Common Sense Divorce And Custody Information

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Previous: Take some time off

Save like a mad man leading up to the separation

Everyone needs a rainy day fund. Most financial advice that I have read indicates that you should have 3-6 months of living expenses put aside. You will need instant access to this money. Most institutions affix fees to CD’s and bond funds and might have early withdrawal penalties.

It might be best to put your family’s emergency cash in a safe deposit box or a firebox, which you keep at the house of a family member.

Start putting some money aside for those events that come up in ones life. If you can trust yourself completely, go get a small firebox that locks with a key. Put as much cash away as possible. This will be used for small purchases such as groceries, gas, school lunch money, haircuts, etc.

Next: Pay off or renegotiate debt in your name


February 6, 2012
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© 2004 - 2011 Travis Hubbard

This Is Not Professional Advice

This information about divorce is designed to help readers cope with their own needs. Information is not the same as advice - "Opinion about what could or should be done about a situation or problem; counsel." Although the author went to great lengths to make sure this information about divorce is useful, you must consult a qualified professional if you want assurance that this information, and your interpretation of it, is appropriate to your situation.