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Reply to "Spouse makes significantly more income, how do you handle it?"
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[quote=Anonymous][quote=Anonymous]My wife and I married 22 years. My wife has been a SAHM last 20 years. I have almost no clue what gets spent, I am not in charge of that. My wife also points out she does most of the work while I sip coffee in an office or traveled on business. I believe her, we have three kids and never had a maid or any form of childcare or even a babysitter. Pretty much that is a normal arrangement for most of the history of Earth up till around 40 years ago. But I do think stigma goes other way. My two sisters have husbands who can’t support their family and they both have three kids, so both juggling raising three kids and working. Meanwhile my wife and my brothers wife have been SAHM mom whole marriage. The ironic part is at lunchtime you see SAHM moms in Chevy Chase and Bethesda driving range rovers and G - Wagons and during morning and evening commute working moms driving Camry’s and Accords. I worked with a 50 year old women who was a big four Partner and SVP at a bank, she recalled at 27 her best friend made it to Senior manager and did a trading desk audit on Wall Street and married a rich 32 year old trader, had kids and stopped working and is now 50 a multimillionaire who lives in a mansion. When she made a partner at 34 she thought the friend was a fool throwing away her career. At 50 she realizes maybe she is the fool. You never know. The SAHM wife controls ALL the money while married and gets 1/2 upon divorce. The working mom gets only her half and upon divorce gets zero of his money as she only gets half and she put in half. [/quote] Unless.... he makes more than she does. She gets that half too. And she wins in the long run, because she has the option to continue with her career, not start over from scratch as an entry level employee. It is very unlikely any alimony will be allowed in most divorces. You will need health insurance, retirement etc etc. Not just half the current money at one single point in time. [/quote]
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