Getting a Divorce on a Budget

It’s easy to dismiss the costly nature of divorce when your emotional stability is at stake. But remember, as soon as a couple decides to separate, the divorce process immediately becomes more costly. Expenses that were previously shared, including rent and mortgage, are essentially doubled. Even if couples try to live under the same roof, no longer sharing financial responsibilities on an existing schedule can be a burden if one or both partners do not work full-time.

Everyday expenses can add up quickly, putting both parties at risk of credit debt; however, unless you’re in a financial position that does not allow separation before divorce, divorce attorneys recommend one or both spouses move out of their shared home.

While there are no sure ways to avoid additional expense during a divorce, there are a few ways to ease the burden: invite friends or relatives to move into the space you shared with your spouse to help cover the payments. Having a support system in your home can be extremely helpful both financial and psychologically. Divorce mediation, which resolves your divorce outside of the courts, is another way to decrease your expenses, possibly increasing your financial freedom.

Original article here.