My husband and I grew up in 2 different worlds financially. His dad was a doctor and his grandparents were multimillionaires.no one in my life was particularly wealthy.
He received a hefty inheritance almost 2 years ago. Most of it was put toward the down payment on our house but we have also purchased a used SUV and a brand new travel trailer since then. Neither my husband or I have degrees and we live in Southern California so things are expensive. He’s managed to get good enough jobs in marketing the last few years because he really is talented at it. His pay has never been what we wanted it to be but between that and the quarterly checks that still come in from his inheritance we have been able to survive with me as a stay at home mom for our 3.5 and 6 month old. He was laid off 6 weeks ago and this isn’t the first time we have been thru this so we aren’t overly scared but while I’d like us to take turns doing Instacart or other side gigs he just tells me everything is fine. Right before he was laid off we increased our monthly spend by about $900 because we enrolled our three year old in preschool and I joined a gym with child watch because mentally I was needing it. Things were already tight so this was a big deal in my mind.
We have about 80,000 in the bank and about $12,000 toward retirement right now. If it were just me I’d cut all our daughters activities other than school and quit the gym but my husband says it’s all fine because we have savings and another check will show up eventually. But it only covers a small part of our bills. We should be working. I don’t understand how he can be so calm and tell me to continue as normal?! Yes, other large inheritance chunks are supposed to show up in the future but when isn’t guaranteed and I believe until something happens nothing is. I feel like he thinks I’m stressing for no reason and I feel like he’s not taking our personal efforts towards our finances seriously enough.
4 comments
I’m pretty sure that’s not too many people are going to be able to relate to your situation.
You should be able to survive with 80k in the bank for at least 6 months if not a year, and yes it is a little bit less stressful when you know you have a guaranteed check coming.
Either one of you could get a job, and if you are the one that’s getting anxious about not having an income then maybe it should be you, just sayin’.
How is the inheritance check not a guarantee? That’s seem like more of a guarantee then a pay check. Plus 80K in the bank, I can’t relate. If I was you I’d trust my husband has it handled. 80k!!!! Can’t relate at all
jesus, you’re fine.
You could move to a state that has a much cheaper cost of living. You’re getting guaranteed money, so find a job elsewhere and it would go further.