If my husband and I broke up today, I’d be completely and totally financially screwed.
He’d be just fine. As the main income earner in the family, in a lucrative profession with enormous opportunities my husband would probably hook up with someone 20 years younger and they’d sail off into the sunset on his luxury yacht while I cried over my banking app wondering what happened to my life and all of the money I’d made during it.
“Sugar Mamma” Canna Campbell on how women can empower themselves when it comes to money, on the latest episode of ‘I Don’t Know How She Does It’. Post continues below…
Not that we have any plans to split. Of course not. We are more in love today than we were when we first met and completely devoted to each other and our amazing children. But the feminist in me resents the fact that I am more financially vulnerable than he is.
Sure we’d go to court and come up with some sort of financial arrangement. But with no savings (and no debt thankfully), not much superannuation due to the time I took out from work to raise our kids, limited earning potential, and the fact I’d be the primary carer of my children, I’d be pretty much stuffed.
I love my husband, but I would sleep better at night knowing I was in control of my own financial situation because at the end of the day, who knows what may happen? The kids will grow up and leave, my husband and I may split or he could die (God forbid).
And then what?
Listening to financial adviser Canna Campbell, also known as ‘Sugar Mamma’, on this week’s episode of I Don’t Know How She Does It really woke me up to the fact that I need to take financial responsibility for myself for the sake of my future and to set a good example for my daughter.