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Nigella Lawson and the High Cost of divorce

Celebrities

Nigella Lawson Eats A Banana
Nigella Lawson Eats A Banana (Photo credit: Kaptain Kobold)

Heartache and heartbreak are hard enough to endure but imagine having to go through the loss of a relationship while the world looks on. Such is the high price of celebrity divorce and the latest victim is the beautiful and talented television chef, Nigella Lawson. Shocking photos of Nigella apparently being choked by her husband, Charles Saatchi, surfaced in the media following the June 9th dinner at Scott’s restaurant in Mayfair, London, where the incident occurred. Saatchi’s advisors urged him to humble himself and admit a public apology for the assault. Saatchi denied any wrongdoing, saying he never assaulted her and in fact, was actually removing mucous from his wife’s nose. Nigella was stunned by the admonition of “nose-picking” and his refusal to apologize. She left Saatchi and their family home in Chelsea.

The two sides continued to disagree about the pictures; Saatchi claiming it was just a “playful tiff” and Lawson hurt and humiliated by the public’s assumption of her as victim of domestic violence and her husband as her tormentor. Insult was added to injury on July 7th, when Saatchi announced his intent to divorce his wife in the media instead of directly to her. Lawson, who had been waiting for a public apology, was blind-sided by his cruel divorce announcement. Lawson and Saatchi have been married for 10 years; Saatchi has claimed that the couple had become “estranged” the last few years. Saatchi claims that he had no choice but to act publicly since his wife “failed to defend” him with a statement to the media. In fact, Lawson has remained silent at the advice of her publicist so as not to further affect their children. Lawson (53) and Saatchi (70) have three teenage children from previous marriages that they were raising together.In addition to the “he said, she said” controversy, Lawson and Saatchi will have to fight over $150 million in shared assets, including their $12 million Chelsea, West London home. Both brought substantial assets into the marriage. Charles Saatchi is worth $100 million from the high-profile, highly-successful New York advertising firm, Saatchi and Saatchi. Nigella Lawson is a celebrity chef, bestselling author and television star with a net worth of $15 million. By the time lawyers for both sides duke it out in court and attempt to untangle the shared assets, those net worths will be considerably less.But it’s not just a monetary cost to this celebrity divorce. Saatchi had grown increasingly resentful of his wife’s high-profile career that he helped established. It’s a common theme in celebrity couples; one partner becomes the higher earner or the more recognized celebrity and the other gets bit by that green-eyed monster, jealousy. In Nigella’s case, there is the public humiliation at the hands of someone she loves to endure. It seems that Saatchi is determined to do whatever he can to make her suffer in the media. And then there are the children; children always suffer in a divorce. It can be lessened when parents work together to keep it private and amicable. But it’s incredibly painful to have your lives dragged through the media. In this case, it is Nigella and Saatchi’s children that are paying the ultimate price.

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Link Roundup

Misc

Wrestling season is finally over.    Q1 is always such a busy time in my house.   Now, spring has sprung and it’s time to start enjoying the weather.

On to the links.

Finance:

Here’s an intro guide to settling IRS debts.

Only someone who’s never had to deal with the full default process could think this was a good idea.  The Department of Education outsources its collections for a reason.  Eliminating private lenders will raise the students’ costs and eliminate options for troubled debtors.  Yes, I worked in the industry for several years.

The Guide to Buying Glasses Online.   I currently have 6 pairs of glasses that cost me  a grand total of $150, with no loss in quality.

PenFed:  Credit cards done right.

Not finance:

This is the coolest picture I’ve seen this year.  Space pics for under $1000.  NASA could take lessons, I think.

I miss the days when napping was possible.

38 Random Acts of Robyn. I’m thinking about incorporating this as a 30 day project.

Lawdog has a great idea to fix the problems with our legislature.  It’s a beautiful Constitutional Amendment.  If they have to play by the rules they set, the might start setting better rules.

“Only excepting such limited protection as offered by Article One, Section Six, Congress is hereby prohibited from exempting its Members from each, any, and all effects, duties or obligations rendered upon any citizen, or citizens, by any Law, Tax, or other action passed by Congress.”

Kris Jenner’s $125 Million Divorce

Celebrities, Gossip

In what could end up being an incredibly expensive divorce, Bruce and Kris Jenner, of “Keeping up with the Kardashians” fame have announced that their separation will be permanent. Reports suggest that the couple had no prenuptial agreement and that 125 million dollars is on the line. In California, anyone who decides to get divorced without a prenup will split assets right down the middle.

LOL Just divorced. And no, that's not my car.
LOL Just divorced. And no, that’s not my car. (Photo credit: Wikipedia)
Bruce Jenner found fame in the 1970s when he attended the Montreal Olympics and won a gold medal in the decathlon event. After that momentous achievement, Bruce was able to set up licensing and endorsement deals that netted him millions of dollars. In the decades after the marriage, Bruce’s star began to fade as he started eschewing his motivational speaking career in favor of staying at home, to raise the two children that came from the marriage.By the time Kris married Bruce in 1991, she’d just divorced famous defense lawyer Robert Kardashian after a marriage that lasted about 13 years. She already had 4 children by the time she married Bruce that year. It wasn’t until 2007 when daughter Kim’s infamous “sex tape” hit the airwaves that the family started skyrocketing to fame, and the fortune started to grow.

Rumors suggest that Bruce wasn’t enthusiastic about his permanent role as sidekick to his wife and that he wasn’t allowed to help with any major decisions impacting the family.

Although a joint media statement from the former couple suggests that the split was “amicable,” it’s difficult to believe that two decades of marriage and a 125 million dollar fortune would just end with a friendly split. What seems clear from rumors and reports about the couple; however, is that there was no specific event which pushed the couple apart.

In their statement, the soon-to-be divorced couple said:

“But we will always have much love and respect for each other. Even though we are separated, we will always remain best friends and, as always, our family will remain our number one priority.”

In addition, sources also suggest that the reality television empire won’t come screeching to a halt. Interestingly, soon after the news broke that Bruce and Kris would be separating, Bruce and some of the couple’s children were seen at a golf course. When the family noticed a paparazzi taking a picture from across the green, the Jenner family each flipped the bird to the photographer while each had a huge smile on his or her face.

Interestingly, it seems that Kris was the first to take her wedding ring off after the divorce announcement while Bruce was photographed still wearing his ring.

There haven’t been any reports of infidelity or abuse between the couple and many of the anonymous sources who have come out to offer insight on the divorce have said that the split was a long time in coming. Bruce was already staying at a rental property for several months at the time of the divorce announcement and hadn’t been living inside the Kardashian compound in Calabasas for some time.

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30 Day Project – January

Misc

This month, I have two 30 Day Projects.

My first project is to start waking up at 5am.   This will add an extra 90 minutes to my day, which will give me time to manage all of my other 30 day projects.   I’ll be able to wake up to a quiet house, walk the dog, eat breakfast and not start every day in a rush to get out of the house.  Today was my exception.  After watching 2010 arrive, I didn’t get up early.

The second project is to start reading to my children every night before bed.  We read to the kids often, but not every day.  That’s going to change.  We are also working on breaking the girls of the family bed.  If I can read them to sleep each night, it will help.  Good, educational family time that makes it easier to sleep every night.

These are both habits I want to keep long after the month is up.

Back to Cash

Finance

It appears that I can’t be trusted with a credit card.

Credit Card
Credit Card (Photo credit: 401K)

At least, not a credit card that gets used for our regular shopping.

Over the past few months, our spending has slipped past our budget by more than I like.   The problem appears to be that it’s really easy to toss “just one more thing” in the cart when there’s no hard limit on how much is available to spend at the register.

If you do that a few time, it’s easy to find yourself $1000 over budget.

Ouch.

If it weren’t for my side hustles, we’d have been growing our debt recently.

As of the beginning of this month, our credit card has once again been relegated to automatic bills, the gas station and online purchases.

No more groceries, no more scrapbooking stuff, and no more restaurants.

I would have done this  sooner, but we were so far over budget that I didn’t have the cash to yank out all at once to cover our month’s expenses.  We ended last month at a good place, so I went for the clean break and withdrew all of our day-to-day spending on the first.  When I got home, it went straight into envelopes so we know what we’ve got to spend this month.

Bye-bye, credit cards!

 

 

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