He Has $430K In Savings, She Has $100K In Debt — Then Says, ‘You’ll Take Care Of My Debt, The Man Handles It’
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The 37-year-old man, who has $430,000 in savings, said his girlfriend, who earns about $100,000 a year and has the same amount of debt, told him, “You will take care of my debt, the man will.”
HE shared In a story on Reddit’s r/Advice, she admits that just a few months after coming out, she’s already $12,000 in credit card debt to cover her expenses.
According to the post, the 31-year-old woman has approximately $40,000 in credit card debt, a $60,000 car loan and up to $20,000 in student loan debt; This is almost equal to his annual salary. Despite his income, he has no savings, frequently overdrawn from his account, and relies on his family for bailout.
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When he suggested working together to reduce her balance, she argued that she should shoulder major financial responsibilities because she planned to have children. He also urges her to buy a house soon, unaware that he has $180,000 in stock investments that he does not plan to sell.
The post attracted thousands of comments, with many users warning the man about what they saw as glaring financial red flags.
“You’ve only been with him a few months and you’re already $12,000 in debt. Credit card debt is a financial emergency. He has no intention of changing and at this rate you’ll burn everything down in a few years. Leave before he leaves in bankruptcy,” one Reddit user wrote.
“She’s not looking for a husband – she’s looking for a sugar daddy. She makes decent money but still carries a ridiculous amount of debt. She won’t stop buying and wants you to bail her out,” another poster wrote in the caption.
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“OP, you are his retirement plan. This is the ‘best’ thing that could happen. When your money is gone, it will be gone too. Don’t confuse financial addiction with love,” one commenter added.
Financial stress continues to strain modern relationships. By the way Nearly one in three people said their relationships limit their financial growth, according to WalletHub’s “Money & Relationships Survey” published in August.
