Comments on: There is No Such Thing as Divorce Insurance – Why Financial Ignorance is Far From Bliss

By: James Altizer

James Altizer — Fri, 19 Jun 2009 19:17:16 +0000

This doesn’t make a lot of sense as it is almost always the man who loses financially in a divorce.

By: Gabrielle

Gabrielle — Mon, 28 Apr 2008 16:54:51 +0000

Oh my God! how right this article is. I am a highly educated, ‘”ntelligent” woman that put my financial power in the hands of my husband. I never thought I could get a divorce, and now at the edge of one I find myself, unemployed, no carreer, no savings, no house..nothing!!!! and with three children.. I know he will continue supporting the children..but, what about me? while I am looking for a job I still have to pay, rent, utilities, etc. what if a get sick? I wish I could have been smarter and prepared myelf for the unthinkable.. I feel like such a fool..

By: All Women Blogging Carnival is here! : redsultana.com

All Women Blogging Carnival is here! : redsultana.com — Wed, 02 Apr 2008 14:09:18 +0000

[...] presents There is No Such Thing as Divorce Insurance posted at SavingAdvice.com Blog, saying, “It’s important not to rely on your partner [...]

By: Barbara Stanny

Barbara Stanny — Thu, 27 Sep 2007 21:50:49 +0000

Bravo, Meredith. I love what you had to say.

You are so right: “financial ignorance is far from bliss.”

Studies show, however, that most women do NOT get serious about managing money until they hit a crisis…the worst time to start.

I’ve written a book on the topic: “Prince Charming Isnt’ Coming: How Women Get Smart About Money.” And I’ve just started blogging about it. I’d love to invite you to my site.

Keep up the great work!

Barbara Stanny

By: JEM

JEM — Wed, 26 Sep 2007 17:41:15 +0000

I agree with you.

I have the opposite problem. My husband wanted nothing to do with our finances. He has no idea where our money is, what our budget is like, how much we are saving for retirement, or anything else. I asked him the other day how much our mortgage payment is each month and he guessed wrong by 400 bucks! I am always trying to involve him but he just isn’t interested in money. He hads his paychecks over to me each month and lets me have full control. Although I really enjoy manageing our money, I wish he showed more interest. I also worry about what would happen if I died. I love him but he is clueless.

By: Spend Your Money! Quit Your Job! @ The Carnivals » Money and Personal Finance Blog In Silicon Valley

Wed, 26 Sep 2007 14:15:24 +0000

[...] There is No Such Thing as Divorce Insurance @ Saving Advice [...]

By: Carnival of Personal Finance #119 - Blunt Money

Carnival of Personal Finance #119 - Blunt Money — Mon, 24 Sep 2007 12:57:34 +0000

[...] Advice presents There is No Such Thing as Divorce Insurance. Don’t rely on your partner to take care of all your [...]

By: Amber

Amber — Sun, 23 Sep 2007 13:18:49 +0000

Great post, my boss is this very same woman. I mentioned to her that the state has just added hurricane coerage to automobile insurance and she says to me “I have no idea my husband handles all of that” When I was dating I handled everything and always will

By: Julie

Julie — Fri, 21 Sep 2007 17:23:46 +0000

Very good article. I have always handle the family finances and always will.

By: John Logan

John Logan — Fri, 21 Sep 2007 16:45:42 +0000

The facts tell the story. The number of women filing for personal bankruptcy is up 700% since 1980 and the most common (40%) contributing factor to their loss of income is divorce. Scarier yet, one in five women who file for welfare as a result of divorce are still on welfare 5 years later. No one wants to consider the possibility of failure when they enter into marriage but when the US Census predicts that people who marry today have only a 33% of ever reaching their 25th anniversary, the risk is real.