Money Matters When Divorcing with Children: How to Navigate Finances For a Secure Future
Donna Cates, CDFA Divorcing when you have children adds a layer of complexity to an already challenging process. Beyond emotional considerations, financial decisions made during and after divorce can have long-lasting impacts on your children’s well-being and your financial future. At Money Matters Wealth Solutions, Donna Cates focuses on helping parents like you make informed, strategic decisions that support your goals and protect your family. Key Financial Considerations for Divorcing Parents 1. Child Support and Expenses Understanding how child support is calculated and what it covers is critical. But don’t stop there—consider extracurricular activities, medical expenses, and future Education costs. These often-overlooked items can significantly impact your post-divorce budget. 2. Housing Decisions Deciding whether to keep the marital home can be an emotional choice, but it must also be a financially sound one. I help parents evaluate whether staying in the home aligns with their long-term financial
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