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Death, Sex & Money

Opportunity Costs: The Class Slide After Divorce

Death, Sex & Money

Slate Audio

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

4.6 • 7.7K 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. And follow the show on Twitter, Facebook and Instagram. Got a story to share? Email us any time at deathsexmoney@wnyc.org. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I always thought I was the smart one and hindsight is 2020 but from where I sit now and how I have

0:08.8

to economize 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 a series all about class which we think about a lot kind of reminded me hey we're not one of you and need to talk about more

0:30.6

They refused to feel any sort of shame.

0:34.0

I'm Anna Sale.

0:37.0

Six years ago, Jamie Seton moved back to the U.S.

0:40.3

After spending several years living in Asia with her husband and two kids.

0:44.8

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

0:49.0

College.

0:50.0

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

0:54.0

5,000.

0:54.8

That's a big house.

0:55.8

I had three living rooms.

0:57.9

Before their family moved back to the US,

1:00.0

Jamie had worked on and off as a freelance writer

1:02.4

and Newsweek correspondent, while her and off as a freelance writer and Newsweek correspondent,

1:04.1

while her husband worked as an executive for Citibank.

1:07.2

We lived very, very well, as many ex-patts do.

1:10.4

We lived in Thailand in a huge house with a pool and staff and a driver.

1:17.0

We always traveled business class.

1:20.0

We always stayed in five-star hotels.

...

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