4.6 • 3.1K Ratings
🗓️ 12 April 2022
⏱️ 71 minutes
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0:00.0 | The careers themselves are stressful, like the nature of the work we do. |
0:06.8 | We're both litigators. It's inherently adversarial. He's managing the firm as well as managing a |
0:13.3 | caseload and he comes home and he's stressed and I feel like where's the financial reward in exchange |
0:22.8 | for this level of stress that he's under and that pattern just repeats itself every day. |
0:28.4 | I would really like to be able to sleep it better at night and you don't sleep well at night |
0:35.4 | now because of what? Financial stress? I feel really, really resentful of the situation. |
0:42.7 | He chose to marry me even though it meant the complete financial destruction for him, really. |
0:48.7 | I am resentful and one part of it is that I can be relieved of my obligations if my ex-wife |
0:57.2 | remarries or enters into some sort of co-habitation relationship. |
1:03.2 | The likelihood of that happening is very low because of the money that I pay her every month. |
1:11.1 | In other words, she doesn't want to do it because the cash would stop. |
1:15.2 | That's right. Wow. |
1:19.0 | Meet John and Rebecca, both attorneys. John is 61 and Rebecca is 44. This is their |
1:25.9 | second marriage. To recap what you just heard, John is paying about $70,000 a year in support |
1:33.8 | between his ex-wife support payments and the life insurance that he's legally obligated |
1:39.2 | to maintain for her. He's also paying an additional $600 a month so that Rebecca is covered by |
1:45.3 | life insurance. Though they both earn good salaries, around $200,000 a year, he has a highly |
1:53.6 | variable income that makes it hard to save, especially when he owes about $70,000 a year |
2:00.4 | to his ex. Speaking of that, can you imagine having to pay $70,000 a year to an ex forever? |
2:10.8 | Imagine how it would make you feel about money. Think about commuting to work every day. |
2:16.4 | Think about every paycheck you made. Think about how you would even feel if you got a raise. |
2:22.9 | John and Rebecca have been living with this for years. |
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