Edmund Andrews’s NY Times Magazine article (confessing to having fallen victim to crazy consumer and mortgage debt despite being a financial reporter) is brave and powerful, as many people have written. But I did also have a variant of the reaction Megan McArdle writes of having today, after reading Andrews’s book: not wow, getting a mortgage is risky but wow, getting divorced is risky. No moral opprobrium falls on Andrews here — nobody knows what goes on inside someone else’s marriage; relationships fall apart. And one has to avoid the temptation to distance oneself from someone else’s mess by blaming them (for something you imagine will never happen to you). Still, reading the piece was another little reminder to do something nice for my wife this week. Whatever emotional and practical investments you can make in your marriage to keep yourself and your partner happy are likely to pay off in spades, both emotionally and practically.
Or in the words of financial guru Neil Young, “Try to be sure right from the start… because if your world should fall apart…”
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