Financially Recovering from Divorce or Separation
Finances and Divorce
Finances and divorce can be a disruptive combination
From your sleep routine to what you thought your future was going to be like, to your day-to-day finances, everything feels untethered, unsafe, and uncertain. Whether you’re just beginning to prepare for this transition, or you’re deep in the throes of it or are finally beginning to recover, finances and divorce can be traumatic, but you CAN get through this.
It’s two steps forward, one step back… and then another step back
Right now it can feel like you’re simultaneously stuck and apathetic. Somehow both in crisis and shut down, overwhelmed and frustrated.
It's all on you now
It’s overwhelming… you’re always worried, always thinking about money, always insecure, and always busy. But somehow never quite getting the things done you should be doing… it’s impossible to stay focused. You find yourself shutting down… avoiding… disappearing… losing yourself.
The impetus to shut down is a protective strategy to keep us from continuing to expose ourselves to pain, and it’s absolutely NORMAL.
It’s very easy to get sucked into the cycle of avoidance, procrastination, and shutting down. And you don’t need me to tell you that cycle of avoiding only makes everything worse. Of course, this protective avoidance can make anyone second-guess their reactions and decisions in many domains of their life, but especially finances.
You're wondering if financial coaching after divorce could work
What would it look like if you could make better decisions (financial and otherwise), be confident in your choices, and be at peace with your future?
Wait, no, not just at peace with your future… what would it look like if you were directing your life toward the future YOU choose?
Would you be able to model that resilience and trust in yourself for your kids? Would you feel more organized, comfortable, and maybe even… happy?
The good news you already have everything you need to get to that place of confidence, resilience, and peace!
What would it look like if you could make better decisions (financial and otherwise), be confident in your choices, and be at peace with your future?
Wait, no, not just at peace with your future… what would it look like if you were directing your life toward the future YOU choose?
Would you be able to model that resilience and trust in yourself for your kids? Would you feel more organized, comfortable, and maybe even… happy?
The good news you already have everything you need to get to that place of confidence, resilience, and peace!
Here's what our very first conversation will look like
In our first session, we’ll talk about where you are and where you want to go. We’ll take as much time as you need.
From that point on, we are a team. I’ll share with you strategies, and tools (they’re mostly just games) to help you develop your own money language, create an adaptive spending plan, and build a scaffold for your own systems!
Far from plugging a premade, prescriptive budget into your life, we’re going to custom-build a money system. Once we develop that system to tackle the current obstacles, we will begin thinking about our goals and dreams further into the future.
The scaffold we’ll build is nothing less than a customized strategy built for you BY you!
Eventually, you won’t need me anymore!
When you can trust yourself with money, observe your own behavior without judgment, and know how to iterate your own money system, I know my work is done!
Not sure if financial coaching after a divorce is right for you?
Here are some of the concernes my clients and I have worked through:
- Preparing for the financial impact of divorce or separation
- How to make better decisions under the pressure of finances and divorce
- Understanding and undermining procrastination and avoidance
- Reshaping and re-evaluating long-term goals
- Creating a personalized, adaptable budget after divorce (not a conventional budget)
- Feeling confident and secure around setting goals for the future
- Modeling good financial routines/systems for children
- Healing relationship with money
- Changing spending without restriction or shame
- Being aware of actions/reactions without judgment
- Recovering from fraud and scams
- Recovering from financial infidelity
- Recovering from financial abuse
- Feeling trapped in a marriage because of money
You're so much closer than you might think!
Let’s get started with a free info session! Call or text us at 503-908-3425 or fill out the form below!
FAQs
Q: What happens to finances during a divorce?
A: Divorce often involves dividing assets, debts, and determining future financial responsibilities. This can include splitting retirement accounts, selling property, and deciding on alimony or child support. (This is, of course, the simplest possible answer to an incredibly complex questin)
Q: How do I protect my money during a divorce?
A: To protect your finances, it’s crucial to understand where your assets are, gather documentation, open individual accounts, and work with a financial coach or attorney to plan ahead.
Q: Should I try to hide my assets or money during a divorce?
A: No, you should not try to hide assets or money. It’s illegal and unethical, and even after a divorce, if your fraud is found out, you could be sued for it.
Q: Do I need a financial coach for my divorce?
A: No. If you have to choose between a divorce attorney and a financial coach, choose the attorney. While a lawyer handles the legal side, a financial coach can help you understand your numbers, set goals, reduce the impact of financial trauma, and set up you for a healthy financial future.
Q: What are common financial mistakes people make during divorce?
A: While I don’t like the term “mistake”, common pitfalls I’ve seen people succumb to are: underestimating living expenses, not understanding shared debts, getting blindsided by tax consequences, and not taking care of their bodies during stressful times.
Ready to Start Financial Coaching Services in California, New York, Texas, or anywhere else in the United States?
Embarking on a fresh financial journey post-divorce? Take control of your financial destiny with our tailored financial coaching services at Pacific Stoa. Let us guide you through budgeting, smart investment strategies, and personalized divorce financial advice, empowering you to rebuild and thrive. Seize the opportunity to secure your financial future – start your journey to financial empowerment by following these simple steps:
1. Reach out to me to schedule an appointment for your first Financial Coaching session
2. Begin meeting with me, Hanna Morrell, a skilled financial coach
3. Take control of your finances after a divorce or separation!
Other Services Offered at Pacific Stoa
At Pacific Stoa, I want to make sure you have everything you need when it comes to managing your finances. So in addition to helping my clients take control of their finances after divorce or separation, I also provide Individual Financial Coaching, Financial Coaching for Couples, and Financial Coaching for Families. I also offer Financial Consulting for Nonprofits and Businesses to help create a customized strategy built specifically for you, your organization, and those you serve. Check out my FAQ to learn more about Financial Coaching and my Blog!