Live Real, Now

The no-pants guide to spending, saving, and thriving in the real world.

Search Results for: slow-carb-diet-how-to-avoid-going-bat-crazy/what-happens-when-you-save/INGDirect/living-the-xbox-life-on-an-atari-income/medical-costs-and-choices/contact-me/a-budget-isnt-enough/first-3-things-to-do-in-the-new-year

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.

Related articles
Enhanced by Zemanta

Twitter Weekly Updates for 2010-05-22

Misc

Vacation, Shmaycation, Staycation?

Finance, Parenting

Indoor kart racing
Image via Wikipedia

Last week was our family vacation.   This year, we decided to keep it cheap, since we raided our savings a few months ago to cover my son’s vision therapy.

Here’s what we did:

Friday (Yes, I started vacation on a Friday): My wife worked a half day, then we drove to visit my parents, roughly 120 miles north of our house. $110 for gas, round-trip, and $10 for drive-through lunch. $120 total.

Saturday:  We went to the county fair and Dairy Queen.  $18 for admission.  $30 for ride tickets.  $35 for food and ice cream.   The ride tickets were totally worth it.   My son and I discovered that he can handle the fun rides, which thrills me.  $83 total.

Sunday: We had a picnic at the bottom of Inspiration Peak, the third highest point in Minnesota, followed by a hike to the top.   That evening, my brother, his wife, my wife, and I tricked my parents into babysitting and escaped for several hours of adult time.     After a couple of overpriced drinks at a crap restaurant, we went somewhere nicer and cheaper.   A nice dinner, a few drinks, and a round of drunken go-karts later, we spent $90 for the evening.

Monday:  Back to the go-kart park for the afternoon, and the return drive home in the evening.  The go-kart park included 3 rounds of go-karts, mini-golf, and a round of bumper boats.  $40.

Tuesday:  A hands-on kids museum, a natural history museum that was hosting a portable planetarium, and a teppenyaki restaurant.  We used museum passes for the museums, so this cost a total of $160.   By far, the most expensive part was the restaurant.  The museums cost a combined $30.

Wednesday: We spent the day at the Monster Mall’s indoor theme park, Nickelodean Universe, where we tested my son’s ability to handle the fun rides for $70.   Then we ate at the Rainforest Cafe for $116, and we got my wife’s anniversary present, a family portrait at an “old time” photo studio.   We chose a 1920s theme.  I must say, I look dashing in a zoot suit.   $260 total.

Thursday:  My wife had to work on Thursday because she was short of vacation time, so I had the brats to myself.  We went to a pick-your-own apple orchard where we picked a large bag of apples, a bottle of real, locally-made maple syrup and 3 cookies-on-a-stick.   Afterwards, Brat #1 and I went to a Chinese buffet and the comic book store while the women-folk went to a saddle-club meeting. $60 total.

Friday:    We had a fried chicken picnic at the largest playground in the area, and otherwise took it easy.   $12.

Saturday:   On Saturday, my girls rode in a horse show for the saddle club while my wife put in her volunteer work hours.   Registration and the food for the potluck ran $40.

Sunday:  I had to teach a gun class, so I made money, instead of spending it.   My wife and kids played around the house.

Total, our vacation cost us $865, for 10 days of memories.   If we would have skipped the restaurants, it would have cost $465, but we wanted those experiences, too.   Our vacation fund has $906 in it, so we did all right.

Enhanced by Zemanta

Insane Incentives

Parenting

Spring is in the air.

Standardized Test
Standardized Test (Photo credit: biologycorner)

At my son’s school, that means it’s time for the Minnesota Comprehensive Assessment tests.  These are the standardized tests created by the No Child Left Behind Act that determine if a school is doing its job in educating children.  If too many kids have lousy scores, the school gets put on the “Adequate Yearly Progress” list and will eventually get penalized financially.

That creates a perverted incentive in the school system.   The main metric for a publicly-funded school’s success in Minnesota is the MCA.  If a school can churn out illiterate trench-diggers, they will get increased funding as long as the test scores are good.

For a full two weeks before this test, the school effectively shut down the education program to prepare for the MCA test.   That’s two weeks of studying for a set of standardized tests that focus on reading, writing, and arithmetic.  I’m a fan of schools prioritizing the three Rs over other subjects, but that’s not what they did.

They spent two weeks studying testing strategies, not the material contained in the test.

In science class, they covered essential scientific elements like “Answer all of the easy questions first, so you can go back and spend time on the hard ones later.”

Spanish class covered verb usage similar to “When the time is almost out on the test, answer ‘C’ for all of the hard questions you have left, que?”

They weren’t being educated, they were learning the most effective way to solve a test to gain funding for next year.

For 2 weeks.

That’s not reading practice, or reviewing the parts of speech, or covering the necessary math skills.   It’s “This is a #2 pencil.  This is a circle.  Practice until lunch.”

Is this really what NCLB was trying to accomplish?   Standardized tests to measure school proficiency should be a surprise.   Let’s randomly send in test proctors to take over a school for a day and see what the kids have actually learned.

Enhanced by Zemanta

Credit Peril

Finance

When my mother-in-law died, we went through all of her accounts and paid off anything she owed.

The Discover card she’d carried since the 80s–a card that had my wife listed as an authorized user–had a balance of about $700.  We paid that off with the money in her savings account.  They cashed out the accumulated points as gift cards and closed the account.

A few months ago, we decided it was time to buy an SUV, to fit our family’s needs.   We financed it, to give us a chance to take advantage of a killer deal while waiting for the state to process the title transfer on an inherited car we have since sold.

Getting good terms was never a worry.  Both of us had scores bordering on 800.   Since our plan was to pay off the entire loan within a few months, we asked for whatever term came with the lowest interest rate.

Then the credit department came back and said that my wife’s credit was poor.  I chalked it up to a temporary blip caused by closing the oldest account on her credit report and financed without her.  No big deal.

Since we decided to rent our my mother-in-law’s house, we’ve discussed picking up more rental properties.   That’s a post for another time, but last week, we went to get pre-approved for a mortgage.    During the process, the mortgage officer asked me if my wife had any outstanding debt that could be ignored if we financed without her.

Weird.

A few days ago, we got the credit check letter from the bank.   Her credit score?  668.

What the heck?

I immediately pulled her free annual credit report from annualcreditreport.com, which is something I usually do 2-3 times per year, but had neglected for 2012.

There are currently two negatives on her report.

One is a 30 day late payment on a store card in 2007.   That’s not a 120 point hit.

The other is an $8 charge-off to Discover.  As an authorized user.  On an account that was paid.

Crap.

We called Discover to get them to correct the reporting and got told they don’t have it listed as a charge-off.   They did agree to send a letter to us saying that, but said they couldn’t fix anything with the credit bureaus.

Once we get that letter, it’s dispute time.

 

Enhanced by Zemanta

Carnival Roundup: Sick

Finance

Last Friday, my youngest daughter woke me up at 3AM by puking in my bed.  Saturday, my son came down with a fever that we discovered on Wednesday was part of a nasty sinus infection.    Sunday, my wife appeared to catch the flu that she was kind enough to share with me on Tuesday.   Thursday, my youngest caught a horrible cold that’s had her coughing hard enough to feel nauseous.  Only my six-year-old has escaped unscathed.

Live Real, Now was included in the following carnivals recently:

Lifestyle Carnival hosted by Money Master Mom

Carnival of Money Pros hosted by Family Money Values

Carnival of Retirement #59  hosted by Midlife Finances

Yakezie Carnival hosted by My University Money

Carnival of Money Pros      hosted by The Happy Homeowner

Carnival of Retirement #61  hosted by Free at 33

Yakezie Carnival hosted by Debt Black Hole

Carnival of Financial Camaraderie #71 hosted by Debt Round Up

Carnival of Retirement #60  hosted by Master the Art of Saving

Yakezie Carnival hosted by NZ Muse

Carnival of Money Pros hosted by Money Reasons

Lifestyle Carnival hosted by Vanessa’s Money

Carnival of Financial Camaraderie #69 hosted by Savvy Scot

Yakezie Carnival   hosted by The Frugal Toad

Lifestyle Carnival   hosted by Savvy Scot

Carnival of Money Pros hosted by Drop That Debt

Carnival of Retirement #56 hosted by Making Sense of Cents

Y & T’s Weekend Ramblings  hosted by Young & Thrifty

Yakezie Carnival  hosted by The Amateur Financier

Lifestyle Carnival  hosted by Free at 33

Yakezie Carnival   hosted by KNS Financial

Carnival of Money Pros   hosted by The Ultimate Juggle

Lifestyle Carnival  hosted by Blue Collar Workman

Y & T’s Weekend Ramblings  hosted by Young & Thrifty

Finance Carnival for Young Adults  hosted by 20s Finances

Carnival of Money Pros    hosted by Cash Net USA

Carnival of Financial Camaraderie #66 hosted by Vanessa’s Money

Carnival of Retirement #53 hosted by Good Financial Cents

Thanks for including my posts.

Get More Out of Live Real, Now

There are so many ways you can read and interact with this site.

You can subscribe by RSS and get the posts in your favorite news reader.  I prefer Google Reader.

You can subscribe by email and get, not only the posts delivered to your inbox, but occasional giveaways and tidbits not available elsewhere.

You can ‘Like’ LRN on Facebook.   Facebook gets more use than Google.  It can’t hurt to see what you want where you want.

You can follow LRN on Twitter.   This comes with some nearly-instant interaction.

You can send me an email, telling me what you liked, what you didn’t like, or what you’d like to see more(or less) of.   I promise to reply to any email that isn’t purely spam.

Have a great weekend!