The Top 6 Serious Financial Mistakes Women Make During Their Divorce

The 6 MAJOR Financial Mistakes Women Make During Divorce
This post was published on the now-closed HuffPost Contributor platform. Contributors control their own work and posted freely to our site. If you need to flag this entry as abusive, send us an email.

When you took those vows 10, 20, 30 years ago you never dreamed it would come to this. You are now getting divorced and you feel like the rug has been pulled out from under you. All the plans you made for your future must now be rewritten. Your life is about to change and you have no idea how to even begin the process of divorce.

First, take heart. You are not alone, although it may feel that way. Over fifty percent of all first marriages end in you are in the majority!

Second, take a deep breath and gather your thoughts. Try to put your emotions aside and think financially. Someone once said, "Marriage is all about love and divorce is all about money" and I couldn't agree more. Therefore your focus should now be about securing your (and your children's) financial future.

So don't throw up your arms and surrender just to get this over with. Instead, arm yourself. Understanding the following information could significantly increase your chances for a financially secure life, both now and in the future.

Not securing alimony, property settlement and child support payments with life insurance.

The Top 6 Serious Financial Mistakes Women Make During Their Divorce

The bottom line is that you don't know what you don't know. Make sure you get the right professionals on your side as early as possible in your divorce. There are simply too many ways that you could harm your financial future and you might not even realize it until years later when it's far too late.

Go To Homepage

Before You Go