4 Tips to Follow DURING a Divorce for Financial Success AFTER a Divorce

Nov 9 2018 - Posted by , in Divorce, Financial Challenges, General

4 Tips to Follow DURING a Divorce for Financial Success AFTER a Divorce

Aside from the emotional aspect, divorce is about two things, children (if applicable), and division of assets and debts. Money – that is what divorce comes down to. Here are some quick and helpful tips to follow during your divorce which will help you long-term after the divorce. Quick tip #1—Avoid the “get me out NOW” approach – granted if you are in the process of divorce, you most likely didn’t reach this decision overnight. …

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The Law of Diminishing Returns

Aug 31 2018 - Posted by , in Assets, Divorce, Financial Challenges, Property Division

The Law of Diminishing Returns

One of the worst financial decisions in a divorce is to spend more on attorney’s fees than your divorce is “worth”; similar to paying $5,000.00 to fix an engine on your used car worth $3,000.00. The law of diminishing returns refers to a point at which the level of profits or benefits gained is less than the amount of money or energy invested. While the law of diminishing returns may seem black and white, with …

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Investing In Your Future After Divorce Starts Before You File

Mar 27 2018 - Posted by , in Divorce, Financial Challenges

When most people think of life events which can negatively impact one’s financial future, the first to come to mind may be a disability, death of a spouse, change of employment, or a medical emergency. Many do not consider divorce, which can have the most significant impact on your financial future. Divorce will impact your financial situation now and for many years to come. So where do you start when your financial stability is at …

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