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
John Bogle on How to Build Wealth in the Stock Market
But I think the idea of buying and holding forever and not trying to make adjustments requires that you’ve gotten it right in the first place. That you can only hold tight if you’ve bought right, if you will. And that is to say, have an asset allocation t…
Levels of Wealth (Car Edition)
Your car tells the world how well you’re doing in life. So in this video, we’ll break down what different levels of wealth drive around. Let’s see how high of a level you’ve made it to. Here are levels of wealth: the car edition. Welcome to Alux, the plac…
'The Big Short' Explained (Movie Commentary w/ @HamishHodder and Jason Hughes)
All right everyone, hello hello! We should be live right now. Welcome everybody, welcome in! Should introduce who I’ve got alongside me tonight. Of course you guys know him, Hamish Hodder. How you doing, Hamish? Welcome in! I’m doing well, I’m very excit…
Examples of null and alternative hypotheses | AP Statistics | Khan Academy
We are told a restaurant owner installed a new automated drink machine. The machine is designed to dispense 530 milliliters of liquid on the medium size setting. The owner suspects that the machine may be dispensing too much in medium drinks. They decide …
Free Markets Are Intrinsic to Humans
Overall, capitalism is intrinsic to the human species. Capitalism is not something we invented; capitalism is not even something we discovered. It is innate to us. In every exchange that we have, when you and I exchange information, I want some informatio…
Launching a German Glider - Smarter Every Day 75
Hey, it’s me, Destin. Welcome back to Smarter Every Day. So, in fifth grade, I used to make paper airplanes with my best friend Tim. Now, we took two different approaches. You see, I would read books and try to figure out the best way to make a paper airp…