NextPrevious

Surviving Financial Crises

Divorce

What are some steps that you should take before a divorce to prepare for these financial consequences?

It is very important for you to build up a savings or emergency fund that will get you through the tough times that may be ahead. If you are not in the work force, consider updating a resume, and perhaps even applying for jobs, so that you do have some safety net. If you will be keeping your house, you may consider taking on a housemate to help defray the costs of living alone. You may also want to establish your own credit cards separately from your soon-to-be ex-spouse.



Close

This is a web preview of the "The Handy Personal Finance Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App