How To Handle Finances In An OLTR Marriage

Get Free Email Updates!

Join us for FREE to get instant email updates!

Loading

One of the two pillars of an OLTR Marriage is that both parties have a legal, logistical, and enforceable barrier between their personal finances. (The other pillar is that you should be allowed to have sex with whomever you like, whenever you want, within a few simple ground rules. But that's a topic for another day.) Under a TMM model, a man legally combines all of his finances with his wife. Doing such a thing, regardless of how sweet, virginal, or nice she is, is an utterly insane proposition in today’s modern era for the following reasons.

-By Caleb Jones

1. When she eventually gets bored or irritated with you and divorces you down the road, or when you divorce her, or when she catches you cheating on her and then divorces you (and odds are higher than around 76% one of these scenarios will eventually occur), under community property laws, she will be “entitled” to receive half of all of your money, or more, in addition to the massive legal expenses you will incur. Have fun busting your ass, working for years, only to hand it over to a woman you’re not going to see anymore.

2. When you get divorced, she might be entitled to alimony payments from you on top of all that. And that will be on top of child support if there are any children involved. Some guys seem to think that child support somehow replaces alimony, or that alimony and child support are the same thing. Ohhhhh no. She can easily get both. (Read this for more information.) Alimony is especially likely if you make a lot more money than her or if she’s the stay-at-home wife many of you right-wingers fantasize about having someday. That stay-at-home wife is more likely to receive alimony from you post-divorce than a wife with her own income. You guys either don't understand this or tend to forget it. That’s why, if you stupidly insist upon having a TMM, it’s much better for you if your wife continues to work and earn her own income. If you encounter some kind of financial problem after the divorce and don’t pay the alimony, you will be arrested and thrown into jail. And the courts won’t give a shit about your reasons regardless of how legitimate they are. Sound fun?

3. Combining your finances with a woman isn’t just about getting divorced. During the marriage, if she screws up her credit, gets into trouble with loans or creditors, or has any problems paying her taxes, the government and/or creditors can, and often will go after you to pay her debts or back taxes. Even in those cases where you are not legally required to pay these things, it will take hours of your time to clean up, your credit report will be screwed up for years, and you may even have to pay attorneys thousands of dollars. I personally know two married men who had problems like this; they did nothing wrong but their financially incompetent wives screwed up with debts and/or taxes, the creditors went after the husbands, and the husbands went through all kinds of hell cleaning up the mess. Have fun with that.

4. If you share bank accounts with your wife, and most TMM husbands do, any screw-ups she causes with the bank are going to be things you will have to pay for and clean up. Back when I was traditionally married as a young beta male, I was like every other stupid husband and shared a few checking accounts with my wife at the time. I used the usual beta bullshit excuses about how it was more “convenient” to do this. My wife at the time would regularly whip out her debit card and just buy things without checking the balances of the accounts first. As you might expect, she would overdraft the checking accounts on a semi-regular basis. Not only did this cause many serious arguments and emotional damage to our marriage, but over the course of several months/years, I spent literally thousands of dollars in overdraft fees because of this. One overdraft fee was easily $35, and if you have three or four that all come in at the same time, you get dinged for each one, all in the same evening. It adds up fast.

Eventually, I received a letter from my bank declaring that since “my” accounts were being overdrawn so often, if it continued, they would permanently close the accounts and my name would go on a permanent watch list which would make things difficult for me to open bank accounts in the future. At that point, I had finally had enough. I closed down the accounts and started new separate accounts, each one in our own names. Then I told the wife she was free to overdraft her own account all she wanted, but any overdraft fees would be her problem. This made her so furious that this was one of the several catalysts that eventually blossomed into our divorce. All of these things are the kind of problems you’re exposed to when you combine finances with your traditional, monogamous wife. Is it worth it? Unless you enjoy pain and drama, no.

For you men over the age of 35 who want to settle down with a woman, you need to do an OLTR Marriage instead, where your finances are 100% legally and enforceably separate from hers. (Men under age 35 should not live with a woman they are romantic with, married or not. You’re not ready yet, for numerous reasons.) Note that I said legally and enforceably separate. Just moving in with your OLTR and keeping separate accounts isn’t enough. She can break up with you years later and complain to a judge that she needs financial assistance, and in our new left-wing world, she might get it. From you. The topic of exactly how to establish and maintain separate finances from your OLTR wife is a long and complicated one, so today I’ll summarize what I have done in my marriage to Pink Firefly. I will not be able to give you detailed financial specifics (read this if you want to know why) but I can give you a general overview. (I’ll have much more to say about this next year when I publish a book (or course) on Alpha Male 2.0 marriages.)

It’s important to understand that keeping legally, enforceably separate finances from your wife does not mean you just sign a few papers and then you’re all done. As many attorneys have closely advised me, you must maintain certain aspects of your financial life for the rest of your life in order to keep things legally, enforceably separate. Many men establish these financial barriers at the outset of their marriage or cohabitation, but later get lazy (as is so often the case with men in OLTRs) and stop doing what they need to do to keep things enforceable, and blow the entire thing.
So here’s what I did, and continue to do:

1. PF and I signed a shitload of paperwork, equivalent to an enforceable prenuptial agreement, drawn up by two different attorneys (one checked the work of the other), approved by PF’s own attorney (a legal requirement), notarized and witnessed. This was done two months before she moved in with me and over a year before we had our wedding. Doing all of this cost me $2500 in legal fees. If you think that’s a lot, I suggest you scroll back up and re-read the four problems men have in marriages when they don’t do this, and add up how much all that costs. That $2500 could easily save me well over a million dollars in the long-term, making it perhaps the the best $2500 I’ve ever spent. I paid it with a smile on my face.

2. Pink Firefly and I have nothing joint financially. We have separate checking accounts, cell phone accounts, cable bill, savings/investment accounts, business entities, and so on. The lease on the house is under my name, not hers (though she is on the lease as someone living in the house). Everything is either in her name or my name. There is literally nothing in both of our names, and never will be.

3. All of her bills are paid through her own accounts, and all of my bills are paid through mine. I don’t pay her bills through any of my accounts, nor the reverse.

4. If/when I want to give her money, I can, but there is a particular financial procedure under which I do so. (I can not describe it here. Sorry. Again, read this if you want to know why.) Some of you guys seem to think that you can’t take care of your wife financially in an OLTR Marriage, and this is incorrect. You can; it’s just a little more complicated.

5. My attorneys review my documents and financial practices once every two years (I’m about to do it next month) to ensure that A) the documents we signed are still legal and enforceable based on new laws that may have been passed, and that B) how I’m managing my finances isn’t screwing up legal enforceability.

6. I have several layers of legal and international asset protection, stuff no one will be able to touch, no matter what happens.

7. As those of you who read my other blog already know, I’m getting the hell out of the Collapsing USA in January 2021. I’ll still spend several months a year here, but I won’t live here, and I won’t have any assets here, and will have residencies and citizenships in several other countries. American laws won’t really concern me at that point (though I will still follow them while I am here; Alpha Male 2.0s can’t break the law). So if something horrible were to happen years down the road, I’ll be just fine.

I have to pause here and state that internationalizing your finance or doing five flags is not a requirement of Alpha Male 2.0 nor OLTR Marriage. It’s awesome, and it’s Alpha 2.0 to the extreme, but it’s not required. I’m just saying that I’m doing it, for many reasons I’ve discussed many times before at both of my blogs. I know what some of you are going to say; all of this seems complicated or too much work. Again, I invite you to scroll up and re-read the four things you’ll be in for if you combine your finances with a woman in the Western world and in the modern era. Nothing I have talked about is more complicated than regularly fighting with your wife over financial issues, going through a divorce, losing half your stuff, getting your financial life destroyed, paying alimony or going to jail, and/or dealing with angry banks, creditors, or the IRS. That’s what normal married guys go through, and since so many guys go through this crap, you now think it’s “normal.”

It might be normal, but it sucks, and you don’t want any part of that bullshit. It takes some work, but you get used to it. PF and I have been doing all of this for so long that it’s normal to us now. And remember what I said about marriage /cohabitation being only for men over 35. Younger guys shouldn’t do any of this stuff; you’ll fuck it up. Or just don’t move in with or marry a woman. That’s always an option too (though most men over 35 will eventually want to do this in some form or fashion). Want to talk to other guys working on Alpha Male 2.0? Join the new Alpha 2.0 Forums HERE and/or join the Alpha 2.0 Facebook Group HERE. They are both FREE to join!

I’m coming to a town near you in 2019 to do the least expensive Alpha Male 2.0 seminar I’ve ever done. I’ll be in 18 different cities in the USA, Australia, Canada, and Europe. If you want to come to a low-cost seminar to learn how to improve your financial and woman life, click HERE and get your tickets! The next cities coming up are Las Vegas, London, and Berlin! Alpha Male 2.0 World Tour 2019

One of the two pillars of an OLTR Marriage is that both parties have a legal, logistical, and enforceable barrier between their personal finances. (The other pillar is that you should be allowed to have sex with whomever you like, whenever you want, within a few simple ground rules. But that's a topic for another day.) Under a TMM model, a man legally combines all of his finances with his wife. Doing such a thing, regardless of how sweet, virginal, or nice she is, is an utterly insane proposition in today’s modern era for the following reasons:

1. When she eventually gets bored or irritated with you and divorces you down the road, or when you divorce her, or when she catches you cheating on her and then divorces you (and odds are higher than around 76% one of these scenarios will eventually occur), under community property laws, she will be “entitled” to receive half of all of your money, or more, in addition to the massive legal expenses you will incur. Have fun busting your ass, working for years, only to hand it over to a woman you’re not going to see anymore.

2. When you get divorced, she might be entitled to alimony payments from you on top of all that. And that will be on top of child support if there any children involved. Some guys seem to think that child support somehow replaces alimony, or that alimony and child support are the same thing. Ohhhhh no. She can easily get both. (Read this for more information.)

Alimony is especially likely if you make a lot more money than her or if she’s the stay-at-home wife many of you right-wingers fantasize about having someday. That stay-at-home wife is more likely to receive alimony from you post-divorce than a wife with her own income. You guys either don't understand this or tend to forget it. That’s why, if you stupidly insist upon having a TMM, it’s much better for you if your wife continues to work and earn her own income. If you encounter some kind of financial problem after the divorce and don’t pay the alimony, you will be arrested and thrown into jail. And the courts won’t give a shit about your reasons regardless of how legitimate they are. Sound fun?

3. Combining your finances with a woman isn’t just about getting divorced. During the marriage, if she screws up her credit, gets into trouble with loans or creditors, or has any problems paying her taxes, the government and/or creditors can, and often will go after you to pay her debts or back taxes. Even in those cases where you are not legally required to pay these things, it will take hours of your time to clean up, your credit report will be screwed up for years, and you may even have to pay attorneys thousands of dollars. I personally know two married men who had problems like this; they did nothing wrong but their financially incompetent wives screwed up with debts and/or taxes, the creditors went after the husbands, and the husbands went through all kinds of hell cleaning up the mess.. Have fun with that

4. If you share bank accounts with your wife, and most TMM husbands do, any screw-ups she causes with the bank are going to be things you will have to pay for and clean up. Back when I was traditionally married as a young beta male, I was like every other stupid husband and shared a few checking accounts with my wife at the time. I used the usual beta bullshit excuses about how it was more “convenient” to do this. My wife at the time would regularly whip out her debit card and just buy things without checking the balances of the accounts first. As you might expect, she would overdraft the checking accounts on a semi-regular basis.

Not only did this cause many serious arguments and emotional damage to our marriage, but over the course of several months/years, I spent literally thousands of dollars in overdraft fees because of this. One overdraft fee was easily $35, and if you have three or four that all come in at the same time, you get dinged for each one, all in the same evening. It adds up fast. Eventually, I received a letter from my bank declaring that since “my” accounts were being overdrawn so often, if it continued, they would permanently close the accounts and my name would go on a permanent watch list which would make things difficult for me to open bank accounts in the future. At that point, I had finally had enough. I closed down the accounts and started new separate accounts, each one in our own names. Then I told the wife she was free to overdraft her own account all she wanted, but any overdraft fees would be her problem. This made her so furious that this was one of the several catalysts that eventually blossomed into our divorce. All of these things are the kind of problems you’re exposed to when you combine finances with your traditional, monogamous wife.

Is it worth it? Unless you enjoy pain and drama, no. For you men over the age of 35 who want to settle down with a woman, you need to do an OLTR Marriage instead, where your finances are 100% legally and enforceably separate from hers. (Men under age 35 should not live with a woman they are romantic with, married or not. You’re not ready yet, for numerous reasons.) Note that I said legally and enforceably separate. Just moving in with your OLTR and keeping separate accounts isn’t enough. She can break up with you years later and complain to a judge that she needs financial assistance, and in our new left-wing world, she might get it. From you. The topic of exactly how to establish and maintain separate finances from your OLTR wife is a long and complicated one, so today I’ll summarize what I have done in my marriage to Pink Firefly. I will not be able to give you detailed financial specifics (read this if you want to know why) but I can give you a general overview. (I’ll have much more to say about this next year when I publish a book (or course) on Alpha Male 2.0 marriages.)

It’s important to understand that keeping legally, enforceably separate finances from your wife does not mean you just sign a few papers and then you’re all done. As many attorneys have closely advised me, you must maintain certain aspects of your financial life for the rest of your life in order to keep things legally, enforceably separate. Many men establish these financial barriers at the outset of their marriage or cohabitation, but later get lazy (as is so often the case with men in OLTRs) and stop doing what they need to do to keep things enforceable, and blow the entire thing.
So here’s what I did, and continue to do:

1. PF and I signed a shitload of paperwork, equivalent to an enforceable prenuptial agreement, drawn up by two different attorneys (one checked the work of the other), approved by PF’s own attorney (a legal requirement), notarized and witnessed. This was done two months before she moved in with me and over a year before we had our wedding. Doing all of this cost me $2500 in legal fees. If you think that’s a lot, I suggest you scroll back up and re-read the four problems men have in marriages when they don’t do this, and add up how much all that costs. That $2500 could easily save me well over a million dollars in the long-term, making it perhaps the the best $2500 I’ve ever spent. I paid it with a smile on my face.

2. Pink Firefly and I have nothing joint financially. We have separate checking accounts, cell phone accounts, cable bill, savings/investment accounts, business entities, and so on. The lease on the house is under my name, not hers (though she is on the lease as someone living in the house). Everything is either in her name or my name. There is literally nothing in both of our names, and never will be.

3. All of her bills are paid through her own accounts, and all of my bills are paid through mine. I don’t pay her bills through any of my accounts, nor the reverse.

4. If/when I want to give her money, I can, but there is a particular financial procedure under which I do so. (I can not describe it here. Sorry. Again, read this if you want to know why.) Some of you guys seem to think that you can’t take care of your wife financially in an OLTR Marriage, and this is incorrect. You can; it’s just a little more complicated.

5. My attorneys review my documents and financial practices once every two years (I’m about to do it next month) to ensure that A) the documents we signed are still legal and enforceable based on new laws that may have been passed, and that B) how I’m managing my finances isn’t screwing up legal enforceability.

6. I have several layers of legal and international asset protection, stuff no one will be able to touch, no matter what happens.

7. As those of you who read my other blog already know, I’m getting the hell out of the Collapsing USA in January 2021. I’ll still spend several months a year here, but I won’t live here, and I won’t have any assets here, and will have residencies and citizenships in several other countries. American laws won’t really concern me at that point (though I will still follow them while I am here; Alpha Male 2.0s can’t break the law). So if something horrible were to happen years down the road, I’ll be just fine. I have to pause here and state that internationalizing your finance or doing five flags is not a requirement of Alpha Male 2.0 nor OLTR Marriage. It’s awesome, and it’s Alpha 2.0 to the extreme, but it’s not required. I’m just saying that I’m doing it, for many reasons I’ve discussed many times before at both of my blogs.

I know what some of you are going to say; all of this seems complicated or too much work. Again, I invite you to scroll up and re-read the four things you’ll be in for if you combine your finances with a woman in the Western world and in the modern era. Nothing I have talked about is more complicated than regularly fighting with your wife over financial issues, going through a divorce, losing half your stuff, getting your financial life destroyed, paying alimony or going to jail, and/or dealing with angry banks, creditors, or the IRS. That’s what normal married guys go through, and since so many guys go through this crap, you now think it’s “normal.” It might be normal, but it sucks, and you don’t want any part of that bullshit. It takes some work, but you get used to it. PF and I have been doing all of this for so long that it’s normal to us now. And remember what I said about marriage /cohabitation being only for men over 35. Younger guys shouldn’t do any of this stuff; you’ll fuck it up. Or just don’t move in with or marry a woman. That’s always an option too (though most men over 35 will eventually want to do this in some form or fashion).[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

Want over 35 hours of how-to podcasts on how to improve your woman life and financial life? Want to be able to coach with me twice a month? Want access to hours of technique-based video and audio? The SMIC Program is a monthly podcast and coaching program where you get access to massive amounts of exclusive, members-only Alpha 2.0 content as soon as you sign up, and you can cancel whenever you want. Click here for the details.

Want over 35 hours of how-to podcasts on how to improve your woman life and financial life? Want to be able to coach with me twice a month? Want access to hours of technique-based video and audio? The SMIC Program is a monthly podcast and coaching program where you get access to massive amounts of exclusive, members-only Alpha 2.0 content as soon as you sign up, and you can cancel whenever you want. Click here for the details.
[xyz-ips snippet="comments"]