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Earn Your Leisure

Study Hall: Prenups & Child Support for The Middle Class

Earn Your Leisure

iHeartPodcasts

News, Investing, Careers, Education, Entrepreneurship, Business, Business News

4.97.9K Ratings

🗓️ 22 December 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

In this episode, Eboni Williams joins the hosts Rashad Bilal, Ian Dunlap, and Troy Millings to discuss the importance of prenuptial agreements (prenups) and the financial comfort needed to thrive in different cities. Eboni sheds light on the misconceptions surrounding prenups, emphasizing that it's not just for the wealthy but also for individuals with incomes ranging from $65,000 to $125,000. She highlights how prenups provide protection for separate property and assets brought into a relationship.


Eboni shares insights on the financial comfort needed in metropolitan cities like New York, LA, and San Francisco, noting that an income of around $300,000 is necessary for a comfortable lifestyle in these high-cost areas. She further explores the financial needs in other cities such as Atlanta and Chicago, where a couple of hundred thousand dollars can provide a comfortable living standard. Eboni's candid and practical approach to financial discussions brings refreshing perspectives to the table.


Join the conversation as Eboni passionately advocates for understanding the financial implications of different lifestyles and the necessity for viable financial partnerships. Learn about the complexities of child support, paternity tests, and the practicalities of raising children in a high-cost environment. Eboni's transparent discussions bring clarity to these often overlooked, yet significant, aspects of personal finance and relationships.


In addition to financial topics, Eboni shares insights about her personal experiences, adding depth and relatability to the conversation. Her reflections on living in New York with a $150,000 income offer a realistic viewpoint that resonates with many individuals striving for financial stability in expensive cities.


This episode is a valuable resource for individuals seeking practical advice on relationship finances, prenuptial agreements, and achieving financial comfort in different living environments. Eboni's wealth of experience and candid approach make this discussion informative, engaging, and thought-provoking.


#Prenups #FinancialComfort #RelationshipFinance #PersonalFinance #HighCostCities #ChildSupport #PaternityTests #LivingExpenses #EboniWilliams #MMMedium #EYL



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Transcript

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0:00.0

Earners, what's up? Look, Hinge is the dating app designed to be deleted. Why?

0:05.1

Hinge gives you a sense of someone's personality and lets you share your own.

0:09.4

You get to know potential dates through their unique answers to prompts, plus get a sense of someone's

0:14.5

dating intentions and what they're looking for.

0:16.9

Everyone's trying to earn their love, so I have plenty of friends that are using the app,

0:21.0

like my man Tone.

0:22.4

His busy work life left little room for

0:24.8

traditional dating and he wasn't too keen of the random meetups so we suggested he

0:29.8

try hinge based on its unique approach to dating that focuses on meaningful connections.

0:34.9

He was skeptical but curious at first, but after downloading the app, he appreciated how Hinge's profile

0:40.4

setup allows someone to show something other than just their appearance.

0:44.9

It highlighted interest, humor, and lifestyle.

0:48.0

He answered prompts like a life goal of mine and I'm overly competitive about, which added depth to his profile.

0:54.0

After a few days of engaging with the app and having real conversations,

0:58.0

he was matched with a 34-year-old software engineer

1:02.0

who shared his love of old school R&B and

1:05.0

romcoms. What started out as a conversation about their favorite movie

1:08.8

soundtracks evolved into a nightly chat about everything from their career aspirations to the childhood memories.

1:15.6

Their first date was at an R&B only gathering, followed by dinner at a cozy cafe nearby.

1:20.8

The conversation flowed effortlessly, and they discovered even more of their common interest.

1:25.8

Fast forward eight months and tone and that 34-year-old software engineer, Diane, are still rocking.

1:32.2

Thanks to Hinge, the first date has turned into many more.

...

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