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We really like my boyfriend and I also genuinely believe that Iâ€™d want to marry him, but as of this true part of our relationship, we arenâ€™t precisely â€œfinancially appropriate.â€
I will be instructor with a credit rating of 790, no financial obligation, and a little, but decent level of cost savings. Iâ€™m preparation on purchasing my very first house the following year. We donâ€™t make a lot of cash, on the things I really need and want, and do without the rest so I am pretty frugal and I really try to just spend it.
My boyfriend is an engineer making significantly more than twice the thing I make, but he’s got no cost savings and everyday lives paycheck to paycheck. He’s got $25,000 in credit-card financial obligation, a truck repayment, and child-support repayments. As much as I understand, he isnâ€™t in a position to spend his debt down after all.
Their divorce or separation had been finalized this present year, so a number of this economic the reality is brand new for him, and I also think it was hard for him to come calmly to grips along with it.
Iâ€™ve asked him to have some free monetary guidance, but he states he understands where their cash goes therefore he does not require it. We told him point-blank he should be rid of their vehicle, and acquire a car cost effective to have and keep maintaining he says he loves the truck too much and he owes more than the truck is worth like I have, plus save on payments, gas, and insurance, but.
Iâ€™ve encouraged him to get back to court and attempt to acquire some of their breakup renegotiated, because he claims their ex-wifeâ€™s earnings had been grossly understated inside her divorce or separation documents, but he claims he canâ€™t show it generally there isn’t any point.