7 Tips for Managing Your Money If You’re Newly Divorced
In this excellent blog posting from “Financially Savvy Female”, they share advice for women (and men) who may be handling their finances for the first time in many years — or ever — after going through a breakup or divorce. According to a report by UBS, just 20% of couples participate equally in financial decisions, with 7 in 10 men taking the lead on long-term financial decisions. However, 90% of women will manage assets on their own at some point in their lifetime.
If you are now finding yourself having to navigate your finances without a partner, it can be overwhelming — but here’s how experts say you should start.