The time after a divorce is finalized can feel challenging and uncertain, but it’s also the perfect time to revisit your finances and budget to ensure they reflect what’s most important to you in this new chapter of your life. Here are some tips to help keep your finances working for you.
It’s important to evaluate your expenses and ensure your income will be enough to meet your needs in this new stage of life. Start by tracking your spending. Understanding what you have coming in and going out is crucial to crafting a practical budget. It’s likely there have been some big changes to your income and spending, so be adaptable as you set new goals.