If tasks such as organizing and paying taxes, monthly bills and insurance had been handled by your spouse, you will now have to learn to complete them independently. Resist involving your children in financial burdens. Worrying about money can be difficult for children at a time when they may be seeking extra support and stability. Figure out your financial needs and available resources. Sit down and make a list of money coming in and money going out.
Budgets can be powerful tools for easing financial stress.
Monitor your expenses, especially in the initial months after divorce. Make plans for improving your financial situation. It may be important to seek additional education or training in order to increase your income. Look into retirement plans and insurance policies and make attempts to ensure the security of yourself and your children. Plan for your children s future.