If you're getting divorced and have children, then most likely child support will become part of your vocabulary and you will inevitably have some child support related disagreements and modifications. Kyle Bradford has been divorced now for nine years and during that time his child support agreement has changed twice. The first time the changes were handled using attorneys. … [Read more...]
The Economic Realities Of Divorce
Does money protect you from divorce? Do you think the lack of money contributes to divorce or are there other factors? What difference does having money make to the quality of a marriage? The "Do Economic Factors Contribute to Marital Stability?" infographic was brought to you by CashNetUSA. … [Read more...]
Dealing With Less Money After Divorce
While every divorce is unique, there are some characteristics that hold true for everyone. One of those is that there is always less money after divorce. I was talking to a financial planner recently and he said that most people can cut their discretionary spending by thirty percent. That's not to say that it won't be an adjustment but I've come to realize that much of that … [Read more...]
Divorce: What Happens To The Mortgage?
By Kirk Chivas There are basically two options when it comes to the marital home: either keep it or sell it. Sell The Home Selling the home is often the quickest and easiest way to resolve the issue. This has not been an option in the past as property values were crushed by the housing bubble. However, home values have jumped significantly in the last year and it now may be … [Read more...]
How To Prioritize Your Financial Goals
We get bombarded daily with competing messages about savings: your retirement, your child’s college education, a house deposit, for example. All of them may make sense but few of us are in a position to fully fund all of these at once so how do you prioritize these financial goals. Is there a magic formula for figuring this out? Well, there isn’t a formula because each of us … [Read more...]