Greedy **** Turns Down $974M Divorce Settlement

Actually, interest rates are figured based by the year, not by the month.

So, a million dollars at a rate of .01 (which is impossible to get, it's more like .03 to .05) is $10k per year.

Still pretty significant imo. That's why I hate being in debt.

in the fact that we constantly have to cover our wounds up lol

Marriage is fine as long you don't plan on making a lot of money or never get divorced.

Otherwise...

In Canada, depending on your bank, you gain interest every monthly cycle.

The bank I use offers a monthly interest cycle of 0.01%, which increases exponentially after a base of 10k, 100k, 1m etc.

don't need a prenup just an exit strategy that you're ok with

Well, there's the problem right there!

Serious note:
US gives interest on a monthly cycle also, but the interest rates are denoted as annual, not monthly.

I'm sure Canada is the same way, but they only offer it to business loans or larger mortgage loans.

American banks are failing, and don't know why, yet Canadian banks are recovering and even profiting, but that's a problem?

"How you like to make a billion dollars?"

"Sorry, I'm married with no pre-nup."

"Understood."

Also, TD (Toronto Dominian) has an American banking branch called TDAmeritrade.

We are invading your banking system to make it better! To make it... CANADIAN!

It's the same in France. I didn't know it didn't exist in other countries, I'm pretty sure my other bank account in the UK works the same way.

American banks are failing?

If you mean small local banks, maybe. Medium sized and up are actually thriving quite well.

as long as i don't have to use that monopoly money crap im cool

Nah, just enhancing the system for the betterment of the clients, and making it more user friendly.

You mean that little online banking system in Nebraska?

Hey, if you consider anything north of the Red River as Canada, by all means go for it.

That's just the corporate headquarters

Has 100+ branches in 34 states.

Might want to dig a little deeper

You know what, I think I misunderstood what you said, so never mind.

The bright side is, you can look up German kids playing with Marks back in the days, you'll learn what to do with your notes/bills.

We don't really use Monopoly Money, we saved that for use in Canadian Tire - which they eventually abolished.

I think divorce its self is wrong. Mariage is for life, even if you fall out of love, you don't run out, you rebuild it and fall in love all over again :(

See, that's the sense of entitlement that's wrong. Your man is worth a trillion not you. What did you do that you deserve even 1 billion. You want to say opportunity cost, you married him and you lost the chance to have a career etc etc that's fine. But unless you are an absolutely remarkable person, which you probably would make your own money if you are that talented even under a marriage, nearly 1 billion is not enough? If that's not a greed what is, and 1 billion dollar isn't an insult cuz that's not your money. Billionair going to a place to eat doesn't mean a $100 dollar tip on a 20 dollar bill is an insult cuz that's not 0.000001% of his net wealth. What obligation does he have to give you his money?

This is wrong too. See below dialog:

Man: you want half my wealth? wtf, I was a trillionair before we got married, you didn't help me become the man I am today!
Woman: You insult me by offering to settle with 5% of your net worth? I'm going to take 20 or 30 or 40 *** and give 100 million to every single charity you hate!
Man: You think only you can get insulted? You insulted everyone in the world including kids in africa who are starving with no money to buy food and you think 1 billion is an insult? Let's go to court.

Got to be kidding me seriously...

Marriage contract. Doesn't matter if he or she is worth 20 billion or 20 thousand. The law allows for any stipulations on divorce terms. Take advantage of that if you don't like the idea of losing half your money.

And that's what's wrong in his world. That kind of stuff should have a cap. I totally understand a family having 1 million net worth, the woman gave birth to 3 kids, lost her career to support the kids and so the man can work and provide. She deserve half or even more depends on who gets custody of kids cuz half is only 500k and it will be difficult for her to restart a career while having to provide for kids. But we are talking about 1 billion here, it is very very different.

You have 3 kinds of humans in this situation: the ones that do not care about the whole thing and will move on, the ones that are blind/naive and cannot see reality and even worse accept it, and the ones that aren't going to poison their life with someone that has become their poison.

You'd be the second one. Divorce isn't always a loss for the one to pick it, it's sometimes the only way out if you want to keep your sanity/life/comfort.

Being rich brings a whole new dimension to being married. You're not just married to that girl earning 1200$ per month while you earn 1300. You're married to a girl that spends X of your $ while you earn it. And vice versa.

Are you serious here?

Do you know what you can do with 500k? Even with 3 kids and no career development, 500k is absolutely H U G E and will actually last you until well beyond your kids reaching their 30s.

People seriously have no idea of what's money's worth. It's scary.
Do you really think people spend more than 500k of whatever top 4 currencies to raise 3 kids to the age of 18 and pay for their studies? Really? Do you even know that not even the state is going to spend that much in school budget alone for the 3 kids for their WHOLE scholarship?

500k is over 50% of what most people will earn. In their whole life.

In a divorce situation, the other person should get 0. If she/he killed their career, then give them the proper help needed, or, if money is there, make them pay a specific amount that can cover her every day life, based on the average money given to citizens. And if she/he killed their career, you do not give them the kids. Why would you do that?

While that's all good and great, nobody, unless you married for money and deep down inside thinking that one day you might get divorced, no one will want to bring that up before a marriage. That's the kind of things that will always be in a fight between husband and wife, they can have a fight and it will become "my freaking god no wonder you wanted that clause in our marriage contract because you were thinking about your freaking way out already, I freaking knew it, I hate you", making a normal fight between couple to something of a deep scar. Me and my wife to this day still fight about something happened before our marriage, those things are better left unspoken if you truly want to spend the rest of your life with this person.

K, i am fine with that. I am on the that woman is greedy side if you read my post. And no, 500k is not alot you know how much kids cost without having a job. Just look at how much daycare cost.

Do you really think that these poor people who have a home and take care of their kids all the way to university spend over 500k on 3 kids by the age of 18?

But actually what they spend is irrelevant for a very simple reason: the people I'm talking about will need 34~ years to earn 500k.

Money's worth is being lost nowadays.