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My bf has historically told me "white lies" about his money. He has been a very tight financial situation for several years but I think his ego was in the way and his impulse to buy things.
After several breakups because of his behavior, he has now come back to me once again and promised he will never lie again and further, that he is a new man and cleaned up his act. Specifically, he is very budget conscious and pays his bills on time. After some investigation of my own, I believe this is right. Of course, he has an inheritance fund to use for the larger bills but has assured me all of those are behind him and he still has $30K left as "savings". He also promised to start a savings account with extra money he has in his checking account. The extra $ is because he has used the inheritance fund to pay off all of his credit cards and also bought new clothes with that money which will last a while.
On a monthly basis, he shoud have extra funds since now he works and collects social security. I'm estimating it to be about $150-$200/month.
He is turning 66 and we'be been on and off again for 5 years. He wants to be exclusive and build a long term life with me. I assume that means at least living together. He is very loving and family oriented. I just don't know if I'll be conned again or not? It is possible he has finally changed and I don't need to worry about money issues on his side? As stated above, he is collecting social security and has a job with a modest salary so he has more than enough to pay his bills but other than the inheritance fund and anything he adds to it, he has no $ for retirement.
He wants me to tell my kids now that "we are back together" so that he is free to tell his family and friends.
Am I kidding myself - will I end up supporting him either way even if he is truthful moving forward? I do love him and he is very good to me but I'm really scared that if we live together somehow I'll have to take care of him.
After several breakups because of his behavior, he has now come back to me once again and promised he will never lie again and further, that he is a new man and cleaned up his act. Specifically, he is very budget conscious and pays his bills on time. After some investigation of my own, I believe this is right. Of course, he has an inheritance fund to use for the larger bills but has assured me all of those are behind him and he still has $30K left as "savings". He also promised to start a savings account with extra money he has in his checking account. The extra $ is because he has used the inheritance fund to pay off all of his credit cards and also bought new clothes with that money which will last a while.
On a monthly basis, he shoud have extra funds since now he works and collects social security. I'm estimating it to be about $150-$200/month.
He is turning 66 and we'be been on and off again for 5 years. He wants to be exclusive and build a long term life with me. I assume that means at least living together. He is very loving and family oriented. I just don't know if I'll be conned again or not? It is possible he has finally changed and I don't need to worry about money issues on his side? As stated above, he is collecting social security and has a job with a modest salary so he has more than enough to pay his bills but other than the inheritance fund and anything he adds to it, he has no $ for retirement.
He wants me to tell my kids now that "we are back together" so that he is free to tell his family and friends.
Am I kidding myself - will I end up supporting him either way even if he is truthful moving forward? I do love him and he is very good to me but I'm really scared that if we live together somehow I'll have to take care of him.
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