Tuesday, October 6, 2009

"I thought it was 'our' money?"

Kate, from the popular show Jon and Kate Plus 8, was interviewed from the Today show and was in tears after finding out that her estranged husband emptied $230,000 of the $231,000 out of their joint bank account. That is exactly why I don't think join accounts are smart. Nothing lasts forever and when you split, it's not always on good terms. "Financially, the kids are protected. They have the fund that I set up for them," Kate told "Today" host Meredith Vieira. "That was my long-term goal. It is secure and substantial ... and it is safe. I had the presence of mind to start that on my own." Kate was very upset during this interview and took the loss of money hard. She definately didn't have much good stuff to say about Jon. "He has gone way far off the trail," she said. "Obviously, I am very upset. I can't sleep at night. I can't pay my bills. I think he's receiving bad advice. I think he's making bad decisions."

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