VWB Blog Around 50% of Americans divorce at some point in their lives. However, divorcing people require an income increase of over 30% on average. This is to sustain the same standard of living they had before their divorce.
You will most probably lose half of your investments. That’s all you’ve earned and saved during your marriage, not to mention how you’ll get by in life with only your earnings. Breathe.
Life is about to change. So, you should know how to recover from divorce.
Losing your companion and financial stability at the same time is a double tragedy, but you will get through it. In fact, you’ll be thriving one day. If you initiated the divorce, you already understand in your heart that it was the right decision.
Here are tips on how to recover from divorce emotionally and financially.
Make a Budget and Live Within Your Means
The average cost of divorce in America is $15,000, which can be an overwhelming burden to overcome. You can recover from these expenses if you first accept that your post-divorce lifestyle will likely change.
Most married couples share their finances. After a divorce, this is one thing that changes. No more relying on each other’s income.
So, it is advisable to come up with a budget. Assess how much income you have and compare it to all your bills. This will help you settle your expenses on time and give you room to live life.
After divorce, don’t be tempted to spend your money carelessly by changing your closet or buying a new car.
You can seek assistance on the financial settlement on divorce from a divorce attorney.
Don’t Delay Divorce Legalities
To quickly start the next phase of your life after divorce, finalize all the divorce papers. It may seem easier to avoid it because you’re scared of losing your belongings or coming to terms with what is happening.
No matter your reasons for avoiding this process, keep in mind it will only make things worse for you in the long run.
It’s Okay to Mourn
You might think that creating an emotional wall is the best solution for dealing with the pain. Unfortunately, you can end up piling up so much pain, which slowly puts your mental, physical and emotional health at risk.
Divorce’s emotional stages are similar to those of grief. If you have lost someone, you should allow yourself to go through the different mourning states. This will make your healing process easier.
Consider Seeing a Therapist
Divorce can take an extreme psychological and emotional toll on you. It might actually result in depression.
Friends and relatives are great to vent out to, but you should consider seeking professional assistance. Post-divorce counseling will be beneficial to you both emotionally and mentally.
You Now Know How to Recover From Divorce
A divorce can be a financially and emotionally draining experience. During and after divorce, feelings get hurt, there are changes in financial support and security, and a total lifestyle change happens. The above tips will help you survive a divorce and emerge stronger.
We hope you’ve learned something helpful on how to recover from divorce. Keep checking our website for more informative blog posts.