Comments on: How to Repair a Cheap Husband – Save Your Money and Marriage

By: Crystal

Crystal — Wed, 17 Feb 2010 15:33:05 +0000

I am the “cheap man” and I was driving my hubby crazy. We sat down, wrote out our financial goals, and created the payment plan to achieve them. Money is transferred automatically to every large and small financial goal we have once all our bills are paid.

Once that started happening like clockwork, I was able to relax and stopped being a naggy you-know-what. Our marriage wasn’t in danger, but this has definitely smoothed the edges.

By: Indian Thoughts

Indian Thoughts — Wed, 30 Dec 2009 10:03:48 +0000

Oh, he will be always like that.
But he tries to work on this just like you and I love it when he adjusts for my sake.
.-= Indian Thoughts´s last blog ..May God Save All Whirlpool Customers =-.

By: neal@wealthpilgrim

neal@wealthpilgrim — Wed, 30 Dec 2009 01:44:24 +0000

If that would make you super content, go for it Mary. Half the battle is knowing what you want and you’re already clear. That’s excellent.

Keep us posted as to your progress.
.-= neal@wealthpilgrim´s last blog ..How To Repair A Cheap Man – Save Your Money and Marriage =-.

By: Mary

Mary — Tue, 29 Dec 2009 20:34:42 +0000

I think I have to learn from you. I don’t plan to pay off any mortgage or anything. Just clearing out the all the credit card balance would make me super content in the mean time. I think being cheap is different for each person. But you can please everyone. If cheapness can give you financial breathing room, so be it. I need to be disciplined like you. The stupid credit cards have been hanging over my head for a few years now. Can’t wait to close them them and get rid of them. thanks for this post. Open me up to a whole new perspective.

By: Rob Bennett

Rob Bennett — Tue, 29 Dec 2009 18:03:04 +0000

Rob- amazing you paid off your mortgage in 3 years! Congrats.

Thank you, Kate.

Just to be clear, it was not 3 years total. It was three years from the time I came up with this plan.

Also, we were in unusual circumstances. We were both earning an income and we had no children at the time (we now have two boys). And it was a townhouse, not a detached house. So we had options not available to most people.

Still, it was a revelation to both of us to learn that that was an option for us. And it turned out that we really were able to achieve the freedom of living without a mortgage by being willing to be a little bit “cheap.”

A few years later, we needed to move to a detached house to have room for the boys. By that time the value of the townhouse had gone up enough that we were able to move to the detached house without having to pay anything and indeed to take about $40,000 out in cash (we were moving to a less expensive area)! Saving begets saving, freedom begets freedom.

Rob
.-= Rob Bennett´s last blog ..“Fixed Income Should Equal Age, BUT Adjusted Up or Down Depending on Valuations” =-.