Divorce financial planning - In many situations where the husband earns the majority of the income, then this section will perhaps not be for those of you.
You will want to focus more on how to handle spousal support, child support, and other factors that will affect your current income when it comes to divorce - bottom line is how to keep as much as possible.
Those items can take a big bite out of your income and thereby lifestyle. We'll discuss those as well as keeping your money is just as important as making it.
This section is for those of you who are having to give up one income if you were a two income family or perhaps those of you who were stay at home Dad's or didn't work at the time of separation.
I went from a nice two income home with my ex back to living paycheck to paycheck once the child support kicked in. I also inherited a couple of debts after the divorce. So, I lived what we're going to uncover throughout the following pages.
Don't fret though, many of the tips will come from outside experts and sources to ensure that if followed them, you come out of this successfully.
We're going to provide a sort of job or business tool kit. Perhaps you need to start looking for a new job?
Perhaps you need a second job? Maybe you need that second income and starting a business is an option?
Perhaps you need to consider additional education in order to set yourself up long term while also considering how to manage the short term?
We are going to dive into many divorce financial planning aspects so that you hit the ground running when it comes to career, earning money, starting a business, etc., post divorce.
This will be a subset to the financial aspect of divorce as the split tends to bring up the necessity in many cases to create additional income.
The above will provide you a great start if earning extra income or finding a new career is a necessity due to a number of aspects divorce has brought with it such as alimony, increased child support, debts that need paid, etc.
We'll also dive into the fact that if you were the primary bread winner and made a good living, how to keep as much as possible and protect yourself long term.
This money after divorce section will not necessarily cover long term advice such as retirement. This is more for the now and how to set up your new life financially so you are able to do things like put money away for retirement and future areas.
Let's get started on divorce financial planning right away so we don't waste any time working to get the ball rolling for earning a living and doing so successfully.
This is where you can share your own divorce advice, tips, wisdoms, and more. You don't have to leave any personal information if you don't choose to, but it helps others to at least understand the various aspects divorce presents since the journey can be different for everyone. Please share!
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