Reply to SAHMs, how much money do you have in your own name that is not joint?

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Reply to "SAHMs, how much money do you have in your own name that is not joint?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's called marriage everything is ours. Idiots[/quote]

"Idiots" is a harsh term.  But this thread is reflective of why the divorce rate is so ridiculously high. I am the PP married for just over 30 years.  Everything is joint. Divorce is not something we have ever even considered.  Could it happen?  Sure. An asteroid could also hit my house but I don't sit around preparing for it.

We tend to manifest exactly what we focus on.  I believe our thoughts create our reality. If you are giving attention to the possibility of divorce, you are literally setting the event into motion.

My marriage is strong.  I love my DH and he loves me.  We are happy.  And we will always be together. Those are the types of affirmations I repeat every day. [/quote]

That's sweet (and I mean that sincerely) but sometimes husbands die, get disabled, or get laid off. Yes you would have his life insurance etc. but if you've been out of the workforce and it is years before Medicare kicks in, and you've got dependent children, you need health care, college savings, and other reasons you may need or want to get back in the workforce.

Not planning on divorce is only one part of an overall financial plan. I think all SAHMs should have an onramp plan and ALL women should a lot more knowledge about finances than many do.[/quote]

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