Divorce and single parenthood are very common and have their
own host of financial considerations and challenges.
Whether you're a single parent or preparing for a divorce,
this section will help you negotiate the financial aspects
of these potentially tough times.
If a divorce is on the horizon, you need to prepare yourself
financially, both for during the divorce and after.
There are three basic financial elements to divorce--division
of assets, alimony, and child support. This section will describe
these elements work, and give strategies for how they can
be successfully handled.
Single parents face unique financial challenges while trying
simultaneously to raise their children and take care of their
own financial needs. In this section, we'll discuss how you
can confront and balance the diverse financial demands of
pressures of a single parent.
- 20% of all women never marry.
- 47% of first marriages end in divorce.
- 49% of second marriages end in divorce.