‘Stupidest idea’: Kevin O’Leary rips apart Dave Ramsey's advice for couples — why he thinks all women should do this

Core Insights - The article discusses the importance of prenuptial agreements (prenups) in protecting individual financial identities, particularly for women, and emphasizes the need to avoid commingling assets to ensure the prenup remains valid [2][3][4]. Group 1: Prenup Importance - Prenups are designed to protect individual assets in the event of a divorce, and it is crucial for couples to keep their finances separate to maintain the validity of the agreement [2][4]. - Kevin O'Leary highlights that maintaining financial independence is essential for women, advocating that they should never merge their financial identity with their spouse's [3][4]. - The stigma surrounding prenups persists, with some experts, like Dave Ramsey, arguing against them, suggesting they can negatively impact relationships [4][10]. Group 2: Financial Dynamics in Marriage - Studies indicate that divorces often have a more significant negative impact on women's finances, making financial protection through prenups particularly relevant [7]. - Laurie Israel, an attorney, argues that prenups can create an unequal power dynamic that may harm the relationship from the outset [8][9]. - O'Leary suggests that discussing finances early in a relationship can enhance trust and intimacy, making financial discussions a part of romantic engagement [14][15]. Group 3: Limitations of Prenups - Prenups cannot dictate terms related to child custody or support, as these matters are determined by a judge based on the child's best interests [13]. - O'Leary acknowledges that prenups may become less relevant once children are involved, as financial responsibilities shift [12][13]. - The article suggests that while prenups can provide clarity and boundaries, they should be approached with careful consideration and expert advice [14].