Divorce is both emotionally traumatic and financially devastating. You are likely to lose around half of your assets. That’s everything you’ve been earning and saving during your marriage; not to mention you’ll also need somehow to navigate life with only your income. Breathe.
Life is going to change. Losing a partner and financial stability at the same time is a double blow, but you will survive. In fact, one day in the future, you will be thriving. If you initiated the divorce, then you already know in your heart that this was the right thing to do. The financial stuff may be eating your guts, but here are four steps to help you put yourself in the right mindset to start on the road to financial recovery.