1204: The Case for Equal Parenting and How it Can Support Financial Equity

<p>In my latest installment of my monthly NextAdvisor column “<a href="https://time.com/nextadvisor">Closing the Gap</a>,” I cover the financial inequities divorced moms face after marriage. According to the <a href="https://www.census.gov/content/dam/Census/library/publications/2020/demo/p60-269.pdf">U.S. Census Bureau</a>, as of 2018, moms lead 80% of single-parent households as primary custodians—and often bear the brunt of financial obligations.</p><p>But if we believe that time is the great equaliser and that equality - particularly <em>financial</em> equality - between men and women is critical, then a move towards equal parenting time following a divorce could support that. There are, of course, cases where either partner isn't fit to spend time with the kids or there is a history of abuse or addiction. Every family situation is individual and there is no one-size-fits-all solution.</p><p>But my guest, Emma Johnson, founder of <a href="http://www.wealthysinglemommy.com">Wealthy Single Mommy</a> and a divorced mother of two children, is a vocal champion for the assumption of 50/50 parenting, making appearances in the media and state capitols to share her evidence that joint custody can help support financial equality between parents. This episode shares her perspective.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>