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DH has an interesting idea

April 2nd, 2009 at 03:11 pm

Along the lines of miscommunication with spouses, here is the latest from my DH...

You all know we pulled out $400 to use as our groceries/med/gas fund. So far so good, still well funded!

Here's the kicker. DH is quitting his job tomorrow and starting a new company with my brother in law. He will start that job on Monday. We have to come up with the money to put into the new business. Now, was there discussion about where to get the money from, YES, was there a mutual decision made, NO. HE decided to pull our Roths and some out of our retirement account (which he definitely thinks of as HIS accounts). Okay, fine. The he SUGGESTS that we pull an additional $5000 from the retirement and pay it toward our high interest AMEx. Wha??? We are in debt due in part to him holding out money we needed for bills. Now he wants to pay something?? I'm not saying no, or really anything for that matter, but where the heck was he on this 3 years ago when our income tanked and our debt rocketed?

5 Responses to “DH has an interesting idea”

  1. creditcardfree Says:

    Obviously, I know how you feel! Best wishes with it all.

  2. NJDebbie Says:

    Yikes! I wouldn't want to be in shoes. Hang in there and take care of yourself and the girls.

  3. Petunia Says:

    Um. . . well. . .he has probably been in the land of denial. Don't ask me how I know.

  4. Thrifty Ray Says:

    Oh Boy Boo...does he understand the tax consequenses of this decision?? If not, I would recommend he find out, this may be more expensive that he imagines. I tapped into my 401k to help the kids with their business andit was VERY expensive...not to mention that it took a good three years before they turned even a little profit. My very best wishes to you during all of this...it sounds like maybe we DO need to meet halfway for some girlfriend time....

  5. Broken Arrow Says:

    Um.. I think his heart is the right place, but maybe not his head? Even for the Roth, there is an early withdraw penalty to pay unless it for some very specific conditions....

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