I’ve always been bad with money. I like to shop and I have a lot of credit card debt that I am paying off. My man is not in the same situation as me. He is responsible. He has a good job and is stable. It makes me feel like I am less than him sometimes, and I am afraid that he will not want to be with me once I tell him that I have all this debt.
Also, I feel like it’s my money problems. Should I tell him about my finances?
Dear Money Woes,
If you and your man talk about the future, you must tell him about your finances. Money management can make or break a relationship so this conversation is important. But I understand why you are afraid. You don’t want him to see you as an unequal partner, as someone he has to take care of. If he loves you, however, he will hear you and not judge you or leave you because of past mistakes.
You especially need to talk about this since money management and budgeting is tough for you. This does affect his future as your partner. If you get married, your debt becomes his debt.
You also say you have a shopping problem. For both you and him, you have to nip that in the bud if you can’t afford that lifestyle. That will be your first step to prove to yourself and show your man that you are making progress toward financial freedom.