The Financial Deal

[AstroParticipant 2045]

I joined MGTOW in February but have never even visited the “Money” Forum before.

For those of you that missed my testimonies: I kicked my wife out the day after last Christmas after her bragging about her ongoing affair. For three days, I drank enormous amounts of alcohol (even for a sailor, as I was) as I stood on the edge of a breakdown and contemplated driving off a cliff. The only thing that stopped me was Oscar, my Dachshund. My wife and I stayed civil about it and she knows I went MGTOW. We are still married though separated as we have always helped each other with finances since 2002 and before we married:

She is a CMA nurse and can get health insurance FAR cheaper and better than I can and has saved my thousands since Obamacare. She paid the phone bill,(though it was in my name as she had no credit card and her credit sucked), she paid for the home security system (I took over after our separation).

I paid for the groceries and I did the cooking and cleaning the kitchen (I was a US Navy cook for 12 years and have yet to find a woman who can cook half as well). I paid for the internet, car insurance for our cars, electric and water bill, property tax (our home foreclosed and that is another story but we moved into my dads home after he died and it is still in his name. For now, I feel it is best to keep it that way).

We always helped each other out when one is unemployed but she recently hit the skids. She borrowed $1,800 from me for a scam and cannot pay it back. I had saved that money to fix my roof and there is now water and mold showing on the bathroom ceiling. She would be homeless if not for her sister. She quit her job in June and we now have no health insurance and we both lost our life insurance. She couldn’t pay the phone bill and AT&T they stuck me for $1,450 while I was temporarily unemployed. I sent them $10 and explained my situation but AT&T took it to a collection agency anyway. I tried to help her with my credit card but I don’t see how she can pay me back as she just had her car repossessed. I dropped her car insurance and the payments dropped by more than two thirds. In total, I am now $9,000 in debt and making $23,000 a year. In my neighborhood, my income is higher than average. Last years city and county property tax totaled $316.66 but I expect it to increase by 50% with our democrat mayor. The cost of living is low in here in my city , but wages are also low. I never pleaded bankruptcy in my 54 years and don’t know how to do it or how to pay for it. It would be a shot at my pride to do so but I am tired of working only to gain more debt. I need advice and I can take it or leave it but I will listen. I don’t know where to turn so I will turn to my brothers. I am 54 and have little retirement and 3 digits in the bank. I spent most of my life with little money but little to no debt. GOD how I wish I had invested all the money I spent on pussy in my life!

[FunInTheSunParticipant 8283]

Hey Sparky, I like to watch Dave Ramsey videos on YouTube for inspiration (and entertainment). You might find some good advice there.

I think the first step you need to take is: distance yourself from your wife. Speak to her rarely and only for business. It will be easier for you financially AND emotionally.

Once you get out of your debt situation, you can start building up savings in your bank account. Some debt collectors can be reasoned with. You have to be proactive in calling them and negotiating a payment plan.

Also, keep a record of how much money your wife owes you in case either of you decide to get a divorce. Best wishes to you. I sure wish it could be easier. Are there any new jobs that are being advertised in your area?

"I saw that there comes a point, in the defeat of any man of virtue, when his own consent is needed for evil to win-and that no manner of injury done to him by others can succeed if he chooses to withhold his consent. I saw that I could put an end to your outrages by pronouncing a single word in my mind. I pronounced it. The word was ‘No.’" (Atlas Shrugged)

[xanthineParticipant 4903]

I am so goddamn thankful i discovered the red pill before i got married or impregnated some bitch. I never trusted women, not since i my first ever gf f~~~ed my best friend in junior high.

I really feel for my brothers who are late to the game, and only discovered this way of life after a woman ruined theirs. It is tragic how many lives have been ruined, but it is my hope that the next generation (ie mine and those after me) will learn from our fathers’ mistakes and put an end to all the suffering, once and for all.

[NerdTunnelerParticipant]

Stay strong Sparky…Dont let your mind defeat you…As long as you are in control of your mind then you will be okay…You can still build your income up…You can advertise your skills and hobbies…Perhaps teach…
Also remove expenses that are not necessary…Read Rich Dad Poor Dad by Kiyosaki to start changing your mindset but dont subsribe to their trainings or something…
You can perhaps get extra jobs doing menial things during your free time, perhaps baby sitting as a chance to influence the younger generation…Im just shooting ideas now in case something sticks…Good luck brother…Keep at it and stay motivated…We are in this journey together…We have our bad times, and times when moving is painfully slow but know that we will never stop moving but keep on improving…

I stand with feet apart and let my balls hang free...Manginas dont have balls...See how they stand and sit at the whim of their masters...

[Anonymous 7]

FunInTheSun wrote:

Hey Sparky, I like to watch Dave Ramsey videos on YouTube for inspiration (and entertainment). You might find some good advice there.

+1 for Dave Ramsey. If you can get passed the Blue Pill and preachy s~~~. he offers good, simple advice.

[MonkParticipant 16985]

@ Sparky.
Some thoughts and questions.

Why did she quit her job? What’s the score here? Nurses should be easily employable.

Is staying married really advisable?

Is continuing to be linked to a financial black hole a good idea? Perhaps you should be looking to sever the connection between you.

Why keep lending her money? All the ‘helping out’ seems to have been pretty much one way. This must stop, but plan your moves carefully.

Your fathers house is still in his name. Dead people can’t own stuff, so this needs some legal advice.

She may suddenly decide that your fathers house is an asset that she could obtain (I assume you are the only heir), if she divorced you.

If the house were sold, would there be enough to buy somewhere smaller and to clear your debts? This would need to be done carefully to prevent her grabbing any of it.

Overall, I would suggest ruthless retrenchment. Cut costs drastically.

Continue to pay something on your debts. Creditors can usually be negotiated with, as bankruptcy is the last thing they want to see (unless of course they find out about the house, in which case they might push for it). After a period of minimal payments, they often offer a reduced final payoff deal.

You mentioned your home town in the post. Admin may want to remove that to prevent you (and her), being identified.

[hollowtipsParticipant 681]

Yah I think you screwed up by staying married after she bragged about her affair.

[AstroParticipant 2045]

It takes money to divorce. However, I have thought up an idea since I wrote this. I not going to stay to stay in this financial mess forever. First, I plan to cut off all financial ties with my wife. 2nd, I plan to get a second, part time job that makes good money. I could afford fixing my roof in three months and be debt free within a year and a half without pleading bankruptcy.

[AttonParticipant]

Do a video about obamacare and put that one on Youtube.

A MGTOW is a man who is not a woman's bitch!

[743 roadmasterParticipant]

No reason for your Wife(ex) to not have a job. Being a nurse I could walk off the job in a huff drive across town and have another job in a matter of the time it took me to drive and fill out applications.

Right now myself, have right at 6k still to pay off from my mistake. I am not pushing it as hard as I could, instead I am playing the long game. Buying stocks that pay dividends. Working spread 100 shares in as many companies as I can. Dividends will vary but if the company has a record of years paying out I buy. Assets and income source the only thing I will have to do is pick up the dividend check and cash it.

mgtow is its own worst enemy- https://www.campusreform.org/

[AstroParticipant 2045]

743 roadmaster wrote:

No reason for your Wife(ex) to not have a job. Being a nurse I could walk off the job in a huff drive across town and have another job in a matter of the time it took me to drive and fill out applications.

First: What you said is more true of RN’s than CMA’s and the same is true when one talks about income. Second: She has a good reason in that she burned too many bridges. She quits a job every time someone gives her s~~~. As far as I know, that happens on ALL jobs and even if one starts their own company, one will wind up hiring at least one prick. That’s life but she wants a job with rainbows and unicorns where no one will ever give her a hard time.

[743 roadmasterParticipant]

CNA perhaps? Think that might be were I confused what she was doing.

mgtow is its own worst enemy- https://www.campusreform.org/

[AstroParticipant 2045]

743 roadmaster wrote:

CNA perhaps? Think that might be were I confused what she was doing.

No, CMA: Certified Medical Assistant. Somewhat similar to an LPN.

[Author]

Posts