According to the National Institute of Statistics and Economic Studies, 130,000 couples, or 10 out of 1000 married couples, decide to divorce each year. And even though divorce may seem like a means of liberation and deliverance for some, it can be a real source of major social and financial problems. In this article, we share with you the 7 things to do to divorce without breaking the bank.
As you probably already know, divorce leads to many financial difficulties that can significantly impact your quality of life and that of your children. However, when the problems multiply, and that the understanding within your couple becomes impossible, the divorce remains the only choice which is offered to you. If you are one of those people who have chosen to divorce and want to separate without breaking the bank, read this.
1- Start saving money:
After your divorce, you will no longer have a spouse with whom to share your daily expenses and you will be the one and only responsible for all your expenses. It is therefore important to start saving money as soon as you make the final decision to divorce. This will allow you to build a sum of money that will help you cope with the many costs of divorce, and start your life better after separation.
Even if you feel stressed, and the savings seem difficult. You can start saving large amounts without depriving yourself, while minimizing unnecessary expenses and trying to do activities that will bring you additional income.
2- Privilege divorce by mutual consent:
Even if you do not necessarily want to talk with your spouse, and you have only one desire: to end the divorce process, and start a new life, it may be better to arrange with him to make a divorce by mutual consent. As you probably already know, when the divorce is made amicably, the costs of the procedure, and the financial damage are significantly reduced. So try talking to your partner to find common ground and choose a win-win solution that will save you money and legal problems.
3- Benefit from your right to legal aid:
If you can not afford the divorce, you can apply for legal aid. This legal aid may cover some or all of the costs of the divorce proceedings. But beware ! In order to benefit from this assistance, you have to meet certain criteria, and be able to prove that you do not have the financial means to complete the divorce proceedings.
4- Find a source of additional income:
Although it is difficult to focus on your professional activities during a divorce, performing an extra activity is a great way to cover the costs of your divorce, while reducing the financial damage caused by your divorce. However, be careful not to choose an activity that requires a lot of effort and time to avoid stress.
5- Set a budget for your divorce:
Before starting the divorce proceedings, you must have a clear idea of the expenses you will have to make. So try to make a complete list of all the fees you will need to pay and keep it with you. Not only this list will allow you to know in advance the amount you will have to pay, but it will also avoid you unpleasant surprises!
6- Contract a bank loan:
If it is difficult for you to pay for the divorce, and to support yourself after the divorce, you can apply for a bank credit that you can repay later when you have improved your financial situation. This will allow you to better manage your divorce, while helping you reduce your stress.
7- Ask the opinion of a specialist:
While this may seem like an unnecessary additional expense, consulting with a specialist can help you better organize yourself and reduce the financial damage associated with divorce. But beware ! Some specialists may ask for amounts too high, so do your research, and ask for several quotes before choosing the one that will accompany you.
