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Day: January 21, 2020

January 21, 2020

6 Shocking Financial Surprises for Women Who Divorce

A recent study by Worthy — Building a Financial Fresh Start — examined the experiences of almost 1,800 adult women who were either facing divorce, were in the middle of a divorce, or had completed a divorce.  Overall, the study found that most of the women surveyed found themselves financially vulnerable due to two primary reasons: (1) the lack of financial knowledge; and (2) the lack of long-term financial planning. The six shocking financial surprises that divorcing and divorced women most often encounter include: Being unaware of the scope of marital debt; Not anticipating having to get a job; Assuming
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