14 Money Mistakes You Should Avoid When You Divorce

IGNORING THE INEVITABLE CHANGE IN YOUR STANDARD OF LIVING

If you do decide to move forward with your divorce, it’s important to accept that your financial circumstances will change. ‘Embrace it,’ advises April Masini, relationship expert, author of four relationship advice books, and the host of Relationship Advice Forum, ‘or you’ll run the risk of making bad financial decisions.’

In fact, certified financial planner Lauren Klein has seen clients make poor decisions such as using retirement funds to finance ‘keeping the house,’ only to see the house lose value and become an enormous financial burden.

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