can be a devastating . It has both emotional and financial impacts. It’s a delicate and emotional time that can easily result in making poor decisions. The decisions you make during this challenging phase can affect your for an extended period. Making thoughtful, logical, and wise decisions can shorten the time it takes to recover financially, emotionally, spiritually, and physically. Each has a unique and his/her own reason for filing for . The looks at and logically.
is a , not an event. At Option29.org, my team and I guide you with a step-by-step in . There is much to be accomplished and done before, during, and after . Some tasks don’t require much thought. Some choices are easy to make, while some can feel like impossible things to do. We you make the right decisions at the right time.
Forego the emotional roller coaster, retain financial security
Making poor choices during can be emotionally draining, and they often lead to financial misfortune. Our proven program, checklists, and workbook provide you with tools to you handle all aspects of under the guidance of trained professional coaches. Our coaching program also provides you with interim coach contact to offer you and advice at every step. You will also get to a wealth of online resources, including homework assignments and a gratitude journal that helps you live an intentional .
Overcome the “can’t afford it” mentality
My team and I can you separate emotion from logic to better survive a with less anxiety and stress. And when you know what to do and how to do it, you’ll find that there is always a way to afford it. Our program is affordable and designed for busy people who need a structured, organized, condensed roadmap for . So you spend more time taking care of yourself during this challenging time and less time wondering what to do next. Thus saving you time, , resources, and energy.
Financial Health Assessment Do-it-Yourself Workbook
This workbook, Preparing For Divorce Financial Health Assessment helps you make thoughtful decisions about your , , health, and future. It provides you the checklists and planning needed to prepare for your without the financial strain.
You’ll have a roadmap to get you where you want to go.
You’ve taken the first step in taking back your power. Whether you want to save your , prepare for , or something else entirely, we’re here to you make the right decisions. We aren’t trying to persuade you one way or the other but helping you make an informed that is right for you.
Surviving Emotionally and Financially
can be so overwhelming that it can cause anxiety, depression, and behavioral changes. We understand that you may feel completely lost and lonely. It can be tempting to just hide, ignore, and be numb. You may want to crawl into bed, pull the covers over your head and pretend it isn’t happening. But I’m sure you’re wise to know that won’t solve or anything.
Don’t be a passive observer, so take control of the . By listening to your chosen coach, , or professional, you will be better prepared to make good decisions.
Taking an active role in your is the best way to get through a . Even if you are not the initiator, your active role will set the tone of your journey ahead. This will allow you to negotiate a better settlement. Your may likely take less time, be less stressful and cost less .
If you do not have time to prepare for or feel overwhelmed and lost, we can . Our coaches will walk you through all of the steps to prepare for – from discussing with your partner, dividing assets and debts, and crafting a parenting plan. We even take a few steps further and you become whole and thrive after . Everything we offer is to you get back to re-establishing yourself.
How to cope with a after a long or partnership
You are not alone in your . is full of – some good, some bad. It’s when we can turn to a community for the that makes all the difference. Connecting with a group is critical during a . You may find opportunities to connect based on faith, interests, age, and gender. Listen to your inner voice and values to choose your groups. This connection with others who are going through similar situations or have been there before will empower you to survive your . Whatever your circumstances, we’re here to you through it.
and budgeting your go hand-in-hand. This step is often forgotten as your and . Many people who are divorcing often make incorrect assumptions about where their financial is going. Learning to budget the you have can get you through the while still preserving your assets. Take our budgeting class and feel empowered. You can turn things around for yourself, which will you feel more comfortable during the .
Discover How to Survive a With Your Intact
At Option29 we coach and advise our –, – through the and frustration of , while having the courage to face the changing nature of their . The is that there is a in your , , , , . Every is different and so we personalize our coaching to fit your individual needs. The below can provide seven important strategies and tips to get your in before, during, and after . Whether you are the petitioner or the respondent , I am sure this will you.
1. Bank Accounts: Open your own bank account and close any joint accounts with your or partner. If you are getting divorced, you don’t want to be stuck with any financial liabilities your soon-to-be-ex creates. This doesn’t just include bank accounts. Any credit cards are also potential nightmares. Immediately contact your credit card companies and bank to explain your personal .
Open new accounts in just your name. This might be easier to do before closing the joint accounts. Ensure that you’ll have to throughout the .
2. Consider your housing : This can be incredibly complicated with the presence of . Otherwise, it’s often easier to sell the and move on. often make regarding their keeping their in mind. When minor are part of the picture, it’s often best to consult with an to examine your options. Or work with a , a , a mediator to negotiate your living .
3. Be aware of all your assets: Do you know the full extent of your financial holdings during your ? In many cases, one handles the financial matters, and the other is happy to stay out of it. Now is the time to dig in and develop an accurate picture of what you have. You might be surprised by what you discover. Check out my best-selling do-it-yourself workbook Financial Health Assessment with checklists and action plans, or Privately webinar.
Once you gather the info and have clarity of your financial assets, the next step is that you have to collectively decide how to handle the assets. Do you split them? Sell them and split the proceeds? Or hire a and battle it out? Contested and uncontested divorces have different routes and legal requirements. Knowing your in your will you prepare for and shed light on your .
4. Take a look at all your insurance needs: You might need to get on your own medical insurance plan and auto insurance too. What other items do you still own that need to be insured? Your insurance costs might be much less now. There’s no reason to carry more insurance than you need. Your has changed, so re-evaluate your insurance needs.
5. Create a new budget: Your income and expenses have changed, so it only makes sense that your budget will too. If you’ve gone from a two-income household to a single-income, there’s likely less margin for error. Create a budget that makes sense for your new circumstances. Talk to a with whom you can be totally transparent and someone who has your back. We also run a budgeting class that helps you plan your better.
6. beneficiaries on your insurance and retirement accounts: There’s a good chance that your beneficiary was your . You’ll probably want to new beneficiaries but make sure this change is executed after the divorce is granted. For most accounts, this is easily accomplished by filling out a simple form. This step is often overlooked. Ensure that your assets go to those whom you want to have them in the event of your death.
7. Get of your credit report: It’s essential to know where you stand financially and be aware of all of your accounts. Your may have opened a joint account or credit card without your knowledge. Better credit makes it easier for you to move through the world. You can make your stronger if you know what is on your credit report, and financial statements.
is a difficult time for all. But a can be challenging if financial matters are not handled intelligently. Focusing your attention on housing, , income, and assets will make the transition easier.
These tips highlight the basics. In many instances, an will be required. But understanding the fundamental issues will make it easier to make wise decisions. Apply these strategies to your circumstances and get the professional guidance you need.
