Financial Divorce Disasters (Video)

Financial Divorce Distasters

Divorce is an incredibly emotional time for people, which also means it’s a particularly dangerous time for money mistakes!

Here are 3 red flags to be on the lookout for:

1.) Using money as a weapon against your soon-to-be ex-spouse. It’s likely this will boomerang back with negative consequences for you!

2.) Giving too much away to keep the peace. Some people will make too many concessions just to “get it over with,” which is not a good idea.

3.) Going into “deer in the headlights” mode. Freezing and failing to take financial action can be as bad as making hasty money decisions.

If you or a loved one is facing one of the divorce red flags, it’s important to seek guidance from a counselor and a financial coach.

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Christine Luken

Click Here to Leave a Comment Below 7 comments
Rosey - December 1, 2016

A divorce left me in finanial dire straits. no kidding. I didn’t see it coming and I was a stay at home mom. Oh the lessons I learned.

Dawn Nieves - December 1, 2016

These are great tips for anyone. Sometimes people don’t think about these things.

Jasmine - December 1, 2016

I know first hand how hard a divorce can be. Every little bit counts when it comes to advice and info that can be gathered during the process.

Jennifer - December 1, 2016

Oh man, these are great tips. I can’t imagine how hard it is to make those decisions when you’re in the middle of that terrible time. Thanks for sharing your wisdom.

Claudia Krusch - December 2, 2016

Such a great post! Some people use divorce to hurt the other even more! Such a sad situation!!

Star Traci - December 2, 2016

I am fortunately not facing this struggle but I can see how important keeping your head in these difficult times would be. Thanks for sharing your tips.

Keikilani - December 2, 2016

This is good advice. So sad when divorce gets ugly. A good plan of action is a must.


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