En espanol | Ten years have passed, and Lisa*, now 60, still asks herself, Why didn’t I notice it coming?
A kid in private school at the time, she and her husband, Andrew, were living well: a spacious home in a Chicago suburb, overseas travel.
For over 15 years, Lisa, an effective physician, had trusted the household finances to Andrew. Cash ended up being her spouse’s domain, she clarified with their monetary adviser.
Which will be most likely why that adviser waited until their finances had been a dumpster fire before he called: “Lisa, have you any idea exactly what your spouse does?” Andrew had invested huge chunks of the cost cost savings on automobiles, guitars and gifts that are charitable. He’d lent against their property and run up $250,000 in personal credit card debt. Extremely quietly, he had almost cleaned them down. Continue reading