Pay Dirt is a platform where anyone can ask money-related questions and can seek financial advice. The authors, Elizabeth and Athena, respond to those queries with all-encompassing answers. However, the prime feature of this platform is that the one who asks questions remains anonymous. So, it is a worthwhile platform to submit your money-related queries and ask for advice. It is pertinent to mention here that answers that are given on this platform are primarily personal and experience-based.
On Pay Dirt, a user asks if it is okay to hide money from her husband. The question goes like this: “Hey Pay Dirt, I have a deeply personal question to ask. Recently, we sold our house for $1.5 million.” At this point, the user suggests that this amount is way bigger than what the couple had paid two years ago. She goes on to say that she is looking to save for retirement. Whereas her husband has a grand vision for a lavish house.
“The problem is I don’t want to spend extravagantly. I’m feeling that I haven't saved enough for retirement. At this point, I’m looking to save for my retirement. This is where my husband comes in. He wishes to purchase a grand and lavish house. A house that has a pool, spa, gym, etc.”
Nonetheless, the obvious problem with these life partners is that the wife understands, earns, and tries to save money. The husband, on the other hand, neither earns nor understands money. Therefore, the mystery is to save the earned money. Simultaneously making sure that the husband is not hurt.
Just to give you the context of the situation: The husband is 64 years old and he doesn’t work. The wife, on the contrary, is 58, and she is the breadwinner of the family. “What could be an ideal solution to this issue? Should I purchase a lavish house to make my partner happy? (Just wanted to say, I love my husband to death and I can go to every extent to make him happy.) Or, should I hide all my savings from him and place them in my retirement account? Please be ensured we are NOT Elon Musk.” She asks a billion-dollar question.
Is it Okay to Hide Money From Your Husband For Good?
Pay Dirt responds by congratulating the user on purchasing the house for a hefty amount. “You have been doing a great job throughout the course of your marriage. As a matter of fact, you don’t owe him anything. It is your love that has glued you together” Elizabeth appreciates the struggle of the user.
Nonetheless, the expert answer, Pay Dirt gives, is not to hide money from your husband. “Look, you guys have been in an awesome marital relationship, where mutual trust is the underlying feature of your relationship. In such a scenario, hiding money from your partner is not a good idea - especially when it is a significant amount like $1.5 million.”
Likewise, Pay Dirt suggests fulfilling one of the dreams of her husband with that money. “At the end of the day, what matters is how we lived with our loved ones,” she concludes. So, if you find yourself in a position where you think of hiding money from your significant other, think again. It is never a good idea to hide money from your life partner. Let money serve you, not break you.