The Money Wake-Up Call
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The Money Wake-Up Call
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In this episode of the Conscious Divorce Podcast, I dive into the transformative journey of navigating divorce with intention and awareness. We explore how to approach this life transition not as an ending, but as a launch pad for the life you're meant to live. Join me as I discuss the financial wake-up call that everyone considering divorce should hear before taking action.
- 01:53 The Importance of Financial Preparation
- 03:46 What Goes Wrong in Divorce Preparation
- 06:43 Practical Steps for Divorce Preparation
- 11:32 Understanding Marital vs. Separate Property
- 20:40 The Need for Two Budgets: During and After Divorce
- 25:22 Budgeting vs. Financial Planning
- 37:52 Updating Documents Post-Divorce
Throughout the episode, I am joined by Hirsh from Lifecycle Financial, who shares his expertise on the financial complexities of divorce. We cover everything from gathering essential documents to understanding the nuances of asset division. Whether you're considering divorce or already in the process, this episode is packed with insights to help you reclaim your financial power and clarity.
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