
Every married woman needs at least $5,000 in a bank account in her own name — no matter what her husband thinks.
Far too many women are going to reject this mandate as an act of marital treason. Let’s be clear: I didn’t say the account had to be a secret. I leave that up to the individual woman. Nor did I suggest that you shouldn’t care what your partner thinks. In a healthy relationship, you should absolutely care about his opinion. But you should have an account, regardless.
You’re an adult. You should have some access to cash in your own name, not because it is a “divorce slush fund,” but for scads of other reasons. Continue reading “Women: Why You Need Your Own Bank Account”
A client that I’ll call “Tanya” had a problem. Her husband was not only sleeping with her best friend, but he ran up more than $35k in credit card debt to take his affair on a trip to Thailand. Tanya was humiliated and angry. “I have done everything for him and the kids while he’s been parading around his girlfriend — my best friend — behind my back!” she said. “He needs to pay for this; I want revenge.” Revenge. Payback. Vengeance. What better place than a divorce court to get revenge on your spouse, right?
