Opinionated: 98% of Divorcees and Widows Agree

Plus, how to talk about and manage money in relationships. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
 
Ellevest
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Sallie’s Opinion

Keep control of the money

 

I came across a women-and-money stat that needs to be shared (and then printed on t-shirts, surfaced in viral tweets, and unpacked in classrooms): 98% of widows and divorcees would tell other women to take a more active role with their money.

98%.

It’s hard to get 98% of any group to agree on anything, but 98 f*ing percent of widows and divorcees agree they would urge other women to take a more active role in their finances.

You probably won’t be surprised that we agree with this, too. Wholeheartedly agree with this.

Here are a few other stats that fill out the picture of what’s happening when it comes to women taking control of their money in a relationship:

First: 78% of couples say they are happier when they talk about money. In contrast, in couples who don’t manage money together, 20% say they plan to leave their partner due to financial problems.

Other uncomfortable stats worth noting: 74% of women die single, and 90% of women manage their money on their own at some point in their lives, whether they want to or not. Women married to men tend to outlive them by six to eight years, on average. And it’s been found that for those who outsource the management of our money, when that money comes back to them, they have a negative surprise 74% of the time.

So I have one piece of advice about money for people in relationships.

 READ THE REST 
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Article: The truth about love and money

Money exists in relationships. There’s our own relationship with money. And then there’s how money affects and informs our relationships with other people, in so many different ways.

READ MORE >

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Workshop: Money in relationships

Being in financial sync with your partner matters. Learn how to split or combine expenses, talk about prenups, and check in on your spending and progress to goals.⁠

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What we’re reading

How disparities in mental health resources are failing Black women athletes.

Two women-owned companies partner up to make swimsuits everyone loves. File under: some good news.

When winning the Scripps National Spelling Bee is a side project, because you’re also a record-holding dribbler. 🏀

Turns out, “peak happiness lies mostly in collective activity.” (Also, how much do we love the phrase “collective effervescence”?)

Your money journey starts now.

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