Category: Money
Splitting Student Loan Debt After Splitting Up
As if breaking up isn’t hard enough to do, splitting student loan debt can add another complex layer in untangling yourself from your former spouse. Many factors play a part in answering the question, “Who pays what?” Read on to learn more about the legal aspects of splitting student loans after a divorce to help […]
Five Essential Financial Skills for Divorced Parents
Divorce can be a real drain – just don’t let it drain you financially. We’ve narrowed down the skills every co-parent needs to regain economic stability to the five essentials. Banking 101: What You Don’t Know Can Cost You Some co-parents may find themselves dropped into unfamiliar territory after a divorce, needing more experience with […]
How a Co-parenting App Helps You Manage Money
Talking about finances is rarely easy for most people. When those people are ex-spouses, it can be an even more difficult conversation to have. Communication between exes usually isn’t the best and is sometimes non-existent. You two now live apart–an inconvenience when figuring out when to talk and how to start. Plus, now you must […]
How to Have a Financially Responsible Divorce
A divorce is stressful on many different levels: mentally, physically, emotionally, and also, financially. The help offered by your mediator or legal advisor only extends so far. You wouldn’t think to rely on your mediator for therapy, babysitting duties, or finding a new house, right? The typically complex situation of divorce calls for all kinds […]
Paying Fair: Sharing School-Related Expenses for Co-parents
There are a few particular seasons in the life of a divorced parent when the complexity of sharing expenses becomes a bit more trying. The specific period we’re addressing here is the back-to-school season. In addition to Christmas and birthdays, it can be one of the most overwhelming times for co-parents and their wallets. Learning […]
Tips for Handling Co-Parenting Expenses
Financial conflicts often get cited as a reason married couples argue. When a marriage ends in divorce, money woes can worsen since incomes are no longer combined. Divorce is always rife with challenges and hardships, but when children are in the mix, the challenges become more challenging, and the hardships get harder. Raising kids inevitably […]
Minimize Spending Around the Holidays as a Divorced Parent
The holiday season is in full swing. For those who are recently divorced, this may be the first time managing the highs and lows of this busy time on your own. In addition to the busyness associated with the season, it’s a prime time for spending, and sometimes overspending. This may create an even more […]
Make 3 Simple yet Powerful Financial Moves
Rhonda Noordyk, CDFA® Make 3 Simple yet Powerful Financial Moves Let’s be honest, divorce can feel like you are staring at a chess board for the first time. What are the rules of the game? Who are the key players? Who has the power? Of all the pieces on the board, the queen is the […]
Steps For How To Pay Child Support
How To Pay Child Support: Easy, Step-By-Step Guide If you were wondering about the specific steps for how to pay child support, this post will walk you through everything. In addition, you will learn exactly how to make child support payments (and receive them) conveniently online. Managing Child Support Doesn’t Have To Be Complicated! Paying […]