by Dr Boyce Watkins
In this episode of Financial Lovemaking, Ebony Magazine’s S Tia Brown and I discuss the interesting case of Trina Braxton, sister of singer Toni Braxton. Apparently, Trina is engaged in a pretty ugly divorce battle with Gabriel Adrian-Solis. The end of their 10 year marriage is fairly standard as far as celebrity relationships go, but there is an interesting financial twist: He wants half.
This leads to an interesting Financial Lovemaking conversation about what it means to be in a “modern relationship” where both men and women may want access to their partner’s wealth. Also, there is the ugly reality that children can be perceived by some of us to be financial assets as much as anything else. In fact, having a child with the right person can set you up for life, and there are quite a few people whose children have become their primary source of income. Many of these people are men.
Trina’s case is interesting because her two children are from a previous relationship. However, her children are very close to her husband, which may give him custody rights in the court of law. Beyond the children, there are additional complications to consider not just in this relationship, but in all possibilities that any of us might face within the context of normal life.
Our view is that entering into a relationship with another person is a lot like starting a business. If you choose your partner in a sloppy or haphazard way, you may come to regret it if things go wrong. Not to say that Trina could have predicted any of this when she chose to get married, but there are certainly lessons we can all learn from many of these fallen relationships. One thing that Tia and I suggest is that when considering who you want to merge your life with, ask yourself, “If things go bad, what’s it going to be like to be in a relationship with this person?” The person who treats you so well today may eventually become your worst enemy. So, it’s incredibly important to know what you might be getting yourself into.
The cases of Halle Berry, Sherri Shepherd and others are reminders of the risks we take when entering into long-term relationships. By choosing the wrong partner and creating the wrong situations, we may significantly disrupt our efforts to obtain our own Financial Juneteenth.
It’s an interesting discussion. I hope you enjoy it.