5 Ways to Save Money After Divorce
Making a budget and stopping impulse shopping are just two ways to save money after divorce. It’s a good start – but you still have a way to go!
Making a budget and stopping impulse shopping are just two ways to save money after divorce. It’s a good start – but you still have a way to go!
What do you do with your engagement ring or other jewelry that you no longer wear due to divorce or some other reason?
A CDFA® (Certified Divorce Financial Analyst) can help you tie up your post-divorce loose ends and coordinate with your financial advisor to ensure nothing falls through the cracks.
Keeping the home in the divorce may mean you need to be able to buy out your spouse’s share of the equity. If you use liquid assets to buy out your spouse’s equity, you may find yourself short on cash for living expenses if you did not carefully review your post-divorce budget.
A common concern divorcing couples face is whether they will they qualify for a mortgage post-divorce, either to refinance an existing home or to purchase a home.