How to Financially Prepare for Divorce
Latrice Knighton is a member of the Sterling Law Offices partner team and an award-winning divorce attorney, life coach, and speaker. She helps clients resolve their problems by using legal techniques and smart tactics learned through decades of experience. She is able to help clients by offering the best practical advice.
Every one of us worries about money at some point.
Typically, we worry about making enough money to support ourselves or replacing money after a traumatic even like loss of job or a divorce.
The only way to have enough money long term is to create a plan for the future and sticking to it. We need a plan for the good times, bad times, and getting out of a bind in an emergency.
Sometimes we worry so much about money that we avoid the topic altogether, which is guaranteed to prevent us from our achieving our goals.
And when you are going through a divorce, there is no better time to create (or recreate) a plan for a solid financial futre.
If don't have a solid financial plan for the future and need tips for how to start over, this episode is for you.
In this episode, you’ll get advice from Certified Divorce Financial Analyst Debra Melvin of Investors Advisory Group (www.investorsadvisorygroup.com) to help feel confident starting a new financial plan.
What’s more, these same tips are helpful whether you have already started a draft of your financial plan or are starting from scratch. Write them down now and save your future self untold amounts of stress and uncertainty.
When it comes to financial planning — what scares you the most? What new habits will you have to create with money?
Leave a comment below and let me know. Remember to share as much detail as you’d like in your reply.
You get to choose the path your life takes. My hope is that today’s show and every show will help you make choices that are aligned with your personal values and goals.
As always, thanks for reading, watching and adding your voice. You matter. Your voice matters.