Category: post-divorce

Post-Divorce Credit Score: Build Yours

Divorce can not only be an emotionally tough time, but a financially tough one as well. As such, it’s important you get your finances back on track. A big part of that will be building up your post-divorce credit score. With how important credit scores are, it’s key that you do so properly…

Post-Divorce Credit Score: Prepare For The Future

Check your current score

Of course, before you can improve your post-divorce credit score, you’ll need to know what it is. This is best done by ordering a credit report. You can do this via one of the three major credit bureaus. With this report, you’ll be able to see both individual and joint debts that you have.

Individual debts are ones which are solely tied to you. However, joint debts are ones are ones where both you and your spouse are responsible. If either one of you fails to make a payment, then you both will be negatively affected.  Therefore, keep track of these accounts, and they’ll be important for your next step.

Reorganize your accounts

Now that you know what your debts are, it’s good to reorganize your accounts. First, you may want to consider opening new individual ones. By starting now, you can help your post-divorce credit score in the long run. Still, if that isn’t something you want to do, then paying down any existing ones will also help.

Next, take steps to close any old joint accounts you have. Get in touch with your lenders and ask them to transfer these accounts to individual ones based on your divorce agreement and have them closed. You should also remove you and your ex’s name from any accounts which have you as authorized users. Taking these steps will help make this debt more manageable for the both of you.

Pay your bills

In the commotion of divorce, it’s easy for bill payments to fall by the wayside. However, missing these payments can be pretty bad for your post-divorce credit score. Therefore, you want to make sure you pay them on time as best as you can.

A good way to do this is by setting up automatic payments. That way, you won’t have to worry about accidentally forgetting to make a payment. Slowly but surely, your score will rise as you continue to make on-time payments.  

How-to Make a Divorce Announcement

It can be unpleasant or uncomfortable to have difficult conversations. However, whenever you are going through a divorce, you will have to tell people news that can be tough to talk about. It is up to you to determine who you want to tell and how much information you want to share. No one goes into a marriage planning on having to talk about divorce, so it is not unusual to be unsure about how to make a divorce announcement.

How-to Make a Divorce Announcement: Telling People the News

Who to Tell

First, you will need to decide who to share your divorce announcement with. This will be different for each couple that is splitting up. Start with people who are closest to you. This could include your parents and siblings, but most importantly your children (if you have any). Your children may be the hardest people to tell, as they could be the most emotional about it. They will be concerned with what life will be like with divorced parents, and how their life will be changing. Depending on how old they are, they may fully understand what is going on.

Whether you tell the remaining people in your life is up to you. If you are a very private person, you may decide only tell a very small circle the news. On the other hand, you could want to tell everyone. Each person will have his or own comfort levels about who to share the news with.

How to Tell People

Next, you will need to figure out how to tell people. Those who want to tell everyone may choose to put their divorce announcement on social media. Be careful with this, as anything you say on social media could come back to haunt you. This means you should keep anything you say short and tactful. However, keep in mind it could even be used in court against you. Another way to tell a large group of people is by mass email. Again, this is a little impersonal, but a quick way to spread the word.

If you are wanting to tell a smaller number of people, or choose to have a more intimate conversation about such a personal event, you may want to tell people one-on-one. This could mean a phone call, or even a face-to-face meeting. While it can sometimes almost be more difficult to brake the news in person versus hiding behind a screen, it can also be more comforting at the same time. Your friend or family member will be able to talk you through everything and show you that they care. They will be there to laugh with you, cry with you, and embrace you if you need it.

There are many ways to share a divorce announcement. Every individual situation is different and unique. Therefore, you have to do what is right for you and what you.

Post-Divorce Health: Achieve New Goals

Divorce is going to be tough, and it can have a bit of a negative impact on the body. Therefore, it’s a good idea to invest in your post-divorce health. Doing so can help you get started on achieving your new post-divorce goals…

 Post-Divorce Health

Get an energy boost

One good reason to focus on your post-divorce health is to get an energy boost. Divorce can cause you to feel pretty tired and lacking in motivation. While this is understandable, especially after all you had to deal with, getting healthy can help you find the energy you’ve been lacking.

Research has shown that people who exercise tend to have much more energy than those who don’t. Plus, eating healthier foods will give your body more energy than unhealthier choices. Channeling negative feelings into your workout can also help you start to feel better mentally.

Improve self-confidence

Improving your post-divorce health can also help improve your self-confidence. It’s quite common to feel a bit low after your divorce. You might even start to question if you’re really all that great, and focus more on perceived negatives about yourself. Of course, this isn’t good for you or your new goals

Getting healthy helps you start to feel better about yourself. Seeing those small steps, like losing a few pounds or getting better endurance, are great for your confidence. As you continue to improve yourself, you’ll also begin to feel the level of confidence needed to tackle what’s lying ahead.

Save extra money

Some people might claim that trying to focus on post-divorce health is too costly. Things like gym memberships or the cost of healthier foods can seem expensive, especially coming off of a divorce. While they might appear so at first, you have to think about the money you’re going to be saving down the line.

Living healthier will help reduce the risk of running into health issues. That way, you save money by avoiding costly doctor visits. Plus, you’ll also be able to save money on insurance, as you can find suitable plans at a lower rate. The money you save this way will outweigh the costs of food or gym memberships.

Divorce Immune System

Divorce usually brings a lot of stress along with it. This stress can end up having a negative impact on your health, and your body’s ability to fight off sickness. With the COVID-19 pandemic currently going on, it’s especially important to boost your divorce immune system. Taking a few extra steps can help keep your body healthy…

Divorce Immune System: Keep Healthy

Change your lifestyle

Making some lifestyle changes is a great way to improve your divorce immune system. Doing some exercising, for instance, can help get rid of harmful bacteria from the lungs. It’s also great for promoting white blood cell and antibody production.

Eating healthier foods is also good for our body’s immune system. So can getting 7-8 hours of good sleep each night. Plus, not only will it help keep you healthy, but these steps will also help you feel a lot less stressed.

Have a healthy space

The environment you’re in is also important for your divorce immune system. It might seem odd to think that doing some redecorating can help keep you healthy. However, it’s all about reducing that stress. If you can make your home feel welcoming and inviting, it’ll mean you’ll be less stressed overall.

You may not have the money for a massive remodeling effort, but that’s okay! Even making some minor layout or color changes can go a long way. Having a nice, organized home can help you feel calm and centered, rather than anxious or worried. This means your body gets to focus more on making sure you stay healthy.

Take extra precautions

With everything that’s going on related to COVID-19, it’s now more important than ever to take extra precautions. Constantly exposing yourself to potential infection is not something you’ll want to do, even if you have a strong divorce immune system. Therefore, be sure you do all you can to keep yourself protected.

In general, it’s best to limit how much you need to go out. When you do need to head outside, try to wear a face mask and practice good social distancing as best as you can. Make sure you frequently wash your hands or use hand sanitizer, both while you’re out and once you get back home.

Home Business Post-Divorce: Making Moves

Many people struggle with going back to work after their divorce. For some, they’d rather try and do things their way with a home business post-divorce. While it can be tricky, it can also open up a new, and potentially lucrative, chapter in your life…

Home Business Post-Divorce: How To Prep

Find your niche

When starting a home business post-divorce, you first need to find your niche. The appeal of a home-based business is that it lets you appeal to markets which other major brands may look over. Where they may not see a profit, you could potentially have many loyal customers who are willing to pay for what you have to offer.

However, you need to make sure it’s something which you can properly apply your skills to. You don’t want to invest all your money into something you have no prior knowledge about! Take things slowly, do your research, and find an area you think you can tap into. That way, you avoid potentially getting stuck in an over-saturated or nonexistent market.

Take your time

It’s important to not rush into creating your home business post-divorce. Trying to simply rush and get things going will more than likely set your venture up for failure. It may take some time and require you to do some traditional work in the meantime as you save funds and get things off the ground.

The two major things you want to have are a good workspace at home and enough funds to get up and running. A good home workspace will encourage you to view your work as serious, even when at the house. Additionally, having plenty of funds will ensure you can cover your costs, especially in the early months when you’re trying to get sales going.

Don’t forget to take breaks

It can be exciting and stressful to set up a home business post-divorce. Still, you have to remember to not push yourself too hard. After all, you’re still recovering from all the stress and changes that came with your divorce.

That’s why you’ll want to make sure you take time to relax. Your mental and physically health should always take priority. It’s okay if it takes longer than expected to get your business running. Starting later but much more prepared is better than rushing and only scraping by!

Dating After Divorce: First Steps

Dating is never easy, but dating after divorce can feel daunting. It presents its own set of challenges. Perhaps it’s been a long time since you were even looking for someone to date. Use these tips to make this overwhelming experience feel a little bit easier.

Dating After Divorce: Where to Start

Self-Reflect

Before you even start thinking about dating after divorce, do a good hard look at your past. Unfortunately, it can be tough to dig deep like this. However, taking this step can help you to make sure you are not making the same mistakes over and over again. What went wrong in your marriage? What qualities did you like about your ex? Also, what qualities did you dislike? Think about traits they had that brought out both the best and the worst in you. Make a list of what you want in a partner, and what traits you want to avoid. 

Drop the Anger

Sure, you may still be really hurt about what happened in the past. There’s no denying that. But if you want to start dating after divorce, you have to work towards forgiving your ex. Carrying around anger towards your ex is like carrying around a heavy weight. Also, you could bring that anger and stress into your new relationship. Don’t feel ashamed to talk to someone or get help if you need help through the healing process. Letting go of the extra weight to find a new found freedom that will have you feeling ready and open to letting someone else in. 

Complaining about your ex is not what your new date wants to hear, especially on the first few dates. Keep conversations to what is important to you, and listen to your new date. Remember, they want to know you and not your ex. 

Expand Your Options

Perhaps you think you have a type. Maybe your ‘type’ has characteristics that did not work in the first place. Don’t limit yourself to only wanting to date one type of person. You should try going out with some people who don’t fit the mold of who you usually look for. You could be looking past some real gems! 

That being said, go with your gut. If you’re dating after divorce, don’t waste your time with someone you have a bad feeling about. Certainly, if you see red flags, get out. Do not stick around with someone who does not feel right. 

Online Dating

If you don’t know where to start, give online dating a try. Maybe online dating was not a thing the last time you were looking to date? That’s okay, give it a try. It is becoming one of the top ways to meet people now. When you are looking to start dating after divorce, online dating can help you ease back into the dating game by allowing you to get comfortable with just talking to people in messages. A tip is to have someone or several people you trust help you build, or approve, your profile. That way you make sure you’re set up for success.

There are many online dating sites out there now. There are even ones for different interests, religious affiliations, and age ranges. Read reviews and breakdowns to know which of the dating websites may be the best fit for you. 

In short, getting back into dating after divorce may feel overwhelming. Just take one step at a time. These steps will help you make your first steps towards finding a new relationship!

How-to Find a Post-Divorce Apartment

Following your divorce, you may need to start getting ready to move. Finding a new home can be both difficult and expensive. As a result, many people opt for a post-divorce apartment instead. If you’re in the market for an apartment, there’s a few things to consider while you’re searching…

How-to Find a Post-Divorce Apartment: Key Factors

Budget accordingly

One of the most important things to remember when looking for a post-divorce apartment is your budget. Your divorce may have left a bit of an impact on your finances. You may also need to completely redo your past budget. Therefore, you need to make sure your new apartment won’t break the bank.

Remember that there’s more to your apartment’s expenses than just rent. You’ll also have to consider costs like groceries and utilities as well. When you’re looking at an apartment, be sure to ask what is or isn’t included, and what other extra costs they may have.

Proximity to others

You should also consider how close your apartment is to others important to you. After your divorce, your friends and family are going to still be an important source of divorce. That’s why it may be good to find a place close-by to them. This makes it easy for them to come over and for you to spend time with them.

If you’re a parent, then you’ll especially want to give some consideration to your kids. It may be important to find a place which isn’t too far from your other co-parent to make things easier. You may also want to think about if your apartment will have enough space for your kids should they stay over there.

Future goals

Something you don’t want to forget to consider when looking for a post-divorce apartment is what your future plans are. For instance, consider what kind of job you want to work down the line. Will your apartment be close by to those opportunities? If not, then you may want to view this as just a temporary steppingstone.

Of course, you should also think about if you want to buy a new home. Some people like to stay in their apartment for a few years before settling down in a house again. Still, if you want to move into a new home sooner than that, you probably won’t want a super-long lease.

Post-Divorce Debt: Management Methods

Divorce can sometimes be costly, and as such it helps to prepare a bit financially. Still, even with a good plan, you might find yourself with some post-divorce debt. This debt is definitely something you’ll want to get under control. There’s a few things you can do to help get it down to a manageable level…

Post-Divorce Debt: Financial Impact of Divorce

Re-evaluate your budget

Your post-divorce debt is probably going to require you to take a new look at your budget. As you go away from a double-income household to a single-income one, your past budget may not work as well as it used to. Plus, you’ll probably have some additional expenses to manage. Among these will be your debt.

Therefore, take the time and plan out a potential new budget. Consider your necessary expenses, and how much income you make. This can help you see if you can cut spending in one area to help with debt payments, or if you may need to consider looking for a better-paying job.

Set up payment plans

Another helpful way to handle post-divorce debt is by having payment plans. Not paying your debt at all can quickly add up as extra interest is accumulated. Now, some places may give forgiveness for one or two months missed. Still, if it becomes a habit, then your debt will continue to mount and things like your credit will suffer.

Instead, you can see about setting up a payment plan. Usually, these will let you set up automatic payments for debt payments every month. You may also be able to set up adjusted payments. This can see you making smaller, more manageable monthly payments, but making more of them over a longer period of time.

Consider all your strategies

Of course, the best thing to do with post-divorce debt is to pay it off. However, it’s entirely possible that you just don’t have the extra money to do so. Rather than just let those bills pile up, you should take the time to consider all of your potential options.

For example, if you have good credit, you may want to think about debt consolidation. This puts all your debt together and can lower your interest rate. You might also want to consider debt management, settlement, and in extreme cases, bankruptcy. Just note that these can have a negative impact on your credit in exchange for helping you control or remove your debt.

Sell or Keep the Family Home: Post-Divorce

After a divorce, it can be difficult to decide if you should sell or keep the family home. There are plenty of factors that play into this. Everyone’s situation will be different…

Sell or Keep the Family Home: Factors to Consider

Finances

Your financial situation will play a big role in deciding if you should sell or keep the family home after a divorce. Based on your situation, you may have the option to sell the home and split the profit. Another option may be to buy out your spouse to keep the house. You will need to determine which is a better option for you financially.

You may have to speak with a financial advisor or an accountant to see which option is going to be the best financially. Keep in mind there are a lot of financial responsibilities that come with owning a house. You don’t want to start a new chapter of your life with expenses and debt you can’t handle. 

Eligibility for a Mortgage 

Additionally, while deciding if you should sell or keep the family home, you should check to see if you could qualify for a mortgage, if needed. In some cases, one spouse may not be approved to carry a mortgage on their own. This is especially true if they were a non-income earning spouse. You certainly don’t want to make a decision based on thinking you could easily buy another house without making sure you are eligible for a mortgage.

Children

If you have children, especially ones in school, they could be a factor in deciding if you should sell or keep the family home. It can be difficult to uproot children and move them to a different school. Therefore, this may play a role in you deciding to keep you in your current home. Research the schools in the new area you may be considering so that you can make an informed decision. 

A New Start

Sometimes, you may just need a brand new start. A home can hold a lot of memories and emotions. Selling a home can give you the opportunity for a new start. Whether that move is locally, or long-distance, moving into a completely new home may be a deciding factor in whether or not to sell or keep the family home. 

Divorce comes with many difficult decisions to make. Deciding if you should keep or sell the family home could be one of them. Take your time, do your research, and think it through so that you make sure you’re making the right decision.

Birds Nest Agreement: Will it Work for Me? 

When it comes to child custody, every family has their own ways of making it work. From swapping weekends, holidays, christmases, pick ups, and so forth— you each have things that make your agreement unique. One of the most jarring things about child custody swaps, is moving your child from one home to another on a regular basis. For some families, this just doesn’t feel like the right way to do things. Therefore, a certain agreement, called the birds nest agreement, has become popular for many families. So, we’re going to break it down for you, and help you decide whether this is just the move your family has been looking for. 

Birds Nest Agreement: Will it Work for Me? 

What is a birds nest agreement? 

A birds nest agreement is where you have one home for the each of you: one for Mom, Dad, and Child. In a birds nest agreement, the two parents will swap off time spent in the ‘birds nest’ when it’s their time for custody. In short, whoever has the custody time, will be in the house while the other parent will stay in their respective home. Each member has their own home, and both parents share the responsibilities of the third home. 

What is negative about this? 

Of course, the idea of having a third dwelling seems, and absolutely is, extremely costly. You have to maintain three rents/mortgages. In short, this option isn’t necessarily cost-efficient for anyone involved. 

Furthermore, this agreement can also seriously hinder a new relationship if you’re in one. You aren’t in your own home for half off the time, you share a space with your former spouse, and your time is more divided than it would be in any other situation. However, if this is important to you, it’s just another bump along the way for your relationship. 

However, there are plenty of positives

One: you solve the biggest issue for divorced parents, going back and forth between pick ups and drops offs. Your kid doesn’t have to shuffle their belongings, school work, and themselves between one home and the other. This option is stable, and skips some of the hardest things about a child custody agreement. Communication can be easy to maintain through a common calendar, white board, or other things throughout the house. 

All in all, it’s an expensive, yet stable option 

This type of agreement has it’s fair share of ups and down— as does any agreement. Ultimately, this would be a really nice option for anyone who has the financial ability to do so, and the flexibility to move from spot to spot on a regular basis. Every custody agreement is different, and each family needs something different— which makes this a viable option.