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Avoid unnecessary spending during divorce proceedings

On Behalf of | Mar 22, 2019 | Property Division

Going through a divorce is hard, even if this is your second or subsequent divorce. It is a painstaking process that can cause a lot of stress, worry, frustration and anger. Many people want to rush through it to get it over with. However, the quicker you try to get through a divorce, the more likely it is that you will not get what you want. One important thing to remember when getting divorced is to stop any unnecessary spending during the proceedings.

One of the smartest things you can do while going through a divorce is to stop spending money freely. You need to become financially responsible as much as you can. Continue to pay your bills, make mortgage or rent payments, pay your children’s tuition and handle any other expenses you have. You cannot just stop paying the bills because you are going through a divorce.

You also need to tighten your wallet. Now is not the time to buy a new car. It’s not even a smart idea to update the lease on it. Don’t buy a boat or other expensive item. Doing this while still going through the divorce will only anger your spouse and might cause them to ask for more as you divide your assets.

You need to be financially responsible when going through a divorce. This means avoiding buying a new car, moving to a new home, buying artwork or even renewing your season tickets to your favorite Florida sports team. The smarter you are with your money, the less likely it is your spouse will ask for more in the divorce.