You’re going to need to scale back on spending when you move from two incomes to one. Welcome back and thanks for joining us. We’ve been talking about the issues people face (from a financial angel) after the divorce, and the best advice we can give you to avoid that is this: don’t wait until […]
Archive | Finances
Tips For The Newly Single: How to Live on One Income After Divorce (Pt 1)
As a newly-single person, you’re going to have to make financial sacrifices. Unnecessary purchases and life’s luxuries will have to take a backseat for a while. Divorce can be a very hard time for families. However, while it’s already difficult from an emotional and mental standpoint, there are also financial ramifications to consider. As we […]
New Study Proves Child Support Rates Are Very Inconsistent! (Pt 2)
Where you live in the US will have a lot to do with how much child support you receive, says a new study on the inconsistencies of child support! Hi there and welcome back. We’ve been looking at an amazing study conducted recently by Custody X Change, a software used to develop custody agreements and help […]
New Study Proves Child Support Rates Are Very Inconsistent! (Pt 1)
The point of child support is to ensure that the child’s needs are met. So the parent providing most of the child care is supported financially by the parent who provides less care. Many things differ from state to state. And we’re not just talking about differences in weather from one place to another, or […]
Do I Still Have to Pay Child Support if my Kids Stay With me For The Summer? (Pt 2)
Summer vacations means bigger budgets. Fun in the sun doesn’t usually come cheap, so parents paying child support sometimes struggle. Hey there, and welcome back. We’ve been talking about a subject that hits hard for many parents during the summer season – the issue of taking on additional expenses because you’re now spending more time […]
Do I Still Have to Pay Child Support if my Kids Stay With me For The Summer? (Pt 1)
Parents who get a lot more time caring for their kids over the summer sometimes wonder if they can pay less in child support to offset the seasonal costs. The summer in Michigan is unlike any other season (although with all this rain, it sure feels like spring, doesn’t it?) people travel more, go on […]
Why do I Have to Pay Alimony? Can’t my Lazy ex Earn Their Own Money? (Pt 2)
It may feel like your ex thinks your paycheck grows on trees, but there are certain factors to consider. Hey there, thanks for coming back for the rest of this discussion on alimony in Michigan, and why you may have to pay it (even if you really don’t want to!). As we explained in the […]
Should You Get Remarried in Later Life? (A Breakdown of The Financial Concerns.)
You can pursue love and protect your interests at the same time, if you plan ahead! If you’ve been giving some thought to the idea of getting married again as a senior, you already know there are a lot of things you need to consider first. The pros and cons of getting married or remarried […]
What Actually Happens to Your Debt After You Get Divorced! (Pt 2)
If you and your spouse owe a lot of credit card debt, you may not like the way it’s handled after your divorce… Hi there. Welcome back to this look at what happens to your debt after you get divorced. As we mentioned in the previous article, there is no cut-and-dried explanation for how debt […]
What Actually Happens to Your Debt After You Get Divorced! (Pt 1)
Credit card debt is a big one – and causes a lot of problems for divorcing couples. For most people, when they think about what they need to address during a divorce, they tend to think about dividing up their stuff. Who gets the car? Who keeps the house? Who inherits the camper? But it’s […]
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