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Kris Jenner’s $125 Million Divorce

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.

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.

Twitter Weekly Updates for 2010-04-17

Misc

RT @kristinbrianne: Get Talk and Txt Unlimited Cell Svc w/ Free Phone for $10 per month by joining DNA for Free. http://tinyurl.com/yyg5ohn #
RT: @ChristianPF is giving away an iPod Touch! – RT to enter to win… http://su.pr/2LS3p5 #
74 inch armspan and forearms bigger than my biceps. No, I don't button my shirt cuffs. #
RT @deliverawaydebt Money Hackers Network Carnival #111 – Don't Hassel the Hoff Edition http://bit.ly/9BIAvE #
@bargainr What would it take to get you to include me in the personal-finance-bloggers list? #
Working on a Penfed application to transform my worst interest rate into my best. #
Gave the 1 year old pop rocks for the first time. Big smiles. #
@Netflix @Wii disc works well and loads fast. Go, go gadget movie! #

The Magic Toilet

Finance

: Image by tokyofortwo via Flickr

My toilet is saving me $1200.

For a long time, my toilet ran. It was a nearly steady stream of money slipping down the drain. I knew that replacing the flapper was a quick job, but it was easy to ignore. If I wasn’t in the bathroom, I couldn’t hear it. If I was in the bathroom, I was otherwise occupied.

When I finally got sick of it, I started researching how to fix a running toilet because I had never done it before. I found the HydroRight Dual-Flush Converter. It’s the magical push-button, two-stage flusher. Yes, science fiction has taken over my bathroom. Or at least my toilet.

I bought the dual-flush converter, which replaces the flusher and the flapper. It has two buttons, which each use different amounts of water, depending on what you need it to do. I’m sure there’s a poop joke in there somewhere, but I’m pretending to have too much class to make it.

I also bought the matching fill valve. This lets you set how much water is allowed into the tank much better than just putting a brick in the tank. It’s a much faster fill and has a pressure nozzle that lies on the bottom of the tank. Every time you flush, it cleans the inside of the tank. Before I put it in, it had been at least 5 years since I had opened the tank. It was black. Two weeks later, it was white again. I wouldn’t want to eat off of it, or drink the water, but it was a definite improvement.

Installation would have been easier if the calcium buildup hadn’t welded the flush handle to the tank. That’s what reciprocating saws are for, though. That, and scaring my wife with the idea of replacing the toilet. Once the handle was off, it took 15 minutes to install.

“Wow”, you say? “Where’s the $1200”, you say? We’ve had this setup, which cost $35.42, since June 8th, 2010. It’s now September. That’s summer. We’ve watered both the lawn and the garden and our quarterly water bill has gone down $30, almost paying for the poo-gadget already. $30 X 4 = $120 per year, or $1200 over 10 years.

Yes, it will take a decade, but my toilet is saving me $1200.

How Much Should You Tip?

Finance

: Image by cemre via Flickr

This post from CNN Money has been making the rounds. I’m getting into the game today.

With the holiday season upon us, tipping the people you work with is a tradition in some cases and actually expected in others. Here’s what CNN came up with and my take:

Housekeeper. We don’t have one. I’d think $75-100 would make a nice tip/Christmas bonus. I seem to be more generous than average with my imaginary maid. Maybe that’s because of the outfits she wears.
Gardener. Once again, we don’t have one. Even if we did, I live in Minnesota and have close to a foot of snow over the patch of weeds I call my garden. If I did have a gardener, I wouldn’t have seen him for a few months by now, anyway. $0!
Mail carrier. I’ve only met my mail man a dozen times and I’ve never considered giving him a Christmas present. Do people really do that?
Barber. I don’t have one any more. My wife has started doing my hair for me. When I did, I tipped about 25%, but again, I wouldn’t think about a Christmas present. I only saw him quarterly. I don’t think my wife has a regular stylist either. She’s just got a shop she goes to and gets whoever is available. Is there holiday tipping protocol for that?
Garbage collector. No way. Really? I don’t know that I’ve seen the same guy twice. Am I supposed to give a present to the anonymous, interchangeable union guy that drives past my house every Friday?
Newspaper carrier. One night, twelve years ago, while my wife was still working graveyard shifts, she had a hard time sleeping on her nights off. That’s natural for 3rd shift workers. At about 4AM, she was watching TV and saw someone run past the window. Scared, she came to wake me up. I handed her the phone to call the police, while I grabbed the only thing I had for self-defense and went to investigate. I ran out on the front step–in my boxers, carrying a sword–and saw someone lurking in the neighbor’s yard across the street. I yelled, “Y0u don’t belong here!” only to hear “I’m delivering the paper!” That’s when I start tipping the newspaper carrier. I stopped when we canceled our subscription a few years later. Who needs a dead tree in the morning, when there are a million news sites on the internet?

If the majority of people are giving Christmas bonuses to that many people, and are as generous as the article suggests, then I fall far to the loutish end of the bell curve. I am planning to give my virtual assistant 1/12 of the pay he’s earned this year, so that should make up for some of it, but that is an ongoing business relationship.

How do you compare when it comes to holiday tipping?

The Secret to Fearless Change

Life, Parenting

Put one foot in front of the other
And soon you’ll be walking cross the floor
Put one foot in front of the other
And soon you’ll be walking out the door

You never will get where you’re going
If you never get up on your feet
Come on, there’s a good tail wind blowing
A fast walking man is hard to beat

Put one foot in front of the other
And soon you’ll be walking cross the floor
Put one foot in front of the other
And soon you’ll be walking out the door

If you want to change your direction
If your time of life is at hand
Well don’t be the rule be the exception
A good way to start is to stand

Put one foot in front of the other
And soon you’ll be walking cross the floor
Put one foot in front of the other
And soon you’ll be walking out the door

If I want to change the reflection
I see in the mirror each morn
You mean that it’s just my election
To vote for a chance to be reborn

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.

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