I need strategic counsel for my gathering war party...

For those who don’t read my OYS, I live in a small town while my wife and kids are 5 hours away in the city. A new job (@50% current income is 1-2 years away) Meanwhile, I have a monster of a commute every weekend and I don’t see my kids as much as I want.

I have been the ultimate plow horse and BetaBuxx provider up to this point, stupendously unaware of my own learned helplessness and irrational fears regarding a 5’4 108 pound fairly attractive meat puppet. I have had unclearly defined and poorly enforced boundaries, and recognize that her ridiculous behavior is completely enabled by me continuing to provide resources for it.

I’m about 2 months into MRP and slowly taking my life back. My wife clearly does not respect me much, and has just now passed a significant boundary that I need to respond to vigorously. I want those who have been through this before to weigh in on what I'm missing or going to be blindsided by.

BOUNDARY: After putting a hold on her credit card for ignoring budget constraints several times, she reactivated it AND REMOVED ME FROM THE ACCOUNT. She then promptly spent another $700 on a horse show she doesn't have money to go to.....while remaining sweet and nice to me over the phone.

GOAL: protect the treasury. I alone will fund, control, and govern the income/savings/and expenses of this family “corporation.” I currently have a co-pilot who does not respect that, and thinks she can continue to abuse the “corporate credit card” without consequence. There must be consequences and she must be demoted from her autonomous financial controls.

I already control all the checking accounts. I have no control over her card....or her spending so far.

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There are a lot of financial variables that I need to include because the decision tree requires them:

VARIABLE A: Her credit card previously had a budget of $1000/week. She subsequently ran up $5,700 unpaid debt, I placed a hold on the card, and informed her she gets $300/wk in gift cards until it is paid off. Totally blown through.

The problem is that I can’t close the card. I’m not on the account. I’ve spoken to the company and they won’t give me anymore information. I control the online account, but have no way to limit or control it from there. It maxes out at 12K.

VARIABLE B: Her parents no longer pay for her rent in the city condo per their agreement. She assumes I will just cover the $2,800 per month for the next 3 months until she can move out.

VARIABLE C: We are building a second home in the city near where she wants to live. We have 60-70K down already, and the house will be finished in about 3 months. We signed all the paperwork jointly, but have not signed for the mortgage yet.

However, I really like the house and area, and think it would be amazing for our kids...full support from me. But I also think it is retarded to buy a house in an area you don’t have a job. If I get a job elsewhere, we will have to sell it. She said she understands this….she says a lot of things.

VARIABLE D: Most of the food is spent on a Target Red Card that I pay. 800-1000/month.

VARIABLE E: The horse... I bought a very expensive horse for her instead of a Tesla for me several years ago. It is her hobby and her passion. It is fundamentally one of the reasons she wanted to move to the city, because there were no show barns near us and she was driving 2 hours a day to train.

She has blown through a lot of money pursuing this lifestyle, taking several weeks a year to travel for shows and racking up a lot of money. I expected some of this, but she has pushed way past, and I’ve fought her on it several times. I currently pay $2,500/ month for lessons/board/and grooming for the horse without including shows.

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POTENTIAL RESPONSES:

TIER 1 – stop funding everything. If you can’t abide corporate rules, you lose corporate privileges. Your debts are not my problem. I give her $300 a week for food for the kids, and pay for the kids’ activities on my card.

Privileges come back at $500/week on her card (to which monthly rent is deducted) once she makes me the primary account holder on this credit card so that I can close it in the future if needed.

Consequences:

  1. she ignores me and runs up the credit card to 12K (I can handle this consequence)….but maybe she requests a higher limit. Big problem! (HOW THE FUCK DO I CLOSE HER CARD?)
  2. My credit gets dinged when she doesn’t pay rent to the condo or horse barn. It’s over 800, so I don’t know how much it will bring it down. Nor do I know how long it will take to build it back up. But that could seriously impact real estate investing in the future if I have to personally back my first few projects…

TIER 2 – do not allow her into the new house. Seize control and resell it with an agent. I’ve reached out to my attorney to see if there is a way to do this before we sign for the mortgage.

Consequences:

  1. If I can’t seize control, I have to walk away and lose the 60K downpayment...
  2. Divorce threats – not my first choice. But at this point, I can’t live with this financial behavior, so I would embrace it and move forward if she chose to.

TIER 3 – Sell the horse. It would be the thing that hurt her the most. She seriously might pick the horse over me in a fight :) (It’s irrational.)

Consequences:

  1. Divorce likely– same as above

CURRENT PLAN: My wife is clearly a spoiled, entitled, rich girl who views me the same as her wealthy step-dad. I’m not. I am pursuing Tier 1, and pre-planning Tier 2 needs through my attorney.

Obviously, something has to give if we are going to take a 50% future pay cut and assume a mortgage on a second home. All of this has been laid out to her over the last 6 months several times. I want to continue to pursue a high savings rate to put money into real estate for more passive income and am unwilling to give that up for a consumption lifestyle.

Questions:

1)Where am I being dense and where am I going to get blind sided?

2) Where can I be more effective?

3) How much to I signal/disclose the consequences to her vs. just keep my mouth shut and just let them happen? (For all I know, she is reading this…) To avoid the passive-aggressive approach, I think me just calmly informing her that she did something unacceptable in this relationship and explaining the response is in order.

4) I’m also struggling with how to handle the next 2 weeks. We are doing family vacation together and spending a lot of time together with the kids. I feel like I have the option of just treating her like a teenager who is being grounded, but still part of the family (and not paying for a damn thing.) But I’m not sure if that is the best way forward. If I tell her not to come until she gets her shit sorted, she keeps the kids and I go on vacation alone….

Thanks for your time in advance.

Flame away.

inb4 I already know I was a faggot prior to 2 months ago

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EDIT: Lots of feedback to deal with here. Please see my UPDATE2 linked below.