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    Keeping your head above water
    How to make it through your divorce without going broke

      

    One of the great myths of separating and divorcing couples is that it is cheaper to live as a single than as a couple. Here's the fallacy in that thinking: presently, you both contribute to your lifestyle. And if you're like most couples, you struggle each month to make the paychecks stretch to pay the bills.

    If you could barely live on your combined incomes before the divorce, how do you think you can continue to live at the same standard after divorcing and setting up two households -- one for you and one for your ex?

    After the divorce, expenses that you didn't think about begin to surface. Let's look at some of these additional expenses -- both small and big:

    • Two house payments (or rent payments)

    • Two utility bills (one for each house)

    • Two telephone bills (one for each house)

    • New furniture for the second home, Kitchen staples (flour, sugar, cleaning supplies) and utensils (pots, pans, dishes)

    • Two car payments

    • Automotive maintenance and repairs

    • Convenience foods (new singles spend more money on take-out, eating out, and fast foods)

    • Kids' expenses (you may want to double up on many things so that your kids have belongings at Mom's and Dad's).


     
  • 1- Keeping your head above water
  • 2- Careful with the cards
  • 3- Lifestyle change
  • 4- Going broke
  •  
  • 5- Be honest
  • 6- Taking the money and running
  • 7- The facts






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