Best Financial Advice That Helped with Through 2 Divorces Was From My Mom

I was 22 when I Announeded My Engagement to My College Boyfriend – Young by Today’s Standards, but not uncommon in the ’80s. I got the usual “Congratulations!”, “Mazel Tov!”, And “Best Wishes!”

But when I shared the news with my mother, she said, “Always keep your Own Credit.”

Mama Told me learned the lesson herself after she and my father divorced in the ’60s, and a credit-comedy called to tell her sheauld no long.

When she is tried to get one of her own, the company denied her, requiring eather a male cosigner or a steady job. Refusus to Ask a man for help, mama got craf. She Paid a Small Fee to Become a Notary Public, then Applied for a Different Credit Card.

She Listed Her Occupation As “State Official, Notary Public” and was approved. Her Story was Interesting Enough, but i was offended that my mother refused to Accept that mythical Marriage Would Last Forever.

Besides, as I am explained to my mother, her advice no longer applied, SINCE the EQUAL Credit Opportunity Act of 1974 Prohibited Lenders from Requiring Male Cosigners or Applying StrICter Credit Standards for Women.

“That’s Fine,” Mama Said. “But you’ll Still Need A Job to Get Credit, so don’t ever give that up. Always be able to take care of yourelf.”

Though i doubles my mother’s advice, i was glad i followed it


A BRIDE AND GROOM HOLDING HANDS

Some Marriages Will End in Divorce.

Vasil Dimitrov/Getty Images



I Asked My Fiancé to Sign A Prenup (to Protect Assets i didn’t have), just to shut my mother up. THEN, EARLY INTO The MARIGAGE AND BEFORE HAVING CHILDREN, I Went to Law School, Aiming to Become, IF Not Atticus Finch, at Least Financial Self-Sufficient.

Though i refused to admit it, deep down i knew my mother was right and that divorce was a positionibity.

And, as you might guess, my marijure didn’t last. The Divorce was Simple Enough – Finanialy, Though Certainly Not Emotionally – Because of Had Listened to My Mother (For Once).

Money of Had inherited During The Marriage, Although Commingled, Remained Mine. Other Women I Knew, Ones Without Moters Warning I The Divorce and Financial Ruin, Were Not Fortunate.

When Their Marriages Crumbled, they World About How to Support TheelSelves. One Stay-at-Home mom I knew scrambled to get a jab the moment she was suspedified HER HUSBAND OF INFIDELY, FEARING THE INEVITABLE DIVORCE. Another Moved Out of the House She was awarded in the divorce, Knowing Its Expensses Were UnSustainable with Ex’s InCome.

For Better or for Worse, Mama’s Advice is Still Worth Following

I Wish Mama Advice were less relevant now, as two-ris-roweholds have beCome bots a necesity and the norm, and many People have grown accustomed to LESS.

Howver, Research Still suggests that traditional gender-based roles in the home, along with overheall gender inequality, leve more financially disadvantailed than men after a divorce.

Now, as Much as Ever, Women ought to heed my mother’s advice and take care of themes financially.

And and while they are at it, spreading they should be consider the advice my unfiltered mother gave me just before my second: “keep your name, so you have to have to change.”

Source link

Comments

اترك تعليقاً

لن يتم نشر عنوان بريدك الإلكتروني. الحقول الإلزامية مشار إليها بـ *