If you're divorcing and not working, you might regret it. Why? Standard advice used to be not to go back to work as it would likely impact the alimony you'd receive and not just the amount but also the duration. You'll rarely hear that advice these days. Gone are the days of lifetime maintenance, and if you're not working you're at risk of being treated as voluntarily … [Read more...]
Developing A New Career After Divorce
There is inevitably less money after divorce and that means adjusting your lifestyle and/or increasing your income. It can also mean developing a new career after divorce. Wendi was a nurse when she met her husband who was a physician. After their marriage she helped run the medical practice for much of their 22-year marriage. Given the hostility of their divorce and the … [Read more...]
Career Becomes More Important After Divorce
Once a couple has a child, they also end up deciding if one parent should or is able to become a stay-at-home parent. I do believe that life is altogether easier if there is a stay-at-home parent but there's always a price to pay in terms of future earning potential, career development and your long-term financial picture. Weighing that price against the benefit to the child … [Read more...]
Divorce Can Lead to a Good Life
I've mentioned that my current guest, Rhoda writes the awesome Southern Hospitality blog where you'll find lots of inspiration as well as practical advice for a wide range of home decorating and improvement projects. Lots of bloggers make some income from their blogs but not many are actually able to turn their blog into a business and generate sufficient income to support … [Read more...]
Building The Life You Want
Although Marjorie's divorce is not final and she's still working with temporary custody arrangements, she is hard at work building the life she wants and being the person she was meant to be. Here's Marjorie: I met a lot of single moms in the jail who are there because either a boyfriend or a husband or some man in their life, had some effect on their life that brought them … [Read more...]