Eating Out
I think of my relationship with restaurant meals as a life cycle story. When my daughter was itty bitty, whenever we could afford to eat out, it was a big deal.
Divorce Finance
Hell Hath No Fury…
I filed a petition for personal bankruptcy for the Chief Executive Officer of a publicly traded corporation who personally grossed a salary of $30,000 per month. “Wait! What?” you exclaim.
Extra Fees on Top of Legal Fees?
Extra Fees on Top of Legal Fees? The other morning, my husband asked me if I still carried cash in my purse. I sarcastically thought (out loud), “Yes, doesn’t everyone?” Turns out, I was wrong. He barked, as though I was standing twenty feet away (I wasn’t), “No. I just use my credit card .
Should We Separate Our Finances?
Should We Separate Our Finances? When a couple gets married, whether to keep their finances separate is often a question. For some couples, it’s easy. My husband and I planned that my career as an attorney would take a backseat to his career as an executive because I would be the caregiver for our children
A Vital Conversation: Keeping Financial Issues and Divorce at Bay.
One of the leading reasons why couples seek marriage counseling and ultimately divorce is because of financial issues, including disagreements as to how to handle debt and differing spending habits. Financial issues are a huge source of stress for so many. Contrasting spending styles, or simply not having enough money to go around each month, does,
A Vital Conversation: Keeping Financial Issues and Divorce at Bay. Read More »
When Financial Stress Leads to Divorce
Financial problems are one of the leading causes of divorce. Spouses often disagree as to how much they should spend, how much they should save, and how they should handle financial emergencies. Let’s elaborate on the challenges of divorce from the financial perspective. Do you pinch your pennies while your spouse makes it rain wherever
The 7 Biggest Divorce Mistakes: #2 Emptying The Joint Bank Accounts
Some divorce lawyers encourage their clients to empty out the joint bank accounts, “before your spouse does it.” This is a declaration of war, equivalent to pushing the red button. In many jurisdictions, when one person petitions for divorce, the judge enters a standing temporary order, instructing the clients not to dissipate marital assets, not
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Get Educated, Part II: Avoid Committing Federal Mortgage Fraud
In Get Educated, Part One, we discussed how to verify someone’s experience. We also explained that you should find out what your loan options are before your divorce is final, because the terms set out in your final judgment of divorce can either foster your goal, or prevent it. And your lawyer is unlikely to know the
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Closing The Chapter: 13 Tips for Financial Security Post Divorce
There are all kinds of guidelines for recovering emotionally from the dissolution of your marriage. But what about your finances? What steps should you take to safeguard your credit, establish new credit, protect your dependents, etc.? I can tell you horror stories about the errors people have made (or rather the remedial actions they have
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