Thursday, September 06, 2007
I read The Miami Herald column on Shaq filing for divorce and thought, "Wow, was Shuunie smart enough to be minding the finances while Shaq was minding the game?"
If so, I thought to myself, good for her. How many women who bring home the bacon know intimately about their family finances? I'd make an educated guess that the majority don't. Whether your are male or female, the worst thing you can do is to ignore money matters while you're married.
Here's what Shaq alleges in the court documents: Shaunie, he says, has been ''secretive about her assets . . . particularly with respect to certain properties owned or titled in either [her] name alone or in other entities.'' He wants the court to order Shaunie to give a ''correct accounting of all money, funds, stocks, bonds, and other securities (including bearer securities)'' that she came into during the marriage.
It looks like Shaq is learning the No. 1 financial mistake most women make: Nothing makes you more vulnerable than ignoring money matters while you're married.