Seventy percent of all married women will be widowed, and marriages today have a 41 to 43 percent chance of ending in divorce. Will you be financially prepared?
Family Finances
Divorced couples have revealed that money is one of the main reasons for their breakups.
The financial consequences of divorce on single mothers are often devastating. In my experience in counseling those who have gone through a divorce, I’ve concluded that couples rarely do as well separately as they did together. It’s important from a biblical perspective, however, not to be resentful, bitter, or fearful. Rather, you need to be …
Doubt about the future strikes every new widow and widower at a time when their security has been greatly shaken. Many fears and questions arise. Whether or not you’ll be able to live as well in the future is determined by three things: your income, expenses, and long-term needs.
If you and your spouse argue about the same money issues over and over, it may be time to look below the surface.
A divorced man or woman faces enormous psychological, emotional and financial adjustments.
Remarriage should be considered carefully and only after a couple has sought premarital counseling.
Mental-health experts estimate it takes about two years for a widow or widower to absorb what has happened and be capable of making major decisions again.
Couples should have a financial strategy in place to avoid the use of debt. Don’t let debt become a cause of discontent in your marriage.
Give your children a sense of the importance of joyful giving by being a good model.