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It’s hard to be transparent, even with strangers on the internet. So it’s hard to discuss the worst financial mistake of my life. Its not something you would typically hear…I didn’t buy a house in the bubble or charge hundreds of thousands of dollars to my credit cards or lose big in a casino. I lost big in love, and it cost me.
What was the worst financial MISTAKE of my life?
The worst financial mistake of my life was getting involved with an alcoholic. And then staying with that alcoholic for over five years. I kind of consider it one big never-ending mistake, since it was the mistake that kept on giving. I was stupid, I didn’t know how serious of a thing alcoholism was, and I thought that I could help a friend.
I didn’t move Jonathan in with me with the intent of having a relationship with him. He was an old friend who was going through a tough time, and I thought I could help him get back on his feet by giving him a place to stay far away from his hometown. I didn’t know the extent of his alcoholism (I also didn’t know about his bipolar disorder).
Eventually, our living together turned into a relationship. I really did care about him, so much. Maybe that is why I turned a blind eye to the alcoholism at first. Maybe that’s why I let him treat me so poorly for the first few years. I had built up this amazing image of him in my head, and when that didn’t coincide with reality, I made excuses.
My first mistake
So here’s where the financial disaster comes in. Jonathan didn’t work for the first few years we were together. I paid for all of the bills, all of our living expenses, and I even supported his beer habit. But he always had an excuse. It was a bad economy. The area we lived in wasn’t conducive to him getting a job. He wanted to start his own business. He couldn’t compete in the job market. And I, being stupid and naïve, believed him. I let him get away with it, again and again.
Unfortunately that wasn’t the extent of my stupidity. I gave him money for the business he was trying to grow out of the garage. He collected video games, he’d buy them at garage sales and off of craigslist for low prices and resell them (but not on Ebay, that was too much work, so he sold them to another dude who sold them on ebay). I would help him make a deal occasionally (more often than I’d care to admit) and he’d always promise to pay me back with the profit (sometimes he did, more often he didn’t). Usually he had enough money to keep his small business going and to keep himself in alcohol and cigarettes. He never paid a dime towards living expenses.
Having a job
J eventually found a decent paying job with our neighbor’s company doing office work. He actually had to get up and go to work every day! He worked from 6 am to 2 pm, and he was usually drunk by the time I got home. Sometimes, he wasn’t home when I got home, and I’d find him at the local bar, blowing his paycheck on shots (usually he stayed home to drink). Even with this job I didn’t see any money, but I was just glad to not be paying for his habit anymore.
I finally had enough in January of 2016, when he decided that he’d rather drink than go to work. It wasn’t good before this point by any means, but I was holding things together.
Him deciding not to work was the first last straw for me. We broke up. He promised to try and do better. He would stay sober for a week, then a few days, then another week. But every time he would go back to drinking. It seemed like he would do just enough to get me to stay with him.
By June of 2016, I had enough again. I ended it again and told him the only way I’d stay with him is if he went to rehab. He found himself a rehab facility that would take him (I paid for him to get on a health plan through the affordable care act – another huge waste of money) and off he went.
He stayed in rehab for about 60 days. I was so proud of him! He quickly became a team leader and helped other people stay in rehab too. He was ready to rejoin the real world and give up alcohol! Woot!
Unfortunately, his new-found sobriety only lasted for four days after he got out of rehab. He made up some story about why drinking was ok because he was holding himself accountable (they always have an excuse).
For the next six months, we were very on and off. I’d break up, he’d claim to try, I’d give him another chance, and then we’d be right back at square one. Then he confided that he knew he could quit drinking, he just had to face and overcome his biggest fear – a DUI he had gotten back when he was 20. He was terrified that he would have to go to jail over it.
I helped him (yet again). I lent him two thousand dollars so that he could get a top DUI lawyer. He promised he would pay me back a month later when he received his tax refund check. By this point, he had already siphoned about 10 grand away from me, so I didn’t want to give him the money. I didn’t trust him to pay it back. But, he really needed the lawyer to overcome this one last thing, and if he waited he might not be able to get him. So I lent him the money on the strict condition that he’d pay it back as soon as he got his check.
Well, he got the check and he gave the money to a friend of his who was “in a bad situation” instead of paying me back. This was the straw that broke the camel’s back. This was the point where I lost any trust that I ever had in him. Looking back, this was the point where our relationship truly ended. This is what I still can’t forgive him for or recover from.
He did actually get the lawyer though, and he was able to avoid jail with community service (which he completed!). But that didn’t stop the drinking.
Still trying to make it work
I still stupidly tried to make the relationship work. I thought he could get better, even after all that, and even after I knew I could never trust him again. When I got the transfer to Savannah, I told him that this could be our chance to start over. We would be in a new city, where he had opportunities! He could make some friends and move forward with his life!
Unfortunately that didn’t happen. The first few months in Savannah were a nightmare. But of course, I was to blame for it, because he didn’t have any friends. He couldn’t get a good job close enough to the house. He had nothing and no one in Savannah, so his only option was to drink.
I ended things with him again in October. I set up a Tinder profile and started dating other guys. J realized he was on the verge of losing me and started actually trying. He got a bus pass so he could get around town and signed up for a temp agency and found a decent job. I didn’t give in right away though. I continued going on dates with other guys; and I told him that I wouldn’t even consider getting back with him unless he was sober for over 30 days. I also told him that if he drank ever again, it would be over. However, I was driving him to and from work at this time; because it was far away from the bus routes and he really needed the job.
One last try
He actually made it the 30 days. He kept his job, started paying for some house stuff, and offered to do some hard tasks around the house as a way to start paying me back. Was he turning over a new leaf? Was almost losing me for good the catalyst he needed to turn his life around??
I hoped so. I stopped dating other guys and decided to give him one more chance. But I wasn’t done making terrible decisions! I knew that there was one major thing limiting him, and that was his ability to get around. He was relying on either me or a less than reliable bus system. If he was really going to make it, this was unsustainable.
And One More Mistake
So, I told him that for Christmas, I would help him get a car. I meant that I would put 500-1000 towards a down payment or a beater. However, his credit was terrible. There was no way he could get something financed in his name alone. He fell in love with this used Kia, and although I felt uncomfortable co-signing; I let him pressure me into it. He absolutely promised that he would pay and he would work and that he would change and he wouldn’t screw me over. I didn’t exactly believe him, but I realized he didn’t stand a chance without reliable transportation, so I tried to believe him.
From December until our final breakup in January things were shaky. He didn’t keep his word about not drinking, but I was terrified that he’d just leave with the car and screw me over so I didn’t break up with him. Actually, I did breakup with him and he threatened to do just that. He used the financial disaster of the car as a way to keep me with him.
It’s really over
But a person can only take so much. I finally decided that I’d rather ruin my credit than let him hold me hostage over the car. I broke up with him and promised myself that I wouldn’t let him manipulate, threaten, or guilt me back into a relationship. In addition, I started seeing a therapist who helped me identify his manipulative behavior. And, amazingly enough, I ended up meeting an amazing man who makes me feel like I’m the only woman on the planet.
Although looking back, I’m deeply ashamed that I let myself be used for so long; I’ve been so happy since he moved out. I feel free. I feel like I can be myself again and that I can relax in my own home! This past month of freedom has been indescribably amazing!
And for anyone in a similar situation – Get out. Get out now. They won’t change. They will say whatever they think you want to hear so that they can continue doing what they want. Take care of yourself first. You deserve better.
Melanie launched Partners in Fire in 2017 to document her quest for financial independence with a mix of finance, fun, and solving the world’s problems. She’s self educated in personal finance and passionate about fighting systematic problems that prevent others from achieving their own financial goals. She also loves travel, anthropology, gaming and her cats.