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
Debunking the 'Pointless' Education Myth | StarTalk
People think that when they take math in school, there’s the common response like, “I will never need to use this for the rest of my life,” as they learn trig identities or the Pythagorean theorem or whatever it is that we all remember learning, feeling p…
Charlie Munger Weighs in on Gamestop Controversy
Well, it’s most egregious in the momentum trading by novice investors lured in by new types of brokerage operation like Robin Hood. Robin Hood trades are not free; when you pay for order flow, you’re probably charging your customers more and pretending to…
Reading (and comparing) multiple books | Reading | Khan Academy
Hello readers! You know what’s better than reading a book? Reading two books! Reading a bunch of books! Reading a mountain of books! This may sound self-evident, but great readers read a lot of books. Good readers read widely. They read lots of different …
How to Survive a Parachute Jump Without a Parachute #shorts
Your parachute has failed, and you’ll hit the ground in 60 seconds. You’re falling at around 190 km an hour. Your best bet to slow down is increasing your air resistance by making an X shape. We’re not going to lie to you; the odds aren’t great, but here…
Mohnish Pabrai SELLS his Alibaba Stock!
All right team, in this video we are talking about Monash Proprietor’s most recent 13F filings. So this gives us an update to what he was doing with his US listed stocks in the third quarter, of which he owns three: Micron’s, Heritage, and Alibaba. And le…
Life’s Greatest Paradox: What You Resist, Persists
Swiss psychiatrist Carl Jung developed a concept named ‘The Shadow,’ which he saw as a part of the unconscious that contains one’s repressed characteristics that generally do not fit the ego ideal. These attributes we unconsciously hide in the dark, and b…