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
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…
The 5 WORST Money Mistakes To Avoid In Your 20’s
What’s up you guys? It’s Graham here. So, I recently came across a video by Phil Town’s number one rule in—no, wait, Phil Town’s rule number one in investing. I think that’s it. Anyway, I digress. He made a great video about the six money traps that you s…
3D Photographs Of Things We Have Lost
Just a few years after this photograph was taken, the quagga, a subspecies of zebra, was hunted to extinction. This is actually one of the final two photographs ever taken of the quagga; the other was taken at the exact same moment, just a few inches to t…
Geoff Ralston - Parting Advice
High startup school founders, I am Jeff Ralston, YC’s president, and I’m here to say so long and to give a few words of parting advice. It’s after 10 extraordinary weeks of startup school. We here at YC are about to focus on our winter 2020 batch, and yo…
Bitbutter, guest on Decline to State podcast
Hello and welcome to the Decline to State Internet radio stream, the show where we get together to discuss the ups and downs of life outside the matrix. Decline to State is proud to bring you a surprisingly few net casts in which the hosts do not support …
Teaching Science with Khanmigo
Hi, I’m Michelle, a professional learning specialist here at KH Academy and a former classroom teacher just like you. Meet Kigo, your AI-driven companion who’s revolutionizing teaching for a more engaging and efficient experience. Kigo has many exciting …