Having Tier One Credit Doesn’t Guarantee Loan Approval
Finances for women after a divorce
It’s been four years since the signing of my separation agreement, which eventually turned into the divorce decree. It marked the beginning of having to pay attention to the financial aspect of living as a divorced, single mother.
After being married for two decades, taking the ‘wasband’ to the cleaners was not on the agenda. We both worked full-time. His high-profile corporate job and earnings were no match compared to my earnings in education.
I defaulted to being the primary caregiver for the children and everything else that came with running a household and keeping a job. Ultimately, I was happy to exit with a fair split of assets settled out of court, by a mediator.
Nothing about divorce is pleasant or pleasing, especially regarding money matters. Whether an amicable or contentious divorce, the person’s relationship to money gets exposed. Each of us has a different level of security/ insecurity when it comes to our relationship with money. For some, money may be the reason for their trauma.
I didn’t get into the field of education to become a millionaire. I knew that when I chose the teaching profession at the age of 21. I have no regrets about that. However, I also knew that I was the…
