We Chat Divorce Podcast

← We Chat Divorce Podcast7 oct · 34 min

216. 10 Costly Divorce Mistakes to Avoid | Divorce Clarity Guide

216. 10 Costly Divorce Mistakes to Avoid | Divorce Clarity Guide7 oct34 min

“I just want this to be over.” If you’ve felt that way during divorce, you’re not alone. But before you agree to a settlement, do you understand what it could mean for your everyday life—and your financial future?

In this episode of We Chat Divorce, Karen Chellew, Legal Liaison, and Catherine Shanahan, CDFA®, kick off a three-part series exploring the Divorce Clarity Guide in celebration of My Divorce Solution’s 10-year anniversary.

Drawing on their own divorce experiences and a decade of helping individuals and couples understand their finances, the MDS co-founders break down 10 costly divorce mistakes to avoid:

Making financial decisions before understanding your finances.

Relying on assumptions instead of verified numbers.

Agreeing to a settlement you don’t fully understand.

Overlooking retirement, taxes, and future cash flow.

Letting urgency drive your decisions.

Taking advice from people who don’t know your finances.

Failing to identify all assets and debts.

Underestimating the cost of running two households.

Focusing on winning instead of financial stability.