Ending a long-term marriage is often a financial reset. Many people leave marriages unsure of how to reclaim control over their money, their goals, and their future. You deserve to feel empowered and financially secure, no matter where life has taken you.
- Take Inventory of Your Finances
Start by getting a clear picture of where you stand. Gather documentation on all income sources such as bank accounts, retirement and investment accounts, debts, loans, and credit cards. This gives you the foundation you need to make smart decisions moving forward. Knowledge is power and in divorce, it’s the first step toward reclaiming your power.
- Create a Post-Divorce Budget
Your lifestyle is changing, and so should your budget. It’s important to factor in rent or mortgage, utilities and household expenses, insurance and healthcare, childcare or education costs, and savings. Build a budget that supports your independence while still being realistic.
- Establish or Rebuild Credit in Your Name
If your credit history was tied to your spouse’s accounts, it’s time to take the reins. Open new accounts in your name and pay them off responsibly. Your credit score affects everything from loan approval to rental applications, so treat it like a personal asset.
- Reentering or Advancing in the Workforce
If you stepped away from your career during your marriage, this is your moment to rediscover your potential. Consider online courses or certifications, career counseling or resume coaching, and networking events.
- Work with a Financial Advisor
A qualified advisor can help you set long-term goals, understand your settlement, and create a retirement plan. Look for someone who understands the unique challenges women face in divorce to advocate for your future.
- Know Your Legal Rights
Divorce settlements should be fair and reflect your contributions, whether financial or otherwise. At Florida Women’s Law Group, we strive to make sure that you receive the best possible outcome for you and your family.
You Deserve a Fresh Start
Reclaiming financial independence isn’t just a necessity, it’s an act of self-love. You’ve taken care of others for years. Now it’s time to take care of you.
If you are considering divorce and need guidance or legal support, call us at 904-900-2419 or schedule a call here! Our team of experienced attorneys is dedicated to advocating for women's rights and best interests. Take the first step towards a brighter future for you and your family today.
