Tag Archives | sharing expenses

Prenups

A woman who appeared on my cable show not long ago revealed, when I announced that fifty percent of all American women will live with or marry a man with children, the following (familiar, alas) story.

She’s close to retirement and has been saving for years. Her adult son doesn’t need money, so her small stash supports the household she shares with her boyfriend of five years, a twice-divorced man  whose money mostly goes to his two young children by his second wife. My guest agreed to this arrangement, feeling strongly that his children should be his first priority, and that they could manage their household expenses together.. BUT, she says, “in  this protracted downturn, none of his money goes to our household; it all goes to his (second) ex-wife’s. I’m wondering where to draw the line. He does, after all, live here. He did, after all, make a financial commitment, albeit a small one, to our life together.”

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