Football1 Posted July 23, 2014 Posted July 23, 2014 My wife goes shopping and buys 4-5 shirts and a pair of shoes every week(~$250). It doesn't seem like a problem until at the end of the year she has bought around 250 new shirts and has spent over $10,000. This has gone on for many years and she now has around 2,500 shirts and 400 shoes. I can't get her to cut back shopping at all. She calls me cheap and I never make any progress. We are both professionals and have good jobs, but our house is out of space. How do I get her to cut spending? Has anyone else ever dealt with anything like this? We have been happily married but I am getting fed up. If this goes to a divorce can any of her clothes, shoes, hand bags, or jewelry offset my 401K?
Thruster Posted July 23, 2014 Posted July 23, 2014 HOLY SMOKES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! all that spending take the credit card away -- or drop her limit Dude - -she has a bad problem give her a budget Or show her the budget that you need to control as a family before it is too late
CarrieT Posted July 23, 2014 Posted July 23, 2014 If this goes to a divorce can any of her clothes, shoes, hand bags, or jewelry offset my 401K? Probably not. Those items depreciate immediately upon having their tags removed. So the $10,000 worth of stuff she has bought last year is probably only worth $500, maybe. The 401k is a tangible asset and if you live in a community property state, she will get half of it.
d0nnivain Posted July 23, 2014 Posted July 23, 2014 From a space perspective can you at least convince her to jettison the older stuff to make room? Are you willing to make her a spread sheet & show her how much money you could have in retirement if she even cut her expenditures in half?
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