Divorce is expensive no matter which way you look at it. Below, we discuss some ways to lift the financial burden of getting divorced in Florida and how a veteran family lawyer can assist you.
Learn Where Your Money Goes
Start looking at how much money comes into your household and where it goes. Understanding your family finances is critical to creating a realistic divorce or separation plan, whether or not you are the primary breadwinner in the marriage. If you’re not the main wage earner, this is even more imperative to establishing a divorce plan.
Decide How Much You Need to Start Making
Get a good look at how much money your family spends and use this figure to determine how much you will need to make in order to live independently. Be sure to factor in housing costs, utilities, childcare costs, and daily expenses so your figures are as realistic as possible. This step may be jarring and may make you feel like divorce is financially impossible, but it’s important to move forward with accurate data.
Look For a New or Second Job
Once you have a few solid figures in your head or financial goals that you have set, it’s time to consider how you will meet them. You may need to get a new job with a different company that pays more, or you could even need a second job in order to establish enough income to meet independent living expenses. You can also consider living with a roommate or visiting local food pantries to trim costs and help the money you make go further.
Start Saving Back Money
As you cut costs and start bringing in your own money, you should be able to start saving it back in an account of your own. Or, you can put it in a lockbox or safe deposit box until you are ready to use it. Unless you are in a situation where you need to leave immediately, having some cash reserves before filing for divorce is often a good idea.
Reach Out For Legal Help for financial burden
Don’t hesitate to reach out for legal guidance as soon as you begin considering ending your marriage. Contact top Tampa, Florida divorce attorney Shazia Sparkman at Sparkman Law Firm today by dialing 813-374-2000. We are available now to assist your family.
