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Rebuild Finances

How to Rebuild Your Finances After Divorce

February 13, 20251 min read

"How to Rebuild Your Finances After Divorce"

Divorce often brings financial uncertainty, especially if you rely on a partner for stability. While rebuilding your finances can feel overwhelming, it’s also an opportunity to regain control and create independence.

Why Finances Feel Overwhelming

  • Lack of Financial Literacy: If your partner handled the money, you may feel unprepared to manage it alone.

  • Fear of Scarcity: Divorce may have brought a significant drop in income, creating anxiety about making ends meet.

  • Emotional Spending: You may use shopping or other financial habits to cope with stress.

Steps to Rebuild Financial Security

  1. Assess Your Situation: Write down all your income, expenses, assets, and debts to get a clear picture of where you stand.

  2. Create a Budget: Prioritise essential expenses and set realistic goals for saving and debt repayment.

  3. Build a Financial Plan: Work with a financial advisor to create long-term strategies for security and growth.

  4. Address Emotional Triggers: Recognize and reframe any fears or beliefs about money that are holding you back.

💡 Your Next Step: Take control of your financial future with expert guidance.  Learn more, book a free call, or join our 3-Day Reset Your Life and Shine After Divorce event here: https://bit.ly/m/Women-On-Transition.

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Fiona May

Fiona May Steddy is the founder of Women On Transition. Fiona has coached over 20,000 women to transform their lives and move on after separation of divorce.

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