Take charge of your finances after a divorce

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A successful divorce marks the end of a marital union, and the beginning of a new life. FMTNews Finance

This may be very disorienting for some women. After a divorce, there are many things for you to organise.The divorce does not only bring emotional pain, but also financial disorder. More often than not, the financial havoc that follows a divorce affects the wife more than it does the husband.

This is even more crucial if you get custody of your children. To get your financial life in order, you must take specific actions as soon as you are able to.The first step to getting up to speed on your money matters is taking a financial inventory. After the divorce, find out what you have and what you owe.

Determine the assets that you have. These include cash, stocks, properties and even antiques. After that, determine your financial objectives.

 

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