How good are you at managing your finances?
Do you have good credit?
Are you current on your loan or credit card bills?
Whatever your response is, I’m sure you would like to respond confidently and assuredly that you have your finances handled. However, when a marriage falls apart and a divorce is pursued, it has an affect on every area of one’s life, including financial stability.
Many couples who go through a divorce will often see substantial damage to their credit, an increase in debt, and/or they won’t know what to do with any lump sum payment they may receive as a result of their divorce and find themselves penniless and in more debt later.
Investing in the time to learn about your assets and debts and the division of such assets and debts will be worth the investment.
For now, you can hear from an experienced financial advisor who shares valuable tips about what you can do now whether you are contemplating divorce, currently divorcing or you are already divorced.
You will hear:
- How you can stay in control and what you can do right now
- Using credit
- Benefits of using a team
You can listen in to the call with Julie Arkush if you missed it by clicking “play” below:
To hear future broadcasts with many of our other professionals, please visit this page to sign up for your unique call-in information.
If the kids weren’t a good reason not to get a divorce…the money thing certainly would be. Sometimes I would like to have a little “less” power…and share more of the responsibility…lol, but then the alternative would be unbearable. Thanks!
Great reminder to hold our power as women. Thanks for the reminder.
Thankfully I’ve never been more than a few hundred dollars in debt but it wasn’t for lack of effort on part of my ex! I’d advise any woman to keep control of her own finances and not let anyone else take control, no matter how much they strut around demanding it.
So many women turn their financial “power” over to the man in the relationship even prior to divorce and then in the case of a divorce are left lost. I encourage all women to take your advice whether single, happily married or facing a divorce. Good stuff!
Sabra, there’s a lot of great advice in this interview for women in general, whether they are going through divorce or not. Knowing where we stand financially, where all of our accounts are, etc. Thanks!