“Divorce and your money” - Money Monday with Shawna McCrea of Balance Financial

BalAnce Well-Being

“Divorce and your money” - Money Monday with Shawna McCrea of Balance Financial

I deal with so many people that are going through a separation or divorce, especially lately.

I know it is such a tough and challenging time when it comes to your money.

Who gets what? can I stay in the house? how do I protect myself?

It will make a real difference if your separation is going to amicable or contentious. Emotions can play a big role in the negotiation process.

You may want to freeze your joint assets and liabilities if you are afraid that your partner would fully draw them down.

I see some couples choose to stay together in the same house because they can't afford two separate homes.

The court not the spouse decides on division. Should you consider counselling to help you?

MY CHALLENGE to you if you are going through a separation is to make sure you have access to some funds to get you through either a pay cheque &/or savings.

Wishing you Financial Health | Know your numbers

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