Divorce for a woman can be a process that is challenging. This is true especially if there are children involved. According to the United States Census Bureau, a woman’s total family income will drop an average of 37% following a divorce. This leads to women suffering much more greatly from a financial point of view when a marriage ends. A mother who used to be able to stay home and raise her children may now be faced with having to find a job and put her children in childcare in order to support her family.
A few things to consider when entering the divorce process are:
- How am I going to support my family after the divorce is final?
- What programs or college options are available to me to assist in entering the job force?
- How will I find a job?
- How will I budget money while attempting to keep my or my children’s lives as stable as possible?
When a marriage ends, the loss can affect everyone involved, and it is important to embrace the process as a new beginning. A person who has been married for a long period of time can begin to feel lost in the transition process of accepting being single. The best way to move on successfully is to have an emotional and financial plan that gets you prepared and excited for what is to come.
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