![]() ![]() It's unclear whether the remaining 11 million male accounts were fake, duplicates or curious drive-bys who never interacted with the site after establishing an account. ![]() reports that while information for 37 million Ashley Madison member was leaked, nearly all of the 5.5 million women's accounts were inactive, and just 20 million of the men's accounts showed signs of checking emails. That is not an accurate figure.ġ in 6 U.S. married men had Ashley Madison account information leaked. This story originally reported that 1 in 4 U.S. Plus, in the event of a split, you will be in a better position to support yourself and your kids while the finances are sorted out, and have a lower chance of your ex blowing through joint funds or ruining your credit. That way you know if hundreds of dollars (or more) each month are flying out the window on c landestine dinners, hotels and dating sites via secret credit cards, or joint accounts you choose to ignore. One financial planner specializing in divorce told me: "It amazes me how often women have no idea what is going on with the family accounts." You should have bank and investment accounts in your own name, and together with your husband keep a close eye on household finances. Sorry.īe actively involved in the family finances. Plus, if your husband loses his job or becomes disabled, no more alimony. Remember: more and more judges are women - women who worked while their kids were growing up and have little sympathy for women who expect men to support them indefinitely. ![]() Increasingly, judges limit alimony payments in term of time and amounts paid, and expect women to work for their livelihoods, as I wrote about here. Never assume alimony will support you in the event of divorce. What are you doing to safeguard your financial future in the very real chance your husband will cheat, or you will otherwise find reason to want out of the marriage? You buy life insurance in the teeny tiny likelihood that you should die before you kids graduate college. Cheating and divorce are extremely likely. Further, opting out of the workforce puts you at very high financial risk in the very likely chance that you do divorce. Critical to note: couples that depend on a single income are twice as likely to divorce, according to one study, and couples in which both partners are happy at work are more likely to be happy in their marriages. Plus, when you put 100% of your entire family's financial eggs in their husband's basket, you increase risk of financial woes two-fold. But technology and the nature of the economy means it is more critical than ever to maintain your hard-earned skills, network and certifications. Sure, you might want to scale back or slow down when you have your kids. Despite the fact that divorce rates have remained relatively steady at about 50 percent for decades (though researchers debate whether the figures are ticking up or down at the moment), women continuously fail to safeguard the financial futures (and therefore that of their children, since the two are statistically intertwined) by abandoning their careers, failing to maintain financial autonomy, and banking on lifetime alimony.Īs devastating as infidelity is to the individuals involved, and nearly always ends the marriage, and according to Neuman, the sheer vastness of the Ashley Madison hack should be a powerful wake-up call for women who tell themselves that their marriage is fail-proof, and they don't have to take responsibility for their own financial wellbeing. We can mark that all up to quaint American Puritanism (which has always barely veiled our very naughty ways), but there is real financial fallout from women choosing to ignore the facts about how fragile their marriages really are. ![]()
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