Divorce, Finances and Employment
Divorce is a very stressful situation, and finances are one of the key areas it affects. Often one or both parties struggle financially after divorce. Separating into two households requires two house payments and doubles utilities and other expenses. Today many couples are forced to both work to keep up with their bills and divorce can have a devastating effect on finances.
Children are often involved in divorce, and they should not suffer needlessly. If you are required to pay child support, do so. Don’t punish your children because you are mad at your ex.
It may take some time to get back on your feet, eating mac n cheese more than you like, and give up some of the things you have grown accustomed to but you will survive. A large part of getting through financial problems after divorce is being grateful for the things you do have and keeping a positive attitude.
Budgeting – In my opinion everyone should have a budget and understand where their money is being spent. Budgeting provides a snapshot of income and expenses and is a mechanism in which you can plan your future spending/saving. Click Here to Learn More on How to Set a Budget.
Credit Report – Your credit is critical when it comes to applying for a home loan, car loan or even a credit card. Learn how to get a free credit report, how to read your credit report and how to dispute information. Click Here to Learn More.
Saving Money – Here are some money saving tips to meet both short and long-term goals.
Finding a Job – Finding a job after divorce is frustrating and they typically don’t fall into our laps. Here are some tips and resources that may help you. Learn How to Find a Job after Divorce.