Divorce can inspire a whirlwind of emotions, and amidst the upheaval, financial concerns often take center stage. This is often especially true for stay-at-home parents who need to provide for children as they move forward. But here’s the good news: there are steps...
Divorce
Are you staying in a bad marriage due to a sunk cost fallacy?
How do you know when it’s time to call it quits on your marriage? It’s not easy – and a lot of people continue to stay in toxic relationships because of something called a sunk cost fallacy. A sunk cost fallacy is a cognitive bias that occurs when someone continues...
Why co-parents need to take care on social media
Social media platforms now serve as a primary means of communication, expression and information sharing. Yet, while these platforms offer numerous benefits, they also pose specific challenges for co-parents who are navigating the complexities of raising children...
Budget considerations during and after divorce
Divorce necessitates a significant reassessment of one's budget, involving a shift from shared to individual financial management. This transition can be challenging because it requires a detailed understanding of one’s new budgetary constraints and needs. Creating a...
What should you know about gray divorce?
Gray divorce refers to the end of marriage between people who are 50 and older. This presents unique challenges. As people age, their financial and personal circumstances change, which makes gray divorce a complex process. The emotional and psychological impacts of a...
How long does it take to divorce in Indiana?
It can take weeks, months or even longer for someone to reach the conclusion that divorce is their best option. Most people try to save their marriages when difficult times arise. They may go to counseling, attempt to improve their conduct as a spouse and try to work...
How does money factor into marital issues?
Divorce can have many causes. For instance, maybe one spouse cheated on the other, the marriage was too soon or the couple couldn’t agree on how to raise their children together. However, money is also a reason many people get divorced. Many couples have frequent...
What are the benefits of an uncontested divorce?
All divorces come with their fair share of trouble and grief, but an uncontested divorce can make the entire process much easier. In an uncontested divorce, couples negotiate all of the details of their split in private – instead of taking it to litigation and letting...
3 ground rules for sharing a nanny during divorce
When parents divorce, one of the biggest issues they face is trying to minimize the fallout from the situation on their children. Professional childcare services in the form of a nanny can often help. They can provide a stabilizing force in the children’s lives across...
Could spending too much lead to divorce?
Divorce and financial issues are often closely related. Financial problems can be a major source of stress for a couple. When these are unresolved, that stress can slowly cause the marriage to break down. But could something as simple as spending too much money really...