So Money with Farnoosh Torabi

← So Money with Farnoosh Torabihace 3 días · 44 min

She Got Divorced for $500. Here's How She Protected Her Wealth

She Got Divorced for $500. Here's How She Protected Her Wealthhace 3 días44 min

<p>Love is beautiful. But love is not a financial plan.</p><br><p>What happens when you&#39;re the breadwinner in your marriage? When your aging parents haven&#39;t saved enough for retirement? Or when protecting your financial future means having some pretty uncomfortable conversations with the people you love most?</p><br><p>This week, I&#39;m joined by <strong>Jannese Torres</strong>, creator and host of <em>Yo Quiero Dinero</em>, author of <em>Financially Lit</em>, entrepreneur, and one of my favorite voices on women&#39;s financial independence.</p><p>Jannese is no stranger to challenging traditional expectations around money and relationships. She&#39;s the breadwinner in her marriage, runs a real estate business with her husband, and is a passionate advocate for prenups and financial boundaries. She&#39;s also navigating something many of us in midlife can relate to: the growing realization that our parents may be counting on us for financial support.</p><br><p>We get into the messy intersection of love, money, marriage, and family obligations, including Jannese&#39;s remarkable experience of getting divorced for just $500, thanks in part to financial protections she put in place.</p><br><p>And we explore what it really means to build generational wealth. Spoiler: Sometimes the greatest financial gift you can give your children is making sure they&#39;ll never have to support you.</p><br><p><strong>In this episode, we discuss:</strong></p><p><br></p><ul><li><strong>Why love isn&#39;t enough:</strong> The financial conversations every couple should have, especially when one partner earns significantly more.</li><li><strong>The case for prenups and postnups:</strong> How Jannese protected her investments and business during divorce, and why these agreements aren&#39;t just for the wealthy.</li><li><strong>Being the female breadwinner:</strong> How to navigate traditional gender expectations and build an equitable partnership.</li><li><strong>Working with your spouse:</strong> What Jannese learned about trust, money, and stepping back while investing in a house-flipping business with her husband.</li><li><strong>When your parents have no retirement plan:</strong> How to set financial boundaries without abandoning the people you love.</li><li><strong>Raising financially independent kids:</strong> Why funding your own retirement may be more important than paying for every dollar of your child&#39;s college education.</li><li><strong>Redefining generation