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Are You Tying the Knot for the Second (or third) Time?

Posted by Carrie Rattle on Dec 19, 2018 5:19:35 PM

“I wish I discussed finances before I got married last time.” Sound familiar?

Did you know past statistics have shown that in the U.S. approximately 50% percent of first marriages, 67% of second, and 73% of third marriages end in divorce?* Not surprisingly, a major cause of divorce in marriages is money. *

 You’ve found that special someone (again) but, you’re still trying to figure out how you talk about the “M” word without ruining the romance. You know it's smart to work together, but where do you start? Building a solid foundation of communication and partnership around managing your money is crucial to lifelong intimacy, trust, and success in a marriage. 

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Topics: divorce and finances, personal finance, money anxiety, marriage

Divorce Series Part 3: The 3 Biggest Financial Mistakes You Can Make

Posted by Carrie Rattle on Aug 20, 2018 10:00:00 AM

The list of potential financial mistakes made while divorcing can be extensive. It is an exhausting, emotional time for everyone. Every money decision is emotional to begin with, and this stress just adds to the mix.  Divorce and finances can become complicated and dividing assets can be complex, which is why the finance industry CDFA © designation exists. Long ago, lawyers used to divide assets on a spreadsheet. But as finances grow in complexity, it is important to talk with your accountant on how to prepare for divorce financially and to have a CDFA do the work for you.

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Topics: personal finance, divorce, divorce and finances, how to prepare for divorce

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