Living On One Income: Tips For The Newly Divorced! (Part 2)

Dollar bills

Living on a budget is normal after a divorce – but it doesn’t have to be scary!

Divorce is a very hard time for everyone involved. Although, while it’s difficult from an emotional and mental standpoint, there are also significant financial issues you need to take into account. Going from a dual-income family to being the sole earner can be very challenging. For women, this is an even greater challenge if they were homemakers before the divorce. Suddenly having to provide financially when you have been dependent on someone else for so long can be terrifying.

Although while it can be a frightening time, there are ways to handle this adjustment that won’t leave you broke. However, they will require some major life-changes. Alimony and child support, if you have children, can go a long way towards making ends meet after divorce in the Oakland County area. However, you are going to have to make peace with changing financial circumstances, at least for the first few years. With that in mind, we have put together a basic list of things to consider that may help you prepare for what lies ahead.

  • Go Back To School

A stay-at-home mom or wife can often find herself in a frightening position after a divorce. It can be daunting for women who haven’t earned an income in years, and who are suddenly faced with having to create a resume based on skills they haven’t used in ages. However, there are a wide variety of displaced homemaker scholarships and grants available for women needing a new skill set in order to reenter the workforce. Spend a little time online and visit Oakland Community College – you may be surprised at the resources available to you!

  • Get A Job

Sometimes going back to school isn’t an option, and for some, it’s not even necessary. However, if you don’t already have a job, you may need to start looking for one. If you were a homemaker before the divorce, consider your skill set. Be sure to look at all of the things that you may be good at but that don’t usually feature on a resume. While most people in this day and age can type and talk on the phone, skills like cooking, cleaning, child care and even driving are all viable sources of potential income. If you cannot find a job using these skills, call around to local temp agencies. They will often provide training and can be a great way to make a little money while you search for something for permanent.

  • Be Reasonable

Your life is going to be different in almost every way from here on out, and you need to accept that. Making peace with the changes will make them all the more easy to bear. The sooner you embrace this new stage in life, accepting the ups and downs as part of the package, the sooner you will be on your way to a happier, healthier, and more stable future!

We hope this list was helpful to you! However, regardless of your situation, you are going to need help during your divorce, which is where we come in. The experienced family law attorneys at The Kronzek Firm have decades of combined experience representing people in Michigan during their divorces, ensuring that their rights are recognized and their futures are protected. We are available 24/7 to discuss your situation with you. Please call our Oakland County (Farmington Hills) office today at (248) 479-6200. We are here to help.

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