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While you had a solid financial plan at the start of your career, things came up. An expensive divorce set you back, and then both your kids needed help paying for college — to the tune of $180,000.
Continue reading → The post Divorce Financial Advisor: When to Hire One appeared first on SmartAsset Blog. Getting divorced can take a toll mentally and emotionally, but it can also upset your ...
For some women, getting divorced may mean starting from scratch financially. Perhaps you weren't working, don't have your own financial accounts or were in other ways financially dependent on your...
Divorce can affect both the people getting divorced and any children they may have in both the short and long term. After a divorce, the couple often experiences effects including decreased levels of happiness, [1] a change in economic status, and emotional problems.
With a quarter of Americans without retirement savings, it’s important for people to save money after a life-changing event like a divorce, according to one expert. “Reduce your expenses, and ...
The financial effects of divorce could be worse than any downturn in the economy. An average bear market lasts 15 months and results in a 32 percent loss in investments, according to investment ...
Alimony, also called aliment (Scotland), maintenance (England, Ireland, Northern Ireland, Wales, Canada, New Zealand), spousal support (U.S., Canada) and spouse maintenance (Australia), [1] is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce.
Jeanfreu et al. found that life satisfaction and marital satisfaction were lower for people who experienced financial infidelity than for those who did not. [3] The 2021 Harris Poll related a diversity of effects from financial infidelity ranging from 19% of respondents improving their romantic relationship after the experience to 16% of respondents reporting divorce and 13% reporting ...
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