Quote:
Originally Posted by EvoFire
Define good money? My level of income (which I would call good money, no great) would become no money after a divorce and he has to pay support for 3 kids.
A friend who is going through an ugly divorce was recently having a custody battle. The two kids was originally staying with her full time and the dad would take them during the day two times a week to maintain a relationship.
The dad is now fighting for custody not because he wants the kids with him (he doesn't even have space for them and he moved back to live with parents after the divorce) but rather if the kids spent less time with mom he would have to pay less support payments.
The toll I see taken on the kids though.....
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Divorce, especially with 3 kids, does put a pretty serious dent in "good money" - he's just signed to rent a 3 bedroom townhouse for $4950/mo as they will have shared custody while his ex-wife will need a 4 bedroom house as her parents live with her/them. They're selling the house they have together and are probably going from a $5-8k mortgage payment to having to spend $10-12k on housing between the two of them. If I had to guess I think their household income was around $350-425k with him being the higher earner by a bit - I'd guess he'll pay a little bit of child support but not much.
They had also just moved on from paying $5k/mo for their nanny earlier this year and he was so excited to get that cashflow back and now it's gone again.
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Current: 2019 Acura RDX
Gone: 2007 Acura TSX, 2008 Mazda 3 GT, 2003 Mazda Miata LS, 2008 Mazda Miata GT PRHT, 2003 Mazda Protege 5
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