Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My ex husband is looking for a new beard, since my family money is no longer his. If alcoholic middle aged traveling salesmen are your shtick I’ve got a real live prospective leech for you. He will be mean to you while he resents you.
"Beard" usually implies that he's gay and you, the wife, are covering up for that secrecy. Like a beard covering the face.
Usually, yes. In my case I was his financial beard. He liked to live a lifestyle he couldn’t afford without my daddy’s money- which he both coveted and deeply resented. I kept that fact discreetly from friends and outsiders till the divorce, when it became obvious.
Similar for me. My parents gave us some gifts, but it was always gracious and unexpected; even their trust is revocable and doesn't include current distributions, so none of their money belonged to me or our marriage, but my ex was crazy angry when we got divorced that daddy's money wasn't a factor in our settlement. He wanted my parents' wealth to be a reason why he should keep almost all of our marital assets and not pay any child support even though he also doesn't have parenting time because he moved away. Ultimately, he doesn't pay child support because I don't enforce it, but for years, he was so horrible to me and used whatever time he had with our kids to hurt them as a proxy to hurting me because our divorce settlement ended up a 50/50 split (and I have always worked and contributed). So ugly.
Can you both stop saying “daddy’s money”? Doesn’t help your case.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My ex husband is looking for a new beard, since my family money is no longer his. If alcoholic middle aged traveling salesmen are your shtick I’ve got a real live prospective leech for you. He will be mean to you while he resents you.
"Beard" usually implies that he's gay and you, the wife, are covering up for that secrecy. Like a beard covering the face.
Usually, yes. In my case I was his financial beard. He liked to live a lifestyle he couldn’t afford without my daddy’s money- which he both coveted and deeply resented. I kept that fact discreetly from friends and outsiders till the divorce, when it became obvious.
Similar for me. My parents gave us some gifts, but it was always gracious and unexpected; even their trust is revocable and doesn't include current distributions, so none of their money belonged to me or our marriage, but my ex was crazy angry when we got divorced that daddy's money wasn't a factor in our settlement. He wanted my parents' wealth to be a reason why he should keep almost all of our marital assets and not pay any child support even though he also doesn't have parenting time because he moved away. Ultimately, he doesn't pay child support because I don't enforce it, but for years, he was so horrible to me and used whatever time he had with our kids to hurt them as a proxy to hurting me because our divorce settlement ended up a 50/50 split (and I have always worked and contributed). So ugly.
Can you both stop saying “daddy’s money”? Doesn’t help your case.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My ex husband is looking for a new beard, since my family money is no longer his. If alcoholic middle aged traveling salesmen are your shtick I’ve got a real live prospective leech for you. He will be mean to you while he resents you.
"Beard" usually implies that he's gay and you, the wife, are covering up for that secrecy. Like a beard covering the face.
Usually, yes. In my case I was his financial beard. He liked to live a lifestyle he couldn’t afford without my daddy’s money- which he both coveted and deeply resented. I kept that fact discreetly from friends and outsiders till the divorce, when it became obvious.
Similar for me. My parents gave us some gifts, but it was always gracious and unexpected; even their trust is revocable and doesn't include current distributions, so none of their money belonged to me or our marriage, but my ex was crazy angry when we got divorced that daddy's money wasn't a factor in our settlement. He wanted my parents' wealth to be a reason why he should keep almost all of our marital assets and not pay any child support even though he also doesn't have parenting time because he moved away. Ultimately, he doesn't pay child support because I don't enforce it, but for years, he was so horrible to me and used whatever time he had with our kids to hurt them as a proxy to hurting me because our divorce settlement ended up a 50/50 split (and I have always worked and contributed). So ugly.
Anonymous wrote:Anonymous wrote:Anonymous wrote:My ex husband is looking for a new beard, since my family money is no longer his. If alcoholic middle aged traveling salesmen are your shtick I’ve got a real live prospective leech for you. He will be mean to you while he resents you.
"Beard" usually implies that he's gay and you, the wife, are covering up for that secrecy. Like a beard covering the face.
Usually, yes. In my case I was his financial beard. He liked to live a lifestyle he couldn’t afford without my daddy’s money- which he both coveted and deeply resented. I kept that fact discreetly from friends and outsiders till the divorce, when it became obvious.
Anonymous wrote:Anonymous wrote:My ex husband is looking for a new beard, since my family money is no longer his. If alcoholic middle aged traveling salesmen are your shtick I’ve got a real live prospective leech for you. He will be mean to you while he resents you.
"Beard" usually implies that he's gay and you, the wife, are covering up for that secrecy. Like a beard covering the face.
Anonymous wrote:With college loan debt crippling people in their 20/30s I think it’s wise to have some financial sense and awareness of debt going into a marriage. I don’t consider my family to have family money, but our kids will graduate debt free from college and we will help with a house down payment. That makes like so much easier when kids are establishing themselves.
Anonymous wrote:Anonymous wrote:Yes, I have heard my kids talk about money. We are 1st gen immigrant. Came with nothing. No generational wealth in this country, no support system. We are now UMC and have always been white collar.
My gen-Z kids are super aware about money. And they are very grateful of what we have been able to provide them, even if we are not super wealthy. My kids do behave like starving artists. They do not have expensive taste. But they don't stand out because none of their friends have expensive tastes either.
I think, the way America is declining - their generation may be the generation that will want their parents hoarded stuff.
Woman here. Ahh so that is why Gen x lets Gen z daughters frolic in public wearing next to nothing scraps of clothing.
Anonymous wrote:Yes, I have heard my kids talk about money. We are 1st gen immigrant. Came with nothing. No generational wealth in this country, no support system. We are now UMC and have always been white collar.
My gen-Z kids are super aware about money. And they are very grateful of what we have been able to provide them, even if we are not super wealthy. My kids do behave like starving artists. They do not have expensive taste. But they don't stand out because none of their friends have expensive tastes either.
I think, the way America is declining - their generation may be the generation that will want their parents hoarded stuff.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I’m in my 50s but hearing from my daughter and her friends, it seems gen z is more cognizant of “family money” when dating?
I hear from her about her friends talking about prospects and she says young gen z men also make it a point to know if a young woman is coming from “family money” or not.
I grew up mc/umc (friend group was all parents who were engineers, attorneys, primary care physicians) but not “old money”/high finance/biglaw/“movers and shakers” and none of my friends thought if someone came from generational wealth when we were dating.
Are you also hearing this from your children?
Who cares.
Anyone “with family money” has it in trusts for each adult kid so while yes, you’re marrying someone with money, it will be their trust buying the house, paying for future kids private school tuitions, and paying for any eventual divorce.
The spouse won’t get jack from any “family money,” only whatever income they both generate during the marriage.
It’s actually quite fair.
No one with “family money” wants their son or daughter marrying a greedy idiot and taking the hard-earned and saved “family money.”
This.
“Family money” could be tens of millions per adult child or grandchild, or it could be the inheritance is in a smaller trust one can tap into whilst the successfully saving/investing parents are still alive.
Either way, don’t plan on not having a job or someone else’s parents paying your way 24/7.
Anonymous wrote:Anonymous wrote:I’m in my 50s but hearing from my daughter and her friends, it seems gen z is more cognizant of “family money” when dating?
I hear from her about her friends talking about prospects and she says young gen z men also make it a point to know if a young woman is coming from “family money” or not.
I grew up mc/umc (friend group was all parents who were engineers, attorneys, primary care physicians) but not “old money”/high finance/biglaw/“movers and shakers” and none of my friends thought if someone came from generational wealth when we were dating.
Are you also hearing this from your children?
Who cares.
Anyone “with family money” has it in trusts for each adult kid so while yes, you’re marrying someone with money, it will be their trust buying the house, paying for future kids private school tuitions, and paying for any eventual divorce.
The spouse won’t get jack from any “family money,” only whatever income they both generate during the marriage.
It’s actually quite fair.
No one with “family money” wants their son or daughter marrying a greedy idiot and taking the hard-earned and saved “family money.”
Anonymous wrote:Yes, I have heard my kids talk about money. We are 1st gen immigrant. Came with nothing. No generational wealth in this country, no support system. We are now UMC and have always been white collar.
My gen-Z kids are super aware about money. And they are very grateful of what we have been able to provide them, even if we are not super wealthy. My kids do behave like starving artists. They do not have expensive taste. But they don't stand out because none of their friends have expensive tastes either.
I think, the way America is declining - their generation may be the generation that will want their parents hoarded stuff.