Financial independence is a fundamental aspect of women’s security. It is the ability to sustain oneself financially, to have access to money whenever and wherever, or to have cash in hand in an emergency, a woman’s financial situation is the best. Nevertheless, the question of how a woman should throw her financial security net remains controversial for some.
After her wedding started showing red flags, a woman’s worries prompted her to start planning a divorce fundraiser on a rainy day. While some find his “get-out fund” problematic, others see it as a necessary precaution.
Divorce funding is one thing
A woman, whom we will call Amy, has been married to her husband, whom we will call Kurt, for eight years. He explains that they maintain a fair but separate money, contributing equally to both the bill and a joint savings account. The couple, however, have separate checking accounts. According to Amy, after spending, it’s up to them how they want to spend the rest of their funds.
Amy explains that she and Kurt make about the same amount of money. Even so, owning one is still beyond the reach of the average person. Amy has created a separate personal savings account with her extra funds to act as a “separation fund” in the event of a breakup.
According to Amy, she opened the account because of some red flags. “I’m not sure about my marriage and I feel safe having the ability to leave if things get worse,” she says. “My mother was in an abusive relationship when I was growing up and I never wanted to be in a situation where I was trapped,” he said, adding that such funding could provide protection.
Despite Kurt’s abusive behavior towards Amy, he noted that they had not had sex with each other in five years. Although he mentions that they are in therapy, the lack of intimacy has caused tension.
Related: The husband told the wife to ‘sleep on the floor’ so that her friend could share the bed with her on vacation
“I don’t feel like I’m in a relationship anymore and I’m not sure how to fix it when he refuses to open up to me,” she shares. Amy says she makes time for the situation but feels better about making a plan if the situation worsens.
His desire to outline an exit strategy did not sit well with his best friend. After her confession, they said she was unfaithful to her marriage.
According to them, by having secret divorce funds, Amy is “one foot out the door”. Instead of waiting, they advised him to leave now because it would be better to do so.
Does money really matter?
Marital success is not automatic. Accepting your situation can have serious consequences. As ‘Amy’ mentioned, she did not want to fall into the trap like her mother, faced with a situation when many women became financially dependent on their spouse.
Is having a divorce fund the equivalent of keeping one foot out the door? While some may think so, others do not find it more complicated than a standard insurance policy. Taking responsibility for your ‘financial’ security is never a bad idea. Or is it?
Money in a relationship is always a tricky thing, and often time is not evenly divided in the middle. If one partner contributes too much to a bill or a joint savings account and the other sets aside extra money to fund the divorce, it can be considered fraudulent on both levels.
It is inevitable that anyone who specializes in keeping secrets, the fund will eventually come out when the ‘divorce’ activities begin. As part of the divorce, all property acquired during the marriage is divided. This raises the question, is the meaning of the divorce fund really important?
What will happen to those funds if you end up divorced?
In the end, only you can decide if opening a divorce fund is worthwhile. In spite of that, it is not without its shortcomings. Cash is usually divided as marital property unless proven to be separate property, such as a gift.
ক্ষেত্রেIn Amy’s case, most commentators agreed that she had the right to set aside funds because it was initially hers and they agreed to maintain separate accounts. They informed him of the fate of his rainy day fund. One commenter said, “In the case of divorce, I highly doubt she will get half of it anyway.”
If you decide that a secret divorce fund will help you sleep through the night, you may want to take some of the above tips. Make sure you are familiar with the specific laws of your state regarding the rights of your spouse in the fund. Account for the amount you don’t need at the time and save even more. Or
In addition, it may be helpful to reflect on why you need funds in the first place. And, whether you need to pay more attention to your relationship with your wife.