Divorce is never an easy thing to go through no matter what time in life this may happen to you. The trauma that it may create for you, your children, and other family members may make day to day financial decisions go to the bottom of the pile. Many people wait to try to get their financial house in order after they complete the divorce proceedings. Having seen people go through divorces over the past 20 years, I’ve come up with six important things you should do before you get divorced. By making these smart money moves, you can get your new financial situation off to the right start and not be left with tons of nagging financial problems from the divorce. 1. Watch the spending and keep the debt down– Most of the time, the discretionary cash flow you have in your personal situation will tend to decrease after the divorce due to child support or decreased personal income. ...
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Nov 21, 2012
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Featured Articles, Gen X & Y Financial Advice
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