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

34 YEARS to earn 500k? That's like 1250 a month

36 actually, it's 1126, I put 1200+ but I was wrong. This is the number of years it'd take to reach 500,000€ earned in France by the average joe. It would be much faster in UK for example, but actually slower/equal in Germany, and so on. Not even gonna touch countries that have financial issues at the moment, it's much worse.

So, yeah, spitting on 500k is spitting on 30+years of work for the average citizen of western countries. Yet, these people can and do raise multiple children to adulthood. How do they do? And no, no loans involved.

I don't know how people can forget this, and I am even more baffled if they were never aware of it to begin with. The average person will not earn 1M in their whole life. 500k is huge, period.

Can't really live on that in Sweden, at least not in a decent sized city. At least 40-50% would go to rent, even more in some places and if you rent second hand.

You wouldn't be able to live as a family in London with such money (even if you replace the € with a £), but you can live in any French city effortlessly. Sure you'll end your month with 0,12€ on your bank account, but you won't go negative.

In London, to give you an example, you spend between 510 and 1020€ for a room in a flatshare/house. And that's "normal". In France, I pay 360€ per month for a whole flat just for myself, with 2 bedrooms.

Humans are not perfect and never will be. Trying to push them in to optimistic relationships and expect them to work it out regardless of the situation is asking for failure.

This kind of mentality is also what drove two of my family members to near suicide levels because they were unhappy and abused and felt like they couldn't leave because it was wrong.

Where are these "certain banks" and what type of investment are you talking about? Certainly not a savings account, because even a 1% interest rate in those is extremely rare.

You're talking about investment firms, not banks. There's a huge difference.

It's probably not a savings account but bonds (or something within fixed income securities) having a set coupon rate (usually annual or bi-annual payouts).

Put it in a UK bank, our rates are 4~6%

Marriage was a prospect that came to be hen people lived to about 35~40, so life was 20 years or so, now its closer to(average age 75~80?) so 60 years, thats a big difference.

Placing that idealistic view on an archaic model is never going to work I'm afraid. (it can but ... yeah)

Gonna go with citationneeded.jpg on that one. I can't find any info on a UK bank that offers 4-6% for a standard savings account.

Was just advertised on TV today, I'll find it next time its on and post it

Actually quick google check


http://www.hsbc.co.uk/1/2/savings-accounts/regular-savings-accounts


You didn't look too hard.

From another article on this story:


She's trying to get what's rightfully her's out of it. She helped him grow the business and make him the money, she's entitled to the proceeds as his wife if there was no per-nuptial agreement

That's not what I had in mind for a "standard" savings account. The one you're referring to was one with a 12-month fixed term investment without the option to withdraw. That's more of an investment account than any "savings account" I've come across. The instant access accounts from the same bank have much lower interest rates.

Arguably not alot of point of instantly accessing your money to withdraw as that would detract from any interest to grow.

Well yeah, but my comment was made about what counts as a "typical" savings account here in the States. If you're talking untouchable investment money, I can get higher than 4-6% anyway without much effort.

As was previously stated, normally the higher return is going to be an investment type venture with risk for potential loss. Any *ahem* savings/money market/premium account that is going to yield a higher interest compared to a "regular" account is going to have requirements such as spending XYZ amount or a minimum amount of transactions, (Which will essentially mean you are going to need to have some of it be liquid and moving around.) It would also have tiered caps/minimum balance caps to qualify, say the premium rate for the first 25-50k minimum 5k balance etc; then a lower tiered rate for amounts in excess. It's never going to be just throw it in the bank and reap all the interests.

Has the whole world forgotten what love is?!

Love is patient, love is kind. It does not envy, it does not boast, it is not proud. It does not dishonor others, it is not self-seeking, it is not angered, it keeps no record of wrongs. Love does not delight in evil but rejoices with the truth. It always protects, always trusts, always hopes, always perseveres. Love never fails!

not all marriages have that type of love in them

not all people prescribe to that particular delusion either...

what?

Hey, if she believes she needs that much for her funeral, fair enough.

Not only that but people change as they experience more throughout their lives. It requires both partners to change together and work for their relationship.

Love is nice, but marriage (any long term relationship) requires work. If both aren't willing then it will not succeed.

People can also change from outside influnces; drugs, alcohol, severe injury, mental instability, etc. Requiring someone to live and be married to someone they no longer understand or who has become physically, sexually, or emotionally violent is beyond stupid. It's not good for the adults involved and it's definately not healthy for any children.

I'm a supporter of divorce. Actually, I'm not sure marriage should be legal in the first place (as in, it shouldn't be a legal institution). Just making that clear from the outset as I wander down a tangent.

Nonetheless, the issue of divorce, especially as regards children, is a bit spiky. On the one hand, it benefits no one to have two spouses at each others' throats or barely tolerating one another for the sake of their spawn. On the other hand, unless it's an amicable divorce that doesn't require a court to determine custody and visitation (meaning a very rare circumstance indeed owing to all that Christian *** propaganda about love forever), divorce can absolutely wreck the kids even if the ex-spouses don't consciously or unconsciously try to alienate the other in their kids' eyes.

So what do we do for the children? For two adults, divorce ought to be a logical and simple process once it becomes clear that things aren't going to endure (for whatever reason), but once the family involves crotch dumplings, a quick and easy split does not seem nearly as possible. I've thought about it but never figured out a reasonable solution. My niece has effectively three parents right now as a result of trying to figure this out and it's going to get a lot more complicated now that she has younger brothers with only two parents.