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Money and Finances
Reply to "SAHM: what do you do to protect yourself financially?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]1. I will get half the assets, so $400k from the house, $ 250k from the 401k, and about another $250k from investments, liquid funds, etc. I’m 35 so not too shabby. 2. I will get alimony and child support based on his $350k salary 3. I have Masters degree and worked for 13 years before staying home to have children close together, ie, 4, 2 and newborn. I can get back into the workforce. 4. My children have trust funds and college is fully funded for undergrad and grad school, accruing interest. 5. I don’t need the standard of living I have. Even if I get a job making $100k, with alimony and child support I will be fine. All of the above is purely to answer the question, I do not plan on divorcing and am happily married. [/quote] How do you kids have trust funds if your husband only earns $350k a year? Where do you live where you have such a cheap house? [/quote] This is like one of those "how I paid off my debt in three years" articles that magazines like to run. The answer is ALWAYS generational wealth. [/quote] PP here. Generational wealth plus working out asses off and saving before we had children. [/quote]
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