It’s common for spouses to combine finances — but sometimes, even when you keep your money separate, one partner’s bad habits can impact the other’s financial future.
Such is the case for Sarah from Montreal, Quebec, who called into The Ramsey Show two weeks after learning that her husband has a gambling addiction.
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Despite having been together for 11 years, Sarah only recently discovered that her husband has racked up $1.1 million in debt over the past decade. Now, she’s taken over his finances and wants to help him tackle his debts.
“He had like maybe $1,000 left in his bank account and everything was maxed, so he needed help,” said Sarah.
The problem? She has no idea where to start.