Category: Finances

  • Tips For Michigan Parents: Saving Money on Your Taxes (Pt. 2)

      Welcome back! We know taxes aren’t the most exciting subject, but we also know that most people could stand to save a few bucks. So we put his list together for you with pointers on how to save money this tax season. In the previous segment, we talked briefly about four ways parents could…

  • Tips For Michigan Parents: Saving Money on Your Taxes (Pt. 1)

      It’s that time of year again! Yes, you guessed it: Tax Season. Taxes are viewed as a source of stress and added work for many families. However, they often mean that there’s a chunk of change headed your way, which is never a bad thing! If you’re a parent, you need that extra money…

  • Is There a Financial Upside To Getting Divorced?

      Pick ten articles on the financial ramifications of divorce, and 9 of them will probably predict a future of money troubles, penny pinching and budget cutbacks. Why?   Because divorce is financially hard on many people. You go from two incomes to one. You suddenly have less earning power, and twice as many things…

  • Does Getting a Divorce Mean You Have To Lose Your Home? Pt. 2

    Welcome back and thanks for joining us again. In our previous post we talked about the difficulty of assigning a value to your home, and who to talk to in order to have your home evaluated. But now that you’ve had it done, you’ve got a number and you know the value of your house,…

  • Did You Know? The Truth About Spousal Support in Michigan (Pt 2)

      Welcome back and thanks for joining us. We’ve been discussing spousal support (also known as alimony) in Michigan, and trying to give our readers a rough overview of everything this subject involves. It’s a complex subject, so we’re just aiming to   In the previous segment, we talked about what exactly spousal support is,…

  • Did You Know? The Truth About Spousal Support in Michigan (Pt 1)

      What is spousal support?   Spousal support is one of those terms that carries with it vague negative associations. Perhaps because it was traditionally granted to women after a divorce, as they weren’t able to support themselves financially. As such, it now has the tarnish of being “gender-biased”.   Perhaps it’s simply because very…

  • It’s Hard, But You CAN Survive on One Income After Divorce! (Pt. 2)

      Thanks for joining us again for this discussion about how to live on one income after a divorce. In our previous article we broke down our first three items on the list, namely creating a budget, eliminating unnecessary expenses, and going back to school. However, there’s more you could do to make ends meet…

  • It’s Hard, But You CAN Survive on One Income After Divorce! (Pt. 1)

      Divorce can be so hard! There’s so much paperwork, so many emotional issues to contend with, and if you have kids it’s even more difficult! And that’s not even the financial issues, which are a whole different ball game! But that’s what we’d like to talk to you about today – the financial issues.…

  • Does Being Financially Dependent Increase Your Chances of Cheating?

      There’s a common saying that goes: Don’t bite the hand that feeds you. Yet in some cases, perhaps it is the very fact that one is required to depend on that very hand, that leads to biting. At least, in certain situations. According to Christin Munsch, an assistant professor of sociology at the University…

  • What?! How Much Is My Divorce Going To Cost? (Part 3)

      In the previous two segments of this series, we talked about the more tangible costs involved in getting a divorce. These included assorted financial costs, and the potential drain on your personal time. Moving on, we’re going to look at some of the costs that are harder to quantify. In other words, the emotional,…