emotional need question - 09/11/21 11:59 AM
My wife and I are both professionals in the south. I make in the low to mid 6 figure range. My wife homeschools our kids. She stopped working 8 years ago to homeschool. The problem is financial infidelity. We were doing ok with maxing out our retirement accounts and we had about 100K in the bank and paying off our school loans and the house- we have 7 years left on this. I got a raise and didn't tell my wife in 2017 and wanted to invest in Tesla. I got a $100K loan and invested $70,000 in Tesla - I also had a screenplay that I worked on and I got a lot of help from a lawyer to work on the screenplay. I sold all the Tesla stock to work on the screenplay project. I got more raises without mentioning this and got a $100,000 loan a year ago- this was to turn the screenplay into a graphic novel and then sell the graphic novel to great acclaim. - My wife found out about the loans and I told her what was going on. She is very hurt. I was wrong in not telling my wife about wanting to do the graphic novel. I would still like to get the graphic novel done. My wife would like to take the money to pay off her school loans which I recommended we do. What do you think?