Love and money can be incredibly tricky. That's why the Moneyist is here to give advice. Our latest: I discovered my husband has been making secret payments to his parents after I went snooping. Should I ask him to put a stop to them?
My husband and I recently bought a home and some furniture on “easy monthly installments.” My husband is the breadwinner, but I contribute as I work part time. My in-laws live overseas and have a large property; they are building a home for us to live in. For the last two and a half years, my husband has contributed more to his parents’ property development than what he pays for our home in the U.S.
Should my husband’s contribution be compulsory? And should I agree to these contributions? He doesn’t give me any money. On top of that, I had to find out about this through snooping. My parents also say you should give money to your parents. I believe this should be a mutual decision. Should I put an end to these payments or tell my husband to reduce them? Why are wives always ignored in such situations?These contributions are both marital funds and money your husband has earned.
It is not healthy that your husband made these payments without consulting you. But if he is the breadwinner, and you began your marriage with your husband making the financial decisions, and you not making a financial contribution to the household, I can see how this kind of murky situation arose. There is a gift tax to such arrangements, and it took your furtive paper shuffling to discover that price.
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