When He Withholds Financial Information
Going through a divorce is hard enough for both parties. But when your soon-to-be ex doesn’t follow the rules, it can make things pretty distasteful. The legal process of separating assets and finances demands complete transparency from both parties. After all, an equitable division of marital property depends on full and accurate disclosure of income, […]
Reentering the Workforce Post-Divorce
Going through a divorce means making life-altering changes beyond that go beyond the end of your marriage. Let’s face it: divorce is tough. But the end of your marriage shouldn’t mean the end of your career. Reentering the workforce and restarting your career can be tricky if you’ve been out of the job market for […]
Financial Constraints: The Economic Chains of Marriage
When you think about marriage, what comes to mind? Love, commitment, and…joint bank accounts? That’s right – marital finances are a package deal! From the moment you exchange rings, your economic lives become intertwined. But this isn’t a new concept. Throughout history, marriage has been tied to economics. In the past, it was all about […]
Tales of Divorce: Personal Stories
When Sarah said “I do,” she thought it was forever. But life has a way of throwing curveballs when you least expect them. Divorce wasn’t part of the plan, but then again, neither was falling out of love. Sarah’s story is one of rediscovering herself when her world was turned upside down. It’s about finding […]
The Value of Financial Planning During Divorce
Divorce. It’s a word that can strike fear, uncertainty, and a whirlwind of emotions. And amidst the turmoil, it’s easy to overlook one of the most critical aspects: your financial future. At Purposeful Wealth Advisors, we understand the complexities that come with untangling your financial life during a divorce. It’s not just about splitting assets; […]
Certified Divorce Financial Analyst’s Guidance on Navigating Finances on a Limited Income After Divorce
Divorce can be emotionally and financially draining, leaving you with the challenge of managing your finances on a limited income. It’s a tough situation to navigate, but with the right guidance, you can maximize your savings and regain control of your financial future. In this article, we’ll explore how to make the most of your […]
Insights from a Certified Divorce Financial Analyst In Adapting Budgets After Divorce
Divorce – a word that carries a weight as heavy as the emotional turmoil it entails. As if the emotional rollercoaster isn’t enough, divorce often brings about a significant financial upheaval too. Adjusting to a new financial reality post-divorce can be challenging, but it’s not insurmountable. It’s essential to create a new budget after divorce […]
Investing After Divorce: How a Certified Divorce Financial Analyst Can Guide You
Divorce is a challenging journey that can take an emotional and financial toll on anyone. As you reach the end of your divorce, you will find that you need to make decisions about many financial matters including how you will invest your assets after your divorce. This is where a Certified Divorce Financial Analyst® (CDFA®) […]
How To Prepare Your Kids College Funds as a Single Parent
As a single parent, the responsibility of providing for your children’s future can seem overwhelming at times. While different people have different goals for the type of support they want to provide for their kids’ college education, this can often be one of the major financial concerns single parents face. In this article, we will […]
Chicago Certified Divorce Financial Analyst’s®: Post-Divorce Guide
Divorce can be a challenging process. In this guide, we will explore essential steps for a post-divorce transition plan to ensure things go smoothly after your settlement. Understanding Your Post-Divorce Financial Landscape The first step in regaining control of your finances after a divorce is gaining a clear understanding of your new financial reality. Ask […]