Mastering Finances After Divorce: Practical Tips from G.D. Lengacher
As you move forward, as you get to the point where you're starting to think about new relationships, some people I know coming out of divorce say that they never want to marry again and that they opt for just living together and cohabitating instead of actually getting married, and I'm not going to get into the wisdom of that or the morality of that. That's beside the point. If you choose to do it, keep your finances separate.
Ever wondered how to navigate the tricky waters of finances after a divorce? G.D. Lengacher, host of the 'Surviving Divorce Podcast', dives into this crucial topic in episode 173. With a blend of personal anecdotes and expert advice, Lengacher shares his own experience of being hacked due to lax cybersecurity and underscores the importance of safeguarding your personal data. He also touches on the pitfalls of co-mingling finances when you're not married, pointing out the lack of legal protections.
Instead, he offers practical tips on keeping finances separate in serious relationships and advocates for joint financial management in marriage to foster unity. This episode also features a listener question segment, making it interactive and relatable. If you're looking to get a grip on your post-divorce finances, this episode is packed with valuable insights and actionable advice.