In this situation, a couple is struggling with financial decisions as they plan their future together. The fiance, who has successfully managed to eliminate her debts and accumulate significant savings, proposes a plan for her partner to become debt-free before their wedding. Her proposal involves her covering all living expenses, enabling her partner to focus almost entirely on debt repayment, to achieve financial freedom within two years.
In response, the partner suggests an alternative approach: the fiance pays off his debts upfront, and he commits to repaying her within eighteen months. This counteroffer aims to avoid accruing interest on the debts and accelerate joint financial goals, such as paying down the mortgage. However, the fiance seems hesitant, indicating a need for further consideration.
External perspectives from friends emphasize the value of the original two-year offer to become debt-free. They argue that even if the partner repays the fiance, it would still entail tapping into a portion of her savings for a year and a half.
So keep on scrolling down below to read the whole story narrated by OP and make sure to read it till the end otherwise, you won’t be able to let us know who’s the A-hole here.
1. OP has a total debt of about 67K between his college, car, and the debt on his credit card. He has been making monthly payments but it would take him many decades to be debt-free.
2. OP said that her fiance is relatively debt moreover, he said it wasn’t always the case she got a scholarship which helped her through college but she still had to take a few loans to finish things up.
3. OP said she spent a lot of time getting her finances in order and she had to work multiple side gigs on top of her normal job now she is debt-free except for her mortgage, she even has 300k in investments and savings.
4. Now OP and her fiance are engaged and they are planning to move in together after the lease comes to an end of a roommate moreover, she said OP needs to be debt-free before the wedding. So she pulled out the spreadsheet of OP’s debt and planned how he could be debt-free.
5. OP says by going through the plan they executed they would be debt-free by the wedding and she would cover everything else including mortgage, food, bills, etc.
6. OP thought about it and came up with a counteroffer that she would pay off all of his debts and OP would pay her back in a year and a half because he wouldn’t have to pay interest
7. Now OP wants to know whether he’s an A-hole or not, let’s find out what users have to say.
8. Well it was a generous offer and OP should have considered it before coming up with his plan
10. It was an offer that couldn’t have been denied by a sensible person
11. Exactly, it’s not her responsibility only.
12. everyone said OP is an A-hole and we could see why
13. Solid point made by this user
14. The fact that it’s OP’s debt, not hers makes this situation even more awkward. OP should havestuckd with her plan!
15. You are taking her resources for granted
16. Please take that offer OP!
17. Finding a side hustle would be a wise choice for OP
Let us know your thoughts about this post in the comment section below and don’t forget to like and share it with your friends and family. Stay tuned with Defused for more content. Thank You!