The unprecedented spread of the Covid19 virus has led to major changes in the way we live life, both here in Michigan, and on a national and even global scale.And for people who pay child support to their exes, this can be a significant issue, especially when so many people are suddenly jobless, or earning […]
Archive | Finances
Understanding your Financial Situation is Critical in Case of Divorce (Pt 2)
Understanding your family’s financial situation is important – especially if your marriage ends and you suddenly need to know what’s up with your money! Hey there, welcome back to this discussion about family finances, and why it’s so important for both spouses to be aware of what’s going on with the money side of things. […]
Understanding your Financial Situation is Critical in Case of Divorce (Pt 1)
Understanding your financial situation is very important, especially in case your marriage ends and you need to know where you stand! Most Michigan families have one spouse who deals with the family’s financial situation and one spouse who doesn’t. It’s pretty standard for most couples to have one person in charge of keeping track of […]
How Child Support is Figured Out in Michigan (Pt 2)
It may feel like they’re taking everything you’ve got (and more!) but there’s an equation the court is following here… Welcome back and thanks for joining us. We’ve been looking at the subject of child support and how it’s figured out in Michigan. In the previous article, we broke down the three most commonly used […]
How Child Support is Figured Out in Michigan (Pt 1)
Although it may feel like a shady backroom deal that takes more of your paycheck than is necessary, there’s actually a system for figuring out how much child support you owe. Child support is somewhat of a mystery to many people. How they figure out what you owe, how often you have to pay, why […]
Will They Take Money Out of my Paycheck if I Don’t Pay Child Support?
It may feel like you’re being robbed, but the law allows the state to garnish your wages if you don’t pay your child support. If you’ve been ordered by the court to pay child support, then you need to understand that it’s not optional – it’s a court order. This isn’t a judge telling you […]
Tips For The Newly Single: How to Live on One Income After Divorce (Pt 2)
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 […]
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 […]
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