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Divorce Resources for Women

‘Savings’ Category

Four Personal Finance Basics Not Taught in School

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As our children go back to school, those going through a divorce have discovered that some things just are not taught in the K – 12. For instance, we were never taught the basics of personal finance in school. We had more years of high school and preparatory college math, which we may rarely need, than any financial literacy or education. Many of us have learned by trial and error.
During a divorce, we’re suddenly forced to (more...)

How To Get To Grips With Your Finances After Divorce

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Many things change with the end of a marriage and one thing’s for sure: you have to get to grips with your finances.
Credit card bills, household expenses, bank charges, kid expenses, mortgage refinancing, retirement asset transfers … divorce often means having to deal with all of these all at once. It can feel like a deluge and if you haven’t been managing the household finances, it can be overwhelming.
Add to that the emotions (more...)

5 Investing Resources For Women

Share with a friend Co-Founder Candace Bahr was featured in an article by Bankrate
You can read the complete article here.
Women’s Equality Day is Aug. 26., but many women are still being paid less than men.
The Institute for Women’s Policy Research (IWPR) reports that women are paid 80.5 cents on the dollar compared to men. The inequality is even greater among Latinas and black women.
How does that add up? IWPR estimates (more...)

How To Pick Your Divorce Battles

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It came down to three things, all of which seem so silly right now: a nice car, new furniture, and when to drop off the dogs on the weekend. These things were my lines in the sand—what I had chosen to fight over during my divorce. I hadn’t learned then that you have to pick your divorce battles. Most people going through a split haven’t
When we are fighting during divorce, we (more...)

5 Effective Ways To Reduce Stress In A New Relationship

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No new relationship is perfect. You are bound to experience some periods of stress after a divorce no matter how much you’re motivated to move on to bigger and better things. Learning how to manage and ultimately reduce the level of stress in a new relationship is a crucial skill that every divorcee needs to practice.
As far as stress in relationships goes, here are some ideas you may want to test to help you reduce the (more...)

The Increase In Gray Divorce And How It Could Hurt You

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The overall divorce rate in the U.S. might be declining but the rate for midlife divorce is increasing. So what’s causing the increase in gray divorce and how could it hurt you?
My guest for this latest Conversations About Divorce is Jocelyn Elise Crowley, author of Gray Divorce: What We Lose And Gain From Mid-Life Splits. Jocelyn and I chat about what’s driving the increase in mid-life divorce, the social penalty that men experience (more...)

How To Be Financially Stable And Secure After Divorce

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Divorce rocks a person’s financial stability and security like no other life event. Even if you saw it coming, you may not have made all the steps needed to go from two incomes to one. Settlements are messy and are messier if you have children. Usually, one parent pays child support and that can be a hardship. But child support often doesn’t make up for sharing all of the household expense and debt so the (more...)

What To Do With The Debt From Your Divorce

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If you are wondering what to do with any unsecured debt from your divorce, the answer is simple. Pay it off and pay it off as quickly as possible.
If you aren’t able to pay off the credit card debt through other assets and you still have the debt after your divorce is final, then Sallie Krawcheck, Co-Founder & CEO of Ellevest says, “If you have credit card debt, pay it off now. Do not pass (more...)

You Get The China, I Get The Tools. Who Gets The Retirement Account

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A divorce can be expensive, both financially and emotionally. Dividing assets collected over years of marriage often is the most challenging part. The procedures for splitting checking accounts, and savings accounts, are thorough and laid out with all the fine print. What about retirement savings? That depends and a couple should get educated on dividing retirement accounts when divorcing.
As Forbest points out, governing bodies at different levels — state, federal & local — treat property different. Some states (more...)

Divorce Checklist – What To Do To Prepare for Your Divorce

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Divorce is a confusing and complicated process that can last longer than expected at times. While all that is required before filing for divorce is simply to be separated for one year from your spouse, there are numerous other things you will need to do to make sure you are protected. You will have to make difficult decisions in a short span of time. As such, here are some things you need to know or do to make this (more...)