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Figuring out Finances after Divorce

Friday, April 19, 2013

Divorces can be messy. Emotionally, spiritually and financially. If your partner handled the finances, then you can be left clueless. Budgets and bills can be overwhelming if you’ve never had to take them on before. Or, maybe it’s not the new responsibilities, but the divorce itself is cleaning out your savings. Alicia Klat a contributor to SupportInASplit.com offers four ways to help yourself, or a friend in need, find financial empowerment and the happiness that comes with it.

Break it up. Approach one element of finances at a time or set a time limit and work in 10-minute chunks. Removing the pressure to “do it all” in one sitting will help ease anxiety.

Remain positive. Focus on the fact that you are taking action. Positive association around money objectives will reinforce a good energy.

Team up. You can’t do it all. If you’re feeling fluster, then ask for help. Know a financially literate friend? Make a date to review paperwork together.

Source: Supportinasplit.com.

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