yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Never Let A Man Control Your Financial Destiny


less than 1m read
·Nov 7, 2024

50% of marriages within 7 years fail, not because of infidelity, but because of financial stress. The other issue that's so important after you turn 18 as a woman is that you have to maintain a financial identity in our system. Yes, if you don't have a credit card and you're not paying it off every month, you have no credit score.

You get divorced from your husband, and you're a nobody in the system. It's a huge mistake. The way to solve it is for each of the couples to have their own credit cards and a communal credit card that each puts $22,000 a month into to pay the rent and everything else. Then, if there's a financial issue with a significant other, it's their problem on their credit score, not yours.

See, you're controlling that combo account by putting a limit on it. Never, never, never let a man control your financial destiny.

How about married filing separately? Do you recommend that as well?

No, you can file taxes as married, but you have to have your own investment account in your name. Taking 15% of your income every year and putting it into the American Market gives you 8 to 10% in perpetuity. It's got to be in your name.

More Articles

View All
Cosplay, ILLUSIONS, and Pacman: IMG! 7
If Pac-Man was a real living organism and party time—wait, what? [Music] We start today like I start every day, wrapped up in covers. Oopah brought us some great bedspreads. This one would make me feel less lonely. This one’s great for parties, and this…
Inside The Most Powerful Startup Community In The World
In 2005, four people came together to make something new. They thought if we bring together smart technologists and give them a little bit of money and a really good community, it would give founders a huge advantage. Out of that first Y Combinator batch …
There Is No End of Science
That’s an excellent example of what’s called a crucial test, which is sort of the pinnacle of what science is all about. If we do a test and it doesn’t agree with a particular theory that we have, that’s problematic. But that doesn’t mean that it refutes …
15 Ways to Stop Procrastinating
Procrastination is a common habit, right? And many of us find ourselves struggling with this tendency to postpone what needs to be done, whether it’s a task from work, doing your laundry, that pan that needs to be washed, or a blanket you have to move fro…
Why the Smart Money is Buying Alibaba Stock
So we’ve talked about the business. We’ve talked about the risks. Now I wanted to explore why our super investors are buying into Alibaba. So if you’ve been living under a rock, in Q1 Charlie Munger and Monish Pabrai were buying. Then in Q2, Monash Pabrai…
Infiltrating the Illegal Wildlife Trade: The Human Cost | Nat Geo Live
In East Africa, ivory trafficking is probably what you might guess. It’s organized crime, it’s poachers on the ground, corrupt governments. Central Africa; completely different. It’s a war zone. These are the rangers. These six men are dead. They were on…