How to Deal with Worries During Divorce
There are a lot of emotions when going through the divorce process and one of them is worrying. Worry in itself is not bad – it is how one deals with it that can be a problem. When focusing on worry, it can be paralyzing, keeping us from getting needed tasks done. It can drain energy away from doing our day-to-day activities during proceedings. Worry alerts a person that all is not right in a situation. It is a call to action for making a change. There are ways to heed this call of action in a productive manner. When a worry is about a specific issue, write out a plan how to fix the problem or at least minimize any fall out. For example, if how assets may be spilt is causing you to lose sleep, then take some steps. If there is a chance some assets may be hidden, then bring a forensic accountant on board to search for off shore funds or money that may have been diverted to another party. You could hire an independent financial advisor to look over what is on the table and suggest which ones are in your best in your case. A person in their fifties may be more interested in retirement accounts than in other investments. One man in New York City took the bulk of his settlement in retirement funds and let his wife have their rent controlled apartment. He was then able to move in with his bachelor brother and feel secure about his golden years. Think about what is really bothering you so it can be addressed. This is the root cause of the worry, which may be something unexpected. I worried constantly about losing the marital home. After discussing this worry with others, I discovered that…
Tips on Teaching Your College Kids About Personal Finance
Money management is a life skill that is just as important as learning proper English grammar, yet it is often neglected. As a parent, it is your responsibility to make sure your child is not lacking in this life skill. Your child’s attitude toward money can make the difference between whether he will have a pleasant way of life in the future or one that will drag him to the pits of misery. There is no better time to teach your child proper personal finance management than when he is setting out on his own for the first time — his college days. Talk about money Money is something we deal with throughout our life, yet it is a subject we rarely discuss. Before you release your child to the jungle that is college, make sure you take the time to dive deeply into the subject. Be open about issues like how you are going to cover his or her college expenses and what you might have to do if something untoward happens, like if you suddenly lose your job. Handling money matters should be a team effort for your family. The more involved your child is, the more he will be responsible for his or her own share of expenses. Work through a budget with your child Take the time to sit down and create a budget with your child. This will not only teach him a skill that would prove useful in life, but you can also help make sure that he does not struggle with making ends meet, or worse, end up with nothing to eat while he is miles away from home. Also, if he ends up asking you for more money, you can refer back to the budget you have prepared and work out how…
The Benefits of Practice Dating
There is a way to ease into dating again after a break up or divorce. Get your feet wet before diving in, by doing practice dating
What Men and Women Can Teach Each Other During Divorce
Whether divorce was on the horizon or comes as a sudden shock, there are bits of wisdom that both genders can learn from each other. Men and women have spilled divorce secrets which can be beneficial to many. One may be in the right, however fighting to be the winner drains energy and finances. In the end, it is the lawyers who win by receiving more in legal fees. Men I interviewed advised to be agreeable to negotiating. When an individual is not heavily attached to a particular outcome, then the other side is apt to budge a little more. This is where the popular phrase “Don’t sweat the small stuff” comes into play. Men mentioned that they picked their battles. These guys were less interested in household furnishings and by offering to give up the bulk of it to their wives, this made going after the big-ticket items easier. There was less squabbling over pension plans, IRAs and investments when their wives already felt that they were ahead. Men suggested being proactive when it comes to visitation and custody. They offer to give up time that they have with the children, so that the kids can celebrate Mother’s Day with mom. Their ex-spouses appreciate this gesture and keep it in mind when the dads need a more flexible schedule. Mothers and fathers have told me that a Parenting Plan written during divorce has made life easier afterwards. They did not have to go back and forth on small issues, but rather referred to the document. One may be dating during a separation, but women have emphasized to be discrete during proceedings. The goal is to get through divorce as quickly as possible without drama, with both sides feeling the outcome is somewhat fair. Going out on the town with…
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