Are you realizing during divorce that you know very little about the family finances?

As we at Alberta Divorce Finances are constantly preaching, education is POWER in divorce!

We are meeting with more and more men and women who were uninvolved or who have little knowledge of their family financial situation. When we got married, we each assumed the particular roles that helped our families run as smoothly as possible. Unfortunately, sometimes this meant that one partner was not at all involved with the family finances. On some occasions it was because we chose not to be involved and sometimes it may have been that we weren’t allowed to be. If you are facing either case and contemplating or going through divorce, this fact makes the journey that much more difficult. Lawyers ask you to relay financial documentation and information that you may not have or worse may not understand. This very fact seems to make people feel ashamed and sometimes humiliated. People are embarrassed that they do not know more. Both men and women seem to be unjustly berating themselves over this fact, on top of the stressful situation of divorce that they are already going through. Ensure you have professional support in divorce to see you through these shortcomings.

There are lots of great resources to help you begin your financial education. Start with the very basics. You don’t need to learn everything today, get through your divorce and then begin to plan. You will have to pay your own bills, manage your own money and make decisions about investments. Rely on professional support to help you in this area. ALWAYS go with your gut and treat yourself kindly! Soon you will be managing your OWN financial situation.  As you travel this journey toward independence, remember that it is never too late to learn.

Sharon Numerow, Financial AdvisorSharon Numerow is a Certified Divorce Financial Analyst™ and the founder and owner of Alberta Divorce Finances. She is also the proprietor of a personal income tax return preparation business. She has worked with clients and lawyers for more than 10 years consulting on divorce finances. She can be reached at (403) 703-7176, Sharon@AlbertaDivorceFinances.com. View her firm’s Divorce Magazine profile.

4 comments

  1. cpalead says:

    This article is pretty informative. it actually provide me what im searching for. Thank you for Sharing

  2. Aw, this was a really quality post. In theory I’d like to write like this also – taking time and real effort to make a good article… but what can I say… I procrastinate alot and never seem to get anything done… Regards

  3. marketiva says:

    cool, wonderful share,great article,very usefull for me…thanks 🙂

  4. Thank you for your comments.

    You may want to check out my other blog post about “How you can control the “what-ifs” in divorce” – http://blogsondivorce.com/financial/you-can-control-the-what-ifs-in-divorce.php

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