foreseeable

I know you’re upset - totally understandable. But, pause.

Don’t make any huge decisions why you are in shock from this betrayal - there is much more to this and I’m sure more information will come out over time.

I imagine it was absolutely terrifying for him to tell you the truth and I think if you go heavy on the ‘we’re over’ route he’s likely to shut down and not talk any more.

I would be utterly furious in your position - it’s much easier for me to suggest this as I’m emotionally detached and I totally understand it’s easier said then done but I think you really need to give yourself, and him, a few days to come to terms with this news getting out. You said yourself you value him as a DH and Father - he’s had an horrendous time and made some terrible mistakes, as least try to get to the bottom of it before you make any firm decisions.

EggInANest · 27/05/2023 17:39

OP, you said you work together so I assume a family business?

In your shoes I would pick through your business finances with a fine tooth comb. And bear in mind that even if all looks OK he might turn to plundering the business now his personal accounts are out of reach.

madeinmanc · 27/05/2023 17:39

I don't know, if he really has been irresponsible with spending then isn't it worth trying to work through it and save your marriage? It's not as though he's had an affair or something.

They'll come in around £17k which doesn't even put a dent in it

Actually I disagree; it does put rather a large dent in it and it shows willing 🤔

IWantToDoIt2 · 27/05/2023 17:39

NC for this and NRTFT just OPs updates.

this was me a few years ago. My DH ran up over £60k worth of debt and 10s of 1000s of money seemed to vanish into thin air. I only found out by accident after finding a bank letter that didn’t make sense. With out going into detail the hardest part was in the end it was my credit that was effected not his.

At the time I was a SAHM, if I needed money he’d just transfer me some so I never saw his bank account. I’d been the original high earner who always dealt with the finances and life admin but when we had children I didn’t want to deal with that so he took over. My mistake I should have known he’d be crap at it. All our children were under 6 and I had a baby at the time.

When it happened I enlisted a friends help, this was a big wake up call as I don’t share problems with people I like to very much keep what goes on in our home private. So the fact I’d brought someone in was a big deal, he was also rightfully embarrassed. Our friend sat him down and eventually the full extent of the debt came out.

I also made him speak to his parents as I knew they would make him face up to things. They were great, offered to help with costs for the dcs so DCs didn’t miss out of things while we figured things out. They also paid for him to start seeing a therapist straight away.

he was diagnosed with depression and anxiety, well no wonder lying to his wife for years. To be honest, I had very little sympathy for him at this point.

To this day I could not tell you what all that money went on, certainly not us or our home. No secret drinking, drugs, sex workers, other woman etc…

When it happened, after I blew up, which I didn’t don straight away, it was only after getting no answers I lost it, I stopped caring I told him I didn’t care what he had to do but he had to fix it without effecting me or our DCs.

In the end the debt was paid fairly quickly, his parent gave him £20k which will come out of his inheritance, this was only on the ok of his siblings. He had a number of unique collectibles to sell, he’s really good at finding things at car boots and charity shops that are worth money. I know he wasn’t buying the collectibles online as I was usually with him when he’d find them. He also cashed in his company shares and bonds. We were left with £10k left which he cleared after his annual bonus came through.

A couple of years later he was also diagnosed with ADHD, debt and ignoring problems are symptoms of this.

For a long time I managed everything, he was not allowed to complain and I questioned absolutely everything he did.

We are still together and are in good place, all money matters have to be discussed, I have full access to everything. No credit cards, we have one PL I agreed to, taken out to cover something we needed at the time and one finance plan on my iPad.

It still guts me how much money was wasted, we could have set our DCs up with decent uni funds and more, but I try not to dwell on it.

To my DHs credit he has really stepped up and has done his best to make up for everything, he’s was never particularly ambitious but has thrown himself into work, getting promotions, constantly upping his salary to ensure we have a nest egg in the future (all of which I control obviously).

I admit if we hadn’t had children I’d have walked out there and then. I also weighed up what would happen if we’d split, he had a good supportive family who would rally around him, I didn’t. He had a good job, I didn’t, I desperately wanted to be home in my children’s early years, if I’d have left I’d have been a single mum, no job no money and would have had to manage everything on my own, something I’d done my entire life with no supportive family, I didn’t want to start over again, so I made it work and I’m happy I did.

Im not sure what’s in store for you op, but good luck x

AcrossthePond55 · 27/05/2023 17:40

@ASeagullNamedDog

As I mentioned above, the very 1st thing you need to do is see a solicitor.

I still say it doesn't matter what he spent it on (IMHO), but honestly I'd be willing to bet my money on something rather 'intangible'; ie gambling, drugs, or women. Or that stupid crypto or NFTs.

And don't think for a moment that it can't be gambling, drugs, or women. You need to accept that you don't really know him, not at all, despite all the supposed closeness that marriage and children bring.

Twenty-odd years ago, a BFF also had missing money (nothing close to your DH's squanderings) and she was 1000% convinced that her exH couldn't possibly have spent their money on any of those. He, too, 'couldn't remember' where it went and actually tried to accuse her of being the one spending money. Turns out, it was drugs. Another friend's DH finally admitted he knew what her exH was doing (cocaine and methamphetamine). We suspected there were women, too, but could never prove it. Not an OW, just wads of cash spent 'impressing' random women in bars so they'd sleep with him.

Daleksatemyshed · 27/05/2023 17:43

If he won't leave Op then you need to make his life as uncomfortable as possible until he agrees. Don't cook for him or do his laundry, refuse to share a bed with him. He's still trying to play the poor me card, not his fault , well it is his fault, no one made him spend all that money

3luckystars · 27/05/2023 17:46

@IWantToDoIt2 your post made me think too that if they split up, he will just run up tons of more debt and she will be even worse off.
it’s a total nightmare. I can well believe that people can spend extra every week and gradually just fritter it away but to be given £5k in May and not tell you and just blow it would ring a big alarm bell.

Thesharkradar · 27/05/2023 17:58

I wonder if he's signed up with some kind of 'financial dominatrix'?

AcrossthePond55 · 27/05/2023 18:03

Daleksatemyshed · 27/05/2023 17:43

If he won't leave Op then you need to make his life as uncomfortable as possible until he agrees. Don't cook for him or do his laundry, refuse to share a bed with him. He's still trying to play the poor me card, not his fault , well it is his fault, no one made him spend all that money

This with bells on. No more 'home comforts' or 'domestic services'. When he tries to speak to you (other than about the children or needed domestic conversations) get up and walk away. He needs to 'cease to exist' for you. Just as you 'didn't exist' for him when he was taking and spending that money.

ASeagullNamedDog · 27/05/2023 18:04

He's been pulling money and paying this and that with it

Still can't tell me what it's been spent on, which is just making me absolutely livid

I cut up his credit cards, and I've got his bank card in my pocket. I deleted all bank information off his phone to try to limit this over this BH weekend, and I currently have it too

Laptop is locked in my safe. He has no access to screens and cannot go "shopping"

Damage limitation at this stage. Very fortunate to have a reasonable amount of money left for the children from my side but I'm just disgusted at everything. Obviously the lying, and what I consider to be stolen money

He's willing to attend a doctor, but I don't care - there's no coming back from this, I'm certain

I haven't slept, I'm seeing double and it's only 18:00 - I just can't get my head around this

To address the gambling thing: this man is rarely away from me. We both WFH together, we have a toddler and are both in bed for 22:30 every single night. He doesn't even drink alcohol.

Christian man, eh?

Hopefully if it's another woman she'll soon relieve me of him

OP posts:
SunnyEgg · 27/05/2023 18:06

Have you looked at his bank statements?

ASeagullNamedDog · 27/05/2023 18:09

Slowly but surely

Hobby equipment, Screwfix, eBay

I've 18m to go through and I just keep crying and crying

OP posts:
HairyKitty · 27/05/2023 18:09

He’s spent £2500 every month on nothing for 18 months. This isn’t possible. He is definitely hiding something, my guess online gambling, he wouldn’t need to go anywhere to do that. Plus a bit of reckless spending maybe

greenspaces4peace · 27/05/2023 18:09

i just feel sick for you, what a horrible horrible situation to be in.
i can tell your drumming up your inner warrior.
not an easy path he has put you on, i do hope you find out where the 20K+ has gone.

HairyKitty · 27/05/2023 18:09

I don’t think it’s going to add up to £45k OP

PhotoDad · 27/05/2023 18:15

PP have provided several hobbies which could add up to that much. If that's any consolation at all to the OP. Lots of little bits of surprisingly expensive kit. (Shooting, golf, photography, cycling, motorbikes/cars; I'd add sailing.)

pennycoiny · 27/05/2023 18:16

Have you checked his emails?