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5 Tips For Managing Finances After Divorce
How I went from being a spend freak to a wise, single Mum
I was living the dream. My hubby had a great job that paid well and I was fortunate enough to be able to be a stay-at-home Mum when my kids were small. Money was a bit like water running in the tap; it was a relatively endless supply. I spent without a qualm — although I will hastily add that I am not a shopaholic for frivolous or materialistic things.
I/we had everything we needed including a lovely house, a new car and vacations annually.
Then the shit hit the fan and I wanted out. Well, it was brewing for years — but that’s another story.
The money was superfluous to my happiness. After years of negotiations, lawyers bills, and tears of frustration, I was finally divorced — and all alone to manage the finances that I had never taken any interest in other than spending them.
How did I go from dependent to independent?
The very first thing I did was figure out how much was coming in and how much went out — as fast as it did. I knew I needed to be smart about money. The last thing I wanted to do was have to go crawling back to him to bail me out.
