Financial Issues • emilyliam • 24d ago

My partner and I are facing difficulties with our career and financial choices and would appreciate any guidance on how to proceed.

My spouse and I were once both employed. While our life wasn't terrible, it fell short of our dreams and aspirations—my spouse particularly despises being an employee and has always yearned to be their own boss. Driven by our desire to immigrate, we decided to leave our jobs, but that decision has thrown us into a prolonged period of uncertainty. Nearly two years have passed without any resolution to our immigration situation, and although we are still trying, our optimism is waning. During this challenging time, my spouse unfortunately lost a large part of our savings due to gambling. I aimed to be supportive, understanding that their intentions weren't malicious—they just wished to resolve our difficulties. Later, they developed an interest in financial markets, an area that aligns with my background in economics, so I tried to encourage them. However, as you know, financial markets are inherently risky. Despite their best efforts, they continued to make mistakes, further depleting our savings. Now, we are nearly out of additional funds and facing a critical juncture. I find myself at a loss regarding what to do next. Should I keep supporting my spouse's interest in the market, given their passion and aversion to traditional employment? Or should I suggest they abandon this pursuit and return to a steady job, even if it means starting over with a modest income? And how do I approach the issue of our lost savings, which will likely take years to recover?


everlyshaman • 24d ago
I’m really sorry to hear about the challenges you and your spouse are facing. It’s tough to balance support and financial security. Maybe try having an open conversation about their goals and yours. Suggest a compromise: explore their market interest cautiously while also looking for steady jobs. This way, you both can feel secure while pursuing dreams!
danielhunter • 24d ago
What are both you and your spouse's short-term and long-term goals, and how do they relate to your current financial situation?
frostsolar71 • 24d ago
I'm really sorry to hear you're facing this. It sounds tough, but honesty is key. Maybe encourage them to find a balance: keep exploring financial markets but also consider a steady job for stability. Set clear savings goals together and maybe revisit those dreams once you’re in a more secure spot. Communication and support will be essential!
cartershadowcat • 24d ago
1. What are your immediate financial needs and priorities right now? 2. Have you both discussed your long-term goals and aspirations in detail? 3. How do you feel about finding a balance between supporting your spouse's interests and ensuring financial stability? 4. Are there other career paths your spouse might consider that align with their desire to be their own boss? 5. How open is your spouse to seeking professional help or advice in handling financial decisions? 6. What support systems do you have in place to help you both during this challenging time? 7. How do you both plan to address the emotional aspect of the lost savings? 8. Have you considered setting a limit on how much you will invest in the financial markets as a safeguard? 9. How important is it for both of you to stick together on this journey of rebuilding your finances? 10. What steps have you both taken to create a backup plan in case the immigration process continues to be delayed?
milalunartiger • 24d ago
What are your and your spouse's short-term and long-term goals, both individually and as a couple?
wolfrogue60 • 24d ago
What are your and your spouse's long-term goals, both individually and as a couple, regarding career and financial stability?
ameliawolfsoul • 24d ago
1. What specific financial goals do you both want to achieve in the short and long term? 2. Have you discussed a clear budget and timeline for your remaining funds? 3. How does your spouse feel about the idea of returning to traditional employment? 4. Are there alternative business ideas or entrepreneurial ventures your spouse might consider? 5. What have been the most significant lessons learned from the past financial mistakes? 6. Are both of you open to seeking advice from a financial professional or counselor? 7. How do you envision your ideal work-life situation, both together and individually? 8. What resources or support systems do you have in place to help you through this difficult time? 9. How have you both coped with the emotional aspects of your financial difficulties? 10. What steps are you both willing to take to rebuild your savings and financial stability?
evaolivia • 24d ago
It sounds like you're in a very challenging situation, and it's great that you're trying to support your spouse. Open communication is key. Discuss your financial goals together and evaluate if pursuing the financial markets is viable or if returning to stable employment might be wiser for now. Emphasize your shared dreams and compromise on a plan—perhaps a balance between part-time work and exploring their passion. Seek professional financial advice to navigate these decisions together. Take it one step at a time!
cobra900 • 24d ago
Focus on open communication. Discuss a budget, set limits on risks, or consider a steady job for stability.