A personal finance coach points out that getting your finances under control after your divorce is part of starting over. Getting this show on the road can ease stress and impose structure.
This personal finance coach suggests three different measures to achieve this:
- achieve financial independence of your ex
- develop financial boundaries that are healthy
- dream your new life
The first measure requires creating a budget based upon your income and your expenses.
The second measure involves disentangling financially from your spouse. For example, eliminate joint obligations.
The third measure is to hatch your new dreams: financial, travel, adventure, spiritual, creative, physical, material, character, relationship, intellectual and legacy. At least a couple should be reachable within a couple of years.
Read more in this Durango [CO] Herald article: After a divorce, recover your financial health.
