Reply #11 suntory1975's post
Well it is true.
I just heard a story yesterday about someone within my business circle don't know very well but whom I understand has a wife back in the US but lives here, they are legally separated or something to that effect and stay together for purposes of their teenage children . He is not a real player but had a girlfriend here, who of course knew about the wife in the US. The wife in the US did not know about the girlfriend explicitly but always suspected something was up.
The guy was trying to do the right thing staying officially married to the wife for the kids in supporting the family, a real stand up guy, blah blah blah etc. the local girlfriend wanted a bit more, however, and pressed him to "get on with his life" and ditch the wife and marry her. He of course said “nothing doing I got the best of both worlds here. “
The girlfriend forced his hand one day by getting in contact with the wife and introducing herself to the wife as the Hong Kong girlfriend . The wife had a meltdown, took the kids, sued for divorce, and now has a fat divorce check and regular alimony and child support payments coming her way.
The guy, his fortune cut in half and is now burdened with more child support and alimony that he was previously paying out to support his wife and kids. He actually saves less money than he did before and he also works in the financial services industry which, unless you are one of the superstars, is not as lucrative as it used to be so his income side of the balance sheet has also taken a hit.
He then decides to marry the other girl in late 2007 right at the peak of the market crash. Over the ensuing for five years his job went nowhere and he netted no money after his hard work and paying his former family support, and of course the girlfriend now wife is not happy about this -- she was expecting the good times to be continued and to be supported in a manner similar to the manner in which he supported his US-based wife and kids.
So now no one is happy, the guy, his new wife, his old wife and kids (as alimony and child support payments have shrunk).
Keep it P4P. you pays now or you pays later.
Keep on mongering | |