My husband and I were separated the last 11 months of the year and our two minor children lived with me for a greater part of the year than they lived with my husband. Required fields are marked *. I am 100% financially dependent on my husband because I am a student with a 1 year old. I would urge all new parents to run the numbers before leaping to stay home. Create a plan to leave your marriage – it’ll make asking for financial help easier. Money gives you freedom of choice and power. Shirley says. There are many systemic reasons for this problem. I certainly wouldn’t have qualified for mortgages on multiple homes. There are plenty of husbands who are financially dependent on their wives.). The working woman already has a job, a career, a trajectory, and a means to make more money. What's more, financial abuse is often the first sign of dating violence and domestic abuse. Did you know that women earn less than 18% of all computer science degrees? Am I entitled to spousal support? There is no doubt that my earnings capacity has temporarily diminished as my years outside of the workforce grow. Both stay-at-home moms and working moms face financial dependence. It doesn’t sound like it, but I believe strongly in what I am doing. My concept of identity is tightly intertwined with money. “Her husband keeps all the financial … March 15, 2016 at 6:11 pm. DMCA Policy Now I've become my husband's financial burden. I think it’s valuable to read the whole article for context, but if you are short on time, here’s a brief synopsis. At the time, my husband’s retirement accounts were equal to my own. They can also learn that saving money is just as important as earning it. I believe I work hard but at this point in my life, my income doesn’t reflect that. I’m a capitalist at heart. If he is financially inept, then I’m sure he is mentally, emotionally, and physically inept. Keep some money in your own name. As a writer and illustrator, Audrey creates empowering content to help women love who they are, and overcome the widespread illness of fear. If I were to file for divorce, would my husband have to … Nurses and teachers don’t get paid as well as doctors and engineers. The issue is not just about lacking income. Even fewer are married to a man who did the same. How does it feel to be financially dependent on my husband? When I asked my ever-wise husband about his opinion, he pointed out that just because one spouse might be financially dependent on the other at … I’ll be honest. It’s about talking through the weight of becoming financially dependent. We are both 100% dependent on each other. Our investments at the time totaled over $1 million. Everyone is valuable whether you stay home or not. If your paycheck goes directly to your partner, or directly into their … I gave up my job to move to a different state to be with him. Despite earning six-figures, I couldn’t pay for our bills by myself. The purpose of this post was also to point out that most of us are financially dependent. Please don’t minimize the contributions of stay at home moms. Lots of us think that we’re not making enough money and that our paychecks don’t really reflect all the hard work we pour into each and every work week. I am as much dependent on my husband as he is dependent on me. So it’s difficult to feel empowered if you don’t have any in your own name. I hate feeling like I am stuck in a problem with no solution. Your husband may have a type of dependent personality. I have to socially affable. There can be lots of reasons why one spouse is financially dependent on the other, they may have given up work to care for the children or be unable to work due to illness, or it may just be that their spouse earns a high income and it was agreed that the other did not have to work. 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