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

In my latest installment of my monthly NextAdvisor column “Closing the Gap,” I cover the financial inequities divorced moms face after marriage. According to the U.S. Census Bureau, as of 2018, moms lead 80% of single-parent households as primary custodians—and often bear the brunt of financial obligations.But if we believe that time is the great equaliser and that equality - particularly financial 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.But my guest, Emma Johnson, founder of Wealthy Single Mommy 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.Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open! Hosted on Acast. See acast.com/privacy for more information.