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Marrying a Man Is Not a Financial Plan.

I just finished reading ๐˜š๐˜ต๐˜ณ๐˜ข๐˜ฏ๐˜จ๐˜ฆ๐˜ณ๐˜ด by Belle Burden.

It's one of the best books I've read on what NOT to do with your money in a marriage.


Belle was married to a successful hedge fund manager.

Big house. Nice life. She thought she was set.

But she made 3 mistakes that cost her millions:


๐Ÿญ. ๐—ฆ๐—ต๐—ฒ ๐—น๐—ฒ๐˜ ๐—ต๐—ถ๐—บ ๐—ต๐—ฎ๐—ป๐—ฑ๐—น๐—ฒ ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐˜†๐˜๐—ต๐—ถ๐—ป๐—ด.

All the investments. All the bills.

She had no idea how much money they were spending.

Clueless.


๐Ÿฎ. ๐—ฆ๐—ต๐—ฒ ๐—ป๐—ฒ๐˜ƒ๐—ฒ๐—ฟ ๐—น๐—ผ๐—ผ๐—ธ๐—ฒ๐—ฑ ๐—ฎ๐˜ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐˜๐—ฎ๐˜…๐—ฒ๐˜€.

Her husband made millions โ€” and she didn't even know it.

She signed the returns without reviewing them.


๐Ÿฏ. ๐—ฆ๐—ต๐—ฒ ๐˜๐—ฟ๐˜‚๐˜€๐˜๐—ฒ๐—ฑ ๐˜๐—ต๐—ฒ ๐—บ๐—ฎ๐—ฟ๐—ฟ๐—ถ๐—ฎ๐—ด๐—ฒ ๐˜„๐—ผ๐˜‚๐—น๐—ฑ ๐—น๐—ฎ๐˜€๐˜.

So much that she let him change her prenup.

He kept all of his earnings during the marriage.

She walked away with almost nothing.


I read this book and thought about my mom.

She told me to "marry rich."

But she never told me to understand the money.


That's the trap.


You can marry a wealthy man and still end up broke.

You can have a big house and no idea what's in the bank.

You can trust your partner and still not know how to protect yourself.


Financial independence isn't about distrust.

It's about awareness.


Know what you're spending.

Know what you're earning.

Know what you're signing.


Because the most expensive mistake a woman can make?

Assuming someone else has it handled.


If you feel intimidated and don't know where to start,

ask your partner to review your 1040 (tax return) with you.


If it's too complicated, I can help. Reach out!


Tiffany Kent

Your Friendly Wealth Engagement Guide


Disclosures: Past performance is not indicative of future results. This material is not financial advice or an offer to sell any product. The information contained herein should not be considered a recommendation to purchase or sell any particular security. Forward-looking statements cannot be guaranteed.


This commentary offers generalized research, not personalized investment advice. It is for informational purposes only and does not constitute a complete description of our investment services or performance. Nothing in this commentary should be interpreted to state or imply that past results are an indication of future investment returns. All investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to consult with an investment & tax professional before implementing any investment strategy. Investing involves risk. Principal loss is possible.ย 


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