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« Divorce Budgeting Tip 7 | Main | Divorce is Bad for Your Health »

Divorce Budgeting Tip 8

July 27, 2009

8. Have a backup plan.

Or worse, if you happen to lose your job in what is becoming a tough economy these days, make sure you have a plan. “If you find yourself in this position the first step is to sit down with a financial planner and put your numbers on paper.” said Kelly Campbell, CEO of Campbell Wealth Management in Fairfax, Va. “This is a critical step to take immediately because having the correct plan, with the correct assumptions, will tell you whether you need to find another full-time job, a part-time job or don’t need another job,” added Campbell. With a little organization and a clear plan of action, you’re well on your way to a manageable budget. There is life after divorce, so start living a debt-free, worry-free life now and enjoy your newfound financial freedom.

By: Brian O’Connell

Posted by Judith Gerhart on July 27, 2009 | Permalink | Post a comment

Topics: Divorce, Tips |


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