With the advent of social media, today’s divorce is more public than it should be. It can be as simple as posting a change in your status on Facebook from married to single or as ostentatious as sending invitations to a Divorce Party to “celebrate” the “broke and better”, “new and free”, and “new single…
You don’t have to be an economist to figure out that when the economy goes down, the divorce rate goes up. Whether the divorce is hotly contested or amicable, it is expensive, and will trash even the most carefully prepared financial plan. For many, divorce is downright devastating – emotionally and financially. If you are facing divorce, consider the following:
For couples with children who have recently been separated or are currently going through a divorce, back to school can feel like you are sailing in high winds. While most families are bustling around getting prepared for the new school year and planning extra circular activities for their kids, couples going through separation and divorce will discover that this crucial transition is stressful on the family. Here are some tips to help you sail through the rough waters.
Spring weather in Calgary is unpredictable. One day you have to put on sun block, the next day you need a winter jacket. Like Calgary’s weather, communication between you and your former spouse can also be unpredictable. During divorce, communication is civil at the best of times, but in many instances the parties involved get downright uncooperative making it difficult to get things accomplished. So how do you effectively communicate with your former spouse and co-parent your children after your divorce is finalized?
The end of April is fast approaching, and that means if you owe the government taxes, then you must file your personal taxes no later than April 30. With that in mind, here are a couple of articles from The Globe and Mail online that is relevant to those who are recently separated or are in the process of getting divorced.
For many, the start of a new year brings reflection of the past year, and the setting of goals for the upcoming year. Setting personal finance goals are among the most common. However, in order to set appropriate goals, it helps to assess your current financial situation. When it comes to personal finances, have you ever wondered how you stack up to everyone else?
For most people, their personal finances are a private matter, which makes an assessment difficult. Often we make assessments based on what we see. We compare the houses we live in, the cars we drive, the jobs we have, the “bling” we wear, and even the vacations we take. But the reality is, everyone’s financial situation is unique.
This article will hopefully shed some light on how you are really doing in comparison to others around you. In order to do this, we will look at statistics that give us a picture of what the true state of wealth is in Canada, and more importantly, the city of Calgary.
Imagine this. It’s Christmas, and your family and relatives are over for dinner. After the turkey, mashed potatoes, and the other fixings have been passed around, you politely ask your brother-in-law to pass the gravy. As he reaches for the gravy, he kindly tells you and your wife how wonderful the dinner is, and then decides to invite you and your family to his and your sister’s mortgage burning party. Your fork slips from your fingers and clangs on your plate. What? How’s that possible? Your sister is five years younger than you! Last year it was the vacation home, and the year before it was the Porsche. “That’s it,” you say to yourself. “It’s time to get my finances in order!” And this time you mean it. The problem is, you don’t know where to start.
What do Neil Young, Mariah Carey, Hilary Duff, David Duchovny, Gwenth Paltrow, and Bruce Jenner have in common? Well, if you have even glanced at a tabloid in the last year, you would know they are some of the most recent celebrities to call it quits. Because they are celebrities, their breakups have been played out in the media for all to see. Some are nasty – the divorce between Arnold Schwarzenegger and Maria Shriver comes to mind.