Monthly Archives: August 2013

Post Divorce Long Term Financial Planning

THE TIME IS RIGHT

Sandy Balick of Consensus Point Mediation, LLC (consensuspointmediation.com) discusses the importance of regular savings post divorce.More than a few divorce survivors, giddy with newfound financial freedom, have managed to spend large sums of money in shockingly short periods of time, whether in frivolous ways or through poor investing (people with investing ideas will swarm around you like flies on a carcass).

Those on the depleted side of the post-divorce financial equation may find themselves forced to make do with less in the short term. Ironically, there may be a silver lining here as straitened circumstances can impose a powerful spending discipline – imparting an acute sense of where every dollar is going.

Continue reading

Share