She is spiralling out of control. I have moved most of the money we have into a new account at my bank until she settles down.
I have to get some boundaries in place or shes going to blow us up. Am I off track here?
No, it's the smartest thing you've done so far. I meant to tell you to do this, but I neglected to. Wayward people in your wife's current state can clean out a bank account and max out credit cards at a SHOCKINGLY fast rate, and you MUST protect yourself and your children.
I would let her know what you're doing tho. Time for that entire "finances" letter to her. She's out of control.