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Death, Sex & Money

Death, Sex & Money - Opportunity Costs: The Class Slide After Divorce

Death, Sex & Money

Slate Audio

Careers, Sexuality, Business, Health & Fitness, Relationships, Society & Culture

4.67.7K Ratings

🗓️ 24 January 2018

⏱️ 26 minutes

🧾️ Download transcript

Summary

Jaimie Seaton got used to an upper class lifestyle while married to her banker husband and living overseas. Then she got divorced, and her financial picture totally changed.

This episode is part of our series Opportunity Costs: Money and Class in America. All this week we're bringing you five conversations about the moments in life when you've felt your class status the most, in collaboration with our partners at BuzzFeed News. Find out more at deathsexmoney.org/opportunitycosts

Did you know we have a weekly email newsletter for the Death, Sex & Money community? Every Wednesday we send out podcast listening recommendations, fascinating letters from our inbox and updates from the show. Sign up at deathsexmoney.org/newsletter.

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Transcript

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0:00.0

I always thought I was the smart one.

0:03.0

And hindsight is 2020, but from where I sit now and how I have to economize,

0:10.0

I just kind of shake my head at the amount of money I wasted.

0:14.0

This is opportunity costs from death, sex, and money.

0:20.0

My family didn't have a lot.

0:23.2

A series all about class, which we think about a lot.

0:26.0

Kind of reminded me, hey, we're not one of you.

0:29.0

And need to talk about more.

0:31.0

I refuse to feel any sort of shame.

0:34.0

I'm on a sale.

0:37.0

Six years ago, Jamie Seton moved back to the U.S. after spending several years living in Asia with her husband and two kids.

0:44.3

They decided to settle in New Hampshire, where Jamie grew up, and they bought a place near Dartmouth College.

0:49.3

Out in the country, 5,000 square foot house on like three acres.

0:53.3

5,000. That's a big house.

0:55.8

I had three living rooms.

0:57.9

Before their family moved back to the U.S., Jamie had worked on and off as a freelance writer and Newsweek correspondent, while her husband worked as an executive for Citibank.

1:07.1

We lived very, very well, as many expats do.

1:10.5

We lived in Thailand in a huge house with a pool and

1:14.1

staff and a driver. We always traveled business class. We always stayed in five-star hotels.

1:23.7

I did everything in five-star hotels. If I was meeting a friend for coffee, that's where we met.

1:30.8

My ex-husband and I entertained a lot. I gave a lot of parties. I was always the class mom. So I gave tons of parties for my kids. And the fact that money was never an object, that made it very, it made me feel more confident. And I noticed that now that I

1:48.7

don't have money. And I think like that probably says something more about me than about money,

...

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