What has feminism got to do with financial independence?
Well…quite a lot actually. The Escape Artist knows a lot of complicated shit about finance. I don’t usually include it in my blogposts but today I’m gonna start with some advanced level stuff:
All else being equal, a couple that both work are likely to earn more than a couple where one of them is at home chained to the kitchen sink
I know! With content like this, it’s no surprise that The Escape Artist was recently voted second best finance blog in THE ENTIRE UNIVERSE by my Mum (she prefers Mr Money Mustache).
You may say this is obvious…but during my career, I noticed that some (mostly high-earning) males didn’t want their partner to work. Some wanted the convenenience of a permanently stocked fridge and well-ordered household. Some probably wanted the sole title of breadwinner to boost their ego / self-identity. I guess this is OK if you’re earning mega-bucks and both partners agree that’s what they want.
But generally, if you’re interested in financial independence, you’re gonna want both members of your partnership contributing to household income. For people in the accumulation phase, The Escape Artist says:
All other things being equal, the more your partner earns the better
This may seem obvious…but its surprising how many people don’t see it. A female friend once suggested to The Escape Artist that he “wouldn’t be able to handle it” if he was out-earned by a woman he was going out with. Not true! The Escape Artist would have been DELIGHTED to be out-earned by a girlfriend / wife.
That’s not just some theoretical point….its been the reality for much of the last 3 years. Those 3 years have seen my income fall off a cliff as my former employer seized on the