Considering divorce? How to avoid getting poorer in the process
Divorce is potentially catastrophic for your finances.
The whole process - particularly when hostile - is usually hellishly expensive.
The huge emotional impact of a divorce invariably makes for terrible financial choices.
Did you know?
The average age of divorcees in South Africa is 38 for women and 42 for men.
Most divorces in South Africa occur between the fifth and ninth year of marriage.
For his detailed advice, listen to the interview in the audio below (or scroll down for quotes from it).
Divorce makes you poorer than you were.Warren Ingram, Personal Financial Advisor - Galileo Capital
The non-breadwinning partner must make sure what the divorce pay-out means every month.Warren Ingram, Personal Financial Advisor - Galileo Capital
Don’t make any large financial commitments for at least a year after your divorce.Warren Ingram, Personal Financial Advisor - Galileo Capital
Whenever you have war; both parties lose.Warren Ingram, Personal Financial Advisor - Galileo Capital
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