Advice from Annie Lane.
I’ve been married for 33 years. My wife has children and grandchildren from a different marriage. She has a wonderful job and makes great money. I am now retired. I have a nice little nest egg from my pension.
Since January of 2020, she has made $69,000 in bonus money. She says she has $15,000 left in her other bank that she uses. Her only credit card that I have seen, and she has more than one, is back up to $10,000. Added up since last January, she has given away $54,000, mostly to her daughter. I have seen this movie over and over for too many years. I live with a woman who has two lives, but her life with her “sponge family” seems more important to her. I’ll take any advice.Your wife’s financial decisions seem to be motivated differently; on one hand, she blows money in a way you’ve defined as a serious spending problem. On the other hand, quite a bit of money is going to her daughter.
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