Shownotes
In this episode of my podcast "Life Goes On: A Woman's Wellness Guide to Thriving After Adversity," I'll be sharing my personal experience of going through a public divorce and offering tips on how to rebuild finances after divorce. I'll be addressing the financial challenges that women face, such as lower earnings and credit issues. I'll provide ten quick tips, like calculating net worth, setting new financial goals, reducing expenses, and building an emergency fund. If you have any questions or need further assistance, please don't hesitate to reach out. And don't forget to subscribe for future episodes on wellness and overcoming adversity.
Finances after divorce [00:00:59]
Tips on managing finances after divorce, including the impact on income, credit, and expenses.
Calculating net worth and setting financial goals [00:02:11]
Importance of calculating net worth and setting personal financial goals after divorce.
Paying off debt and rebuilding credit [00:05:28]
Strategies for paying off debt and rebuilding credit after divorce, including the snowball and avalanche methods.
Key Takeaways
This episode includes steps to rebuild finances, including calculating net worth, setting new financial goals, creating a new spending plan, reducing expenses, building an emergency fund, paying off debt, rebuilding credit, and increasing income.