My boyfriend and I are in our mid-30s have been together for 13 years. I love him dearly and we get along great. My life with him is truly the happiest I’ve ever been. We have no interest in getting married or having children as a personal choice, but are looking forward to having a long cohabitating life together. He’s truly a sweet, loving, and hard-working guy.
However, he isn’t financially responsible.
For a bit of context, I grew up in a low-income home and he was raised upper-middle class. We are currently a middle-class working couple in different careers, but make almost the same amount of money. We also live together in an apartment and share all of our bills equally. However, everything is in my name in order to ensure that everything is kept up with and paid on time. I wish I could share that burden of responsibility, but I can’t. I have retirement, non-retirement investment, and savings accounts. He does not. I have my financial paperwork generally organized and in one place. He does not. I occasionally check my account balances and credit score. He does not. When I make a big purchase, I do my research. He does not. I pay my expenses by the deadlines. He does not.
He’s not a lavish over-spender and has enough money to take better care of his finances, but just doesn’t care about it and neglects these (and other) responsibilities either entirely or until the last moment. Even when he faces consequences for his indifference (like losing $1500 because he forgot to fill out a piece of paperwork on time, has to pay late fees for expenses that could have been easily taken care of in advance, or loses his tax documents for the 4th year in a row and having to pay everything to be re-printed) he doesn’t make any changes, is completely unfazed, and makes the same mistakes over and over.
We’ve never argued about money, but I want to make sure we are protecting ourselves and each other. I’ve tried to talk with him about it a few times and find some solutions, but those conversations never go anywhere. He’s not mean or openly dismissive. He just doesn’t seem concerned or feel any urgency to make changes. This isn’t an issue that affects our day-to-day life, but it does come up sometimes.
What do you do when you care about someone, but they lack any desire to develop financial insight? Should I just let it go and focus on me while he hurts himself?
Bad Credit, No Credit, Big Problem