The Healthy Divorce Blog

How to Adjust to a Single Income After Divorce

Main Line Family Law Center — Tue, 14 Jun 2022 15:41:34 GMT

You’ve recently divorced. It’s likely been years or even decades since you’ve been on your own. Aside from the emotional adjustment that is life after divorce, it’s a drastic financial transition as well. You’re shifting from a dual-income household to a single-income household, which can be a huge lifestyle change.

On top of that, you may have incurred a lot of legal debt throughout the divorce process, or perhaps you now have alimony obligations. No matter what, adjusting to a single income after divorce is challenging. So where do you start?

Below are some crucial financial steps to take post-divorce to start living your life the way you want as soon as possible.

Starting Over Financially After Divorce

cpastore@mlfamilylawcenter.com (Cris Pastore, Main Line Family Law Center) — Wed, 25 May 2022 14:41:00 GMT

Starting over after divorce is overwhelming on all levels and readjusting to life without a partner can be a lot to deal with emotionally. You may find yourself questioning your wants, your needs, and your vision for the future. Where will you live now? What will your new lifestyle look like? And how much will it all cost?

The financial repercussions of divorce can be overshadowed by its emotional repercussions, but the financial repercussions don’t stay hidden for long. As difficult as divorce can be, it can also be a launching pad toward a strong financial future.

With the right financial plan in place, you can start fresh, get your spending on track, save money, increase your income, and achieve your financial goals.

5 Tips for Finding a Home Post Divorce

cpastore@mlfamilylawcenter.com (Cris Pastore, Main Line Family Law Center) — Wed, 11 May 2022 14:35:00 GMT

After settling from the strenuous process of divorce, you may find yourself searching for a semblance of normalcy. Most often, your home is where you feel the most comfortable and normal. After a divorce, your old house can feel like anything but home. Most often, people decide to move after a divorce, and for good reason. Although it seems impossible to navigate another stressful life event, careful planning and knowing where to start will take you headstrong into a new home!

How to Survive Your First Holiday After Divorce

Main Line Family Law Center — Mon, 22 Nov 2021 12:00:00 GMT

Using the 17 Factors of Alimony in PA in Divorce Mediation

cpastore@mlfamilylawcenter.com (Cris Pastore, Main Line Family Law Center) — Tue, 23 Feb 2021 14:57:02 GMT

When a couple files for divorce, it is not uncommon for a lower-earning spouse (or the spouse with the lower earning capacity) to need financial assistance in order to get back on his or her feet. This helps through the transition and/or to secure their longer-term financial future into retirement.

This is where post-divorce alimony payments can be of great assistance if you are in this position at the time of a divorce. While alimony can be one of the biggest sticking points in a divorce settlement, you don't have to go to court to work out alimony. You can mediate.