Divorce produces more stress for women than any other life event except for the death of a spouse. Even at the best of times, financial clarity is an elusive beast. It requires diligence and a deep understanding of your finances. For many of us that is a difficult, sometimes impossible task. We live in a complicated world. It’s not just a matter of income coming in and expenses going out.
Having access to knowledge and sound information can provide you with the confidence to face those decisions from a place of clarity. Knowing where you are at today and what you need to do moving forward can allow you to be more comfortable through this difficult transition.
Here are four ways to help reduce your divorce-related financial stress.
Be sure to have or get copies of important documents, tax records, retirement accounts, wills/trusts, and credit card statements. If it is related to money, you should have (or need to get) access to those necessary documents.
Organize those documents and any logins/passwords to online accounts in a safe place. Here is a resource for you: [http://bit.ly/organizationalbinder4yourdivorce]
If you are unsure of how or where to begin with your current financial situation and next steps, ask for assistance. There are solutions that can offer you the help and clarity you need right now.
Put one step in front of the other and take each day as it comes. Things will get better.
When you feel overwhelmed, be sure to remember it is a process. Being organized is foundational to empowerment, confidence and success. In the words of Christine Scalise, organization isn’t about perfection. It’s about efficiency, reducing stress and clutter, saving time and money and improving overall quality of life.
With these things in mind, please don't hesitate to reach out. We are here to help you. You are not alone!