Financial Survival Tips After Divorce: A Practical Guide
Finances is one of those things that can be very scary. You have to pay for double housing, double utilities.
Divorce isn't just emotionally taxing; it can also wreak havoc on your finances. In this episode of the 'Surviving Divorce Podcast', host G.D. Lengacher dives into the nitty-gritty of managing money post-separation. One of the first hurdles many face is the burden of double housing costs. If you've been living in a family home bought with dual incomes, the financial strain can be immense.
While it's tough to part with a house filled with memories, selling it might be the smartest move for your wallet. Then there are transportation costs, especially if you have kids involved in various activities. Balancing these expenses with other financial priorities is crucial. G.D. emphasizes the importance of crafting a new financial plan and setting fresh goals, including retirement savings. Starting over can feel daunting, but taking control of your finances is essential for your long-term well-being.
Whether you're knee-deep in divorce proceedings or just starting to think about the financial implications, this episode offers practical advice to help you steer through these choppy waters.
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G.D.Lengacher: Life Coach for Post-Divorce Healing, Finances, Career Choices
Podcast – Surviving Divorce Podcast
200 Finances
200 Finances
200 Finances
Thursday 6th October 2016
G.D. Lengacher shares essential tips for managing finances post-divorce in this episode of the 'Surviving Divorce Podcast'.
G.D.Lengacher: Life Coach for Post-Divorce Healing, Finances, Career Choices
Overview:
Covering divorce recovery topics such as grief, healing, loneliness, anger, parenting, finances, career, etc., the Surviving Divorce Podcast is a weekly podcast dedicated to helping you find the hope ...(view more)
Financial Survival Tips After Divorce: A Practical Guide
Finances is one of those things that can be very scary. You have to pay for double housing, double utilities.
Divorce isn't just emotionally taxing; it can also wreak havoc on your finances. In this episode of the 'Surviving Divorce Podcast', host G.D. Lengacher dives into the nitty-gritty of managing money post-separation. One of the first hurdles many face is the burden of double housing costs. If you've been living in a family home bought with dual incomes, the financial strain can be immense.
While it's tough to part with a house filled with memories, selling it might be the smartest move for your wallet. Then there are transportation costs, especially if you have kids involved in various activities. Balancing these expenses with other financial priorities is crucial. G.D. emphasizes the importance of crafting a new financial plan and setting fresh goals, including retirement savings. Starting over can feel daunting, but taking control of your finances is essential for your long-term well-being.
Whether you're knee-deep in divorce proceedings or just starting to think about the financial implications, this episode offers practical advice to help you steer through these choppy waters.