Latest Posts
Home > Ask The Get Out of Debt Experts > I Haven’t Been Honest With My Wife About Our Debt. – Brad

I Haven’t Been Honest With My Wife About Our Debt. – Brad

“Dear Steve,

Married 8 years
Two Kids

Wife was home on Maternity leave in 06. I was mortage broker. Wife does not handle money stress well at all.

Money was tight.

I used credit cards and HELOC to meet bill obligations.

Have about 55k in debt wife does not know about.

She has recently started her own business and I am self employed as well.

I really want to keep her from the stress, but it’s starting to ride on my nerves and conscience…

…to add fuel the the fire, she thinks there is about 25k in the bank. There is about 11k.

Just writing this makes me look at myself differently. I’m a great dad. I treat her really well. I Do everything I can to make all happy, but this big 900 pound lie is hiding inside my mind.

Any thoughts or advice are appreciated.

How do I tell her about this debt?

Should I tell her?

Have you seen a successful resolution of a scenario like this?

I don’t even know how she would react.

I sometimes think she would want a divorce.

Thank You,

Brad”

Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to beat back debt. – Click Here

The Answer

Dear Brad,

I think this video I did earlier covers this topic with advice that will help.

http://youtu.be/QqNWWmwzN0s

  • How do I tell her about this debt? Watch the videos above and below.
  • Should I tell her? Yes, you really don’t have any other choice.
  • Have you seen a successful resolution of a scenario like this? Yes. Mine did.
  • I don’t even know how she would react. She’s going to be pissed off.
  • I sometimes think she would want a divorce. If you come up with a plan on how to deal with this and you are honest with her, then I don’t think it will end in divorce.

http://youtu.be/A-TUdTOhyUM

Please post your responses and follow-up messages to me on this in the comments section below.

Big Hug!

I Havent Been Honest With My Wife About Our Debt.   Brad
Get Out of Debt Guy – Twitter, G+, Facebook

If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.

I Haven't Been Honest With My Wife About Our Debt. - Brad by

Share This and Spread the Word

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.