Hi friend,Financial planners are often asked for their one piece of financial advice. I’ve heard many of them say, from a purely financial perspective, to never get divorced. It doesn’t take an expert to understand how costly it is to split one household into two. And it’s not just the financial aftermath of divorce that’s expensive, it’s also the act.The American Bar Association reported that 70% of people can't afford or don’t want to spend money on a divorce attorney. And Forbes recently reports that the average legal fees you can expect to pay for a divorce will set you back about $15k.With barriers and biases every step of the way — getting a divorce through traditional methods often ramps up conflict, instead of minimizing it. I spoke to Erin Levine, a former divorce attorney and founder of Hello Divorce to get some pointers on navigating the divorce process successfully. Erin believes that divorce can and should empower a better life ahead instead of destroying people emotionally, legally and financially. Your friend in finance,
|
|
|
|
1. 😫 The Cost of Divorce with Erin Levine (Weird Finance) In this episode of Weird Finance, Paco talks to Erin Levine about the value and importance of prenuptial agreements, advice on how to approach marriage to avoid divorce, how to talk to your partner about money, and the growing cost of divorce. This episode also features The Economic Outlook with financial astrologer Susan Gidel.2. 💻 America’s Foremost Tipping Expert Hates the Touchscreens (NY Mag)
3. 🎁 Enough With Quiet Luxury (The Cut) The elitism of this obsession just entrenches existing economic inequalities.4. 🤓 A bookkeeping thing - The Power of Partnership: How a Bookkeeping Agency Can Help You Achieve Your Business Goals (HYG Original)
5. 💿 Scammer Made Thousands Selling 'Leaked' Frank Ocean Tracks That Were Fake, AI-Generated (VICE) We now live in a world where nobody knows if a song is made by the artist or by a robot.6. 💵 TurboTax is sending checks to 4.4 million customers as part of a $141 million settlement (CNN Business) TurboTax’s predatory and deceptive marketing cheated millions of low-income Americans who were trying to fulfill their legal duties to file their taxes.7. 👜 Overcoming “oniomania": compulsive spending disorder (Big Think) “By ending relationships and draining savings accounts, oniomania is caused by — and serves to empower — a variety of other psychological problems, including anxiety, depression, and even other types of addictions, like hoarding or gambling.”8. 👔 When Your Boss Is an App (The New York Times) Gig work has been silently taking over new industries, but not in the way many expected. “So much of the platform world, they want to have things two ways at the same time. [...] They want as much control as they possibly can of the product and the service — whatever the targets are related to product innovation, service and delivery — but they don’t want the messy problems of being an employer.”
|
|
|
If you have a question you’d like me to answer on the Weird Finance podcast, you can leave me a voicemail at 833-ASK-PACO. You can also email me your question by replying to this email or emailing us at weirdfinancepod@gmail.com.
|
The Nerdletter is written and curated by Paco de Leon and a tiny editorial support team. Please consider several ways you can contribute to this important mission –
an inclusive conversation about money, finances, and capitalism for Creatives.
We can't do this work without you.
Thanks for being part of the crew and reading this far. Peace. |
|
|
|
Our home office is located in Los Angeles, California, the traditional lands
of the Gabrielino/Tongva peoples. We acknowledge with gratitude the traditional
custodians of this land and pay our respects to their Elders, past and present.
|
|
|
|
You received this email because you subscribed to The Nerdletter, a weekly newsletter.
You can unsubscribe at any time. Or, you can buy some sweet merch here.1920 Hillhurst Ave # 1089, Los Angeles, California, 90027, United States of America ©The Hell Yeah Group 2023
|
|
|
|
