Divorce is a tough journey, not just emotionally, but financially. If you're navigating the financial fallout of a separation, this episode is for you. We'll offer a compassionate guide to the practical steps you need to take to regain control of your finances and build a solid foundation for your future.
In this Episode:
Biblical Perspectives on Divorce: We start by exploring the complex biblical teachings on divorce, including the concepts of permanence, sexual immorality, and desertion. We'll also discuss how to find counsel and comfort through a faith-based lens.
The Financial Fallout: Learn how divorce impacts your income, assets, and debt. We’ll discuss the reality of a halved income, the complexities of dividing assets like homes and retirement accounts, and the surprising ways joint debt can affect your credit score.
Your Financial Roadmap After Divorce: Get a practical, step-by-step guide to rebuilding your financial life. We'll cover how to create a new budget, update your accounts, reassess your insurance needs, and plan for retirement.
Tackling Debt: We break down how to get a clear picture of your new debt landscape and introduce the debt snowball method—a powerful strategy for paying off debt and gaining much-needed momentum.
Resources Mentioned:
BibleProject: https://bibleproject.com/explore/divorce-in-the-bible/
Annual Credit Report: https://www.annualcreditreport.com
Take Action:
This journey requires courage, and you don’t have to do it alone. If you’re ready to take the next step and build a new financial future, Financial Coach Jon is here to help. Schedule a discovery call.
Connect with Us:
Private 1-on 1 Coaching - Create a plan for your money and get some help and direction. Schedule at time today.Strategy Session
Check out: Financial Coaching for Kingdom Men Blog.
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Email: jon@finacialcoachjonllc.com
Visit the website: www.financialcoachjonllc.com
Music by Sergio Prosvirini from Pixabay
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