43 responses

  1. Lisa @ Cents To Save
    December 14, 2011

    The Kardashian girls are all publicity hungry no talent twits. They will continue with their antics as long as people keep watching the show.

    • YFS
      December 14, 2011

      Ouch! That is a very strong opinion. I take it they are not your favorite reality t.v stars :-). How do you feel about her marriage and divorce? Do you think the economy benefited?

  2. Jonny
    December 14, 2011

    YFS, I have a new post in my site on "Does God Hate Divorce?" Need your comments.

    Cheers!!

    Jonny

    • YFS
      December 14, 2011

      Went to your website and didn't see that post. But, I'm doubt god or any diety for that matter hates anything a human does.

  3. John@MoneyPrinciple
    December 13, 2011

    In this case, it probably is good for the economy but not good for society and particularly for children.

    I am not saying people shouldn't get divorced if the marriage has broken down but there are long term effects sometimes on and offspring. Yes they may have two homes, two sets of holidays (all of course good for the economy), new step-persons etc but it can be very disturbing for them because the people they believed in unconditionally are at each other's throats or something like that – or worse one parent walks away and never sees his or her child. The economic cost of this also has to be considered.

    Now if you want something that is good for the economy, I give you war. Not perhaps for the military who may be killed or injured but for industry and everything except for holidays in the warring parties countries ……

    • YFS
      December 13, 2011

      You're 100% correct war is big business. War has pulled America out of a lot of economic slumps. But, it seems the one America is in now is more of a drain on the U.S economy than a boost to it.

      • John@MoneyPrinciple
        December 14, 2011

        That's probably because 10 years down the line, no-one's heart is still in it, not the people nor the 'leaders'. Nothing disastrous has happened since 9/11 and people just want to get on with their lives.

        Of course we don't know what would have happened if nothing had been done – would they have gone from bad to worse? Or fizzled out? Would the Moslem world grappled with this cancer in their midst instead of burying it head in the sand and blaming everyone else?

        And 10 years is a long campaign. This of course is Al Qaeda's waiting game – they have time on their side but maybe not. The recent uprisings in Egypt, Tunisia, Libya and so on may mean that the penny has dropped and that part of the world will turn on the main causes of their impoverishment – their leaders and their alternatives. For this at least they have to thank the west for the technology!

        It's similar over here I think. Except we have continued political blame game because of equipment and stuff – maybe you do too….

        'Nuff said really – you were posing a question about celebrity divorce!

  4. Ultimate Smart Money
    December 13, 2011

    Divorce is of course just bad but I agree that it can help the economy just because it costs a lot of money to get a divorce. As people spend money even in divorces, they are putting money into the economy. Divorce lawyers for example makes ton of money in helping people go thru divorces.

    • YFS
      December 13, 2011

      What's so bad about divorce? Do you think there should be a years married requirement before one can get a divorce?

  5. Jonny
    December 13, 2011

    Complete wastage of Money!! and good for gossiping… lolz

    • YFS
      December 13, 2011

      Gossiping and reality T.V. is big business! If you were Kris Humphries would you go through with marrying Kim Kardashian? What do you think he got out of the deal?

  6. funancials
    December 13, 2011

    I never thought about the hotel industry benefiting from divorce but it makes sense. I was more thinking of bars, restaurants, and the alcohol industry directly benefiting. As collectively wealthy as they are, couldn't they both be classified as unemployed just a few short months ago?

    • YFS
      December 13, 2011

      I would hope they wouldn't be classified as unemployed. The Kardashians have an empire and as crazy as it sounds.. Kim K is a savvy business person. As far as Kris Humpries, he was out of work shortly.. but when you get Millions a year to play 82 basketball games and to be in shape. Life isn't too bad.

      There are tons of industries that benefit from weddings and divorces I curious if a study exists to highlight them all.

  7. Marie at FamilyMoney
    December 13, 2011

    This is an interesting way to work in some SEO traffic….

    • YFS
      December 13, 2011

      Hahahah…. I didn't even think of that. I tried to spin a hot topic into a actual financial discussion. But, hopefully it works. My search engine traffic is horrible according to Google. I hope this post boosts that a bit.

    • Geoff
      March 14, 2012

      Divorce might be good for the economy but it would be a happier world with fewer divorces taking place. The lawyers must be smiling though, their services are in big demand. As for celebs, many view marriage way too lightly.

      • YFS
        March 14, 2012

        Why do you think the world would be happier?

  8. Shaun @ Money Cactus
    December 13, 2011

    Divorce is good for certain industries, but none of them are generally good. I really don't follow the tabloids and have next to no knowledge about the Kardashian's but from what I can tell it was just another trick to raise the profile of someone that really shouldn't matter.

    • YFS
      December 13, 2011

      I agree the wedding was a marketing ploy. A marketing ploy that worked! She is more popular than ever now.

      Why do you think divorce is only good for bad industries? Lawyers, accountants, cities/states all are involved. Is there anything in particular about the aforementioned benefactors that is bad?

  9. PKamp3
    December 12, 2011

    My wife seems to like her, but she does seem to be famous for picking the right family. Her father, of course, was on the OJ Simpson trial, and her step father is a gold medalist. Why she married perhaps the 8th best player on the Nets is beyond me.

    • YFS
      December 13, 2011

      She was married before to someone relatively unknown. It was awkward to have a wedding with Kris Humphries of all people. She could have picked a more popular player for this experiment. What are you thoughts on Marriage/Divorce being good for the economy?

      • PKamp3
        December 13, 2011

        Pretty indifferent, to tell the truth. No one has ever confused me for a hopeless romantic, but it was important for me to have a traditional wedding (the Catholic boy inside of me?).

        Regardless, more divorces means more remarriages, which means more exuberant spending – I was there, recently. It's better that that money circulates through the economy then sits in a star's bank account, but even that is stimulative because the bank can use it to make loans.

        However, I would say that more marriages is a net positive – especially if Kim can start some new, expensive, wedding traditions. Maybe we can have a wedding bubble?

      • YFS
        December 13, 2011

        Weddings have always been a bubble! People spend tons of money, myself included for 1 day. That 1 day of ridiculous spending doesn't even make your union better.

  10. cashflowmantra
    December 12, 2011

    I try not to waste more than about half a brain cell thinking or caring about the Kardashian clan, although I must admit that I had no idea who Kris Humphries was prior to this wedding. Now I know he is in the NBA, but I still don't care.

    • YFS
      December 13, 2011

      Hahha.. dang she can't even get 1 half a brain cell. I only used her because her wedding was very popular. Heck, I could have used any married/divorce person for my example. What are your thoughts on Divorce being good for the economy? Do you believe Divorce has a positive impact?

  11. Shaun @ Smart Family
    December 12, 2011

    interesting question. I do believe expenses, per person, are higher when you are single so you'd expect more spending, but families do tend to take on more consumer debt. I'm not sure if the economy goes one way or the other. However, in divorce, there is the possibility of a second marriage. Perhaps in that way it could help the economy?

    • YFS
      December 13, 2011

      Good observation with the taking on of more consumer debt. Do married couples have more consumer debt than two individuals? Also, I believe that marriage and divorce both have positive effects on the economy. But, speaking on the Kim K situation. I wonder if the divorce will cost as much as the wedding.

      • Shaun @ Smart Family
        December 14, 2011

        You asked for it…

        "Do married couples have more consumer debt than two individuals?" It depends on if there are children. Married couples with children have more than twice as much consumer debt as singles with children and singles without children (on average of course). Married couples without children, or Kim's situation, have slightly less consumer debt per person than singles.

      • YFS
        December 15, 2011

        Interesting. I would assume on average that two individuals trump 1 married couple. thx for the info

  12. krantcents
    December 12, 2011

    Personally, I think it was a sham! If it wasn't, it was so poorly conceived. They rushed into marriage for the publicity of the show. If that is not true, it certainly looks that way.

    • YFS
      December 12, 2011

      I'm in agreement with you. I definitely think they rushed and this was a publicity stunt. 10 million dollars for a T.V. Wedding. Someone made out with a bunch of money from this 5 minute marriage.

    • Miss T @ Prairie Eco
      December 12, 2011

      I agree. Totally planned sham. Sad to make it such a public display.

      I do agree with you there are industries that rely on unions and splits but most of those industries have other ways of making money too. I personally am not a huge fan of divorce and think people are just lazy and can't be bothered to actually work at something, like a relationship.

      • YFS
        December 13, 2011

        It's all business Miss T. I must admit it was a great business decision. It probably will bring more money for both of them. Who was Kris Humphries before the marriage? A nobody.. now he's all over the news. Hello.. advertisers and endorsements.

        Good point on pointing out people's laziness.. I agree. People are very lazy and selfish. Nobody wants to work on things. They rather blame others and quit.

        What is your solution to problem of easy divorces?

  13. YFS
    December 12, 2011

    You made me spit out my coffee with your first paragraph. Hmm… is an epic DollarVersity rant/rage post coming soon. I would love to read an article of your opinion on all the current reality stars from the Kardashians to Jersey Shore to Real House Wives of where ever.

    • Eric J. Nisall – Dol
      December 12, 2011

      Nah, no rants or posts about them. I don't respect or care enough about them to dedicate that kind of time and energy. Did you hear the rumor that Lamar Odom was traded by the Lakers because of his marriage to the ugly sister? Just goes to show you that even in Hollywood, sometimes enough is enough.

      • YFS
        December 12, 2011

        Twitter was going crazy about the Lamar Odom trade. The funniest one I heard was "Lamar Odom was traded for a pack of Trident Layers". He definitely was traded for much too little.

      • Eric J. Nisall
        December 13, 2011

        Essentially, he was acquired for nothing, so that was a major coup by Dallas! I really didn't see anything on twitter about it, but on sports radio they were bashing the Lakers for it.

  14. Eric J. Nisall – Dol
    December 12, 2011

    Honest opinion–She's a no-talent d-lister in my books, and anyone who puts their life on display like that for $$$ is trashy (that includes the "Fake-Ass" Housewives of whatever city they're up to also).

    Can't really speak to the divorce being good for the economy question, as most of the time, the parties involved will have such a minuscule impact on the economy, that everyone would have to get divorced at the same time for it to be noticeable. (sort of)

    • YFS
      December 12, 2011

      I would say divorce / marriage is good for the economy because there are total industries in which rely on unions and their subsequent split up to survive. 50% of all marriages end in divorce. So, that is a lot of people jumping the broom then calling the quits.

    • Marissa
      December 12, 2011

      Ditto.

      Also, being a Toronto sports fan, I will always have a soft spot for her Kris Humphries.

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