Should you use credit for big ticket items?

Using credit for big ticket items

Time for another guest post from finance blogger, Suzanne Cramer! This is very timely because in just two short weeks it’ll be Black Friday with loads of tempting deals. Many of us post-divorce are confused when it comes to credit card use. The bigger question is usually, “When it is okay to use a credit [...]

How Many Credit Cards Do I Need?

The last couple of posts from guest blogger Suzanne Cramer have been about using credit wisely after a divorce and how to choose a credit card after divorce. This month’s post is about deciding how many credit cards you need. Here’s Suzanne: How Many Credit Cards do I Really Need? I am asked this question [...]

Learning to manage your money

Paying bills

In the previous post in Carolyn’s story, Carolyn shared how she was funding her college education. I knew from our first interview that when she left her marriage Carolyn had never had her own bank account or credit card, nor had she ever paid a bill. So how was managing money now? Here’s Carolyn: It’s [...]

Not all debt is bad debt after divorce

Nursing clinicals

Picking up Carolyn’s story, you’ll recall that she’s in her second year of an associate’s degree nursing program. Going to school full-time, being active in student government, volunteering in the community and raising two children leaves no time for employment. I guessed from our previous interview she probably wasn’t getting any maintenance from her ex [...]

Choosing a credit card post-divorce

No matter how well you think you know your spouse, the end of your marriage may bring out some unexpected and unpleasant behaviors. I’ve had several women tell me their access to marital funds was cutoff by their husband. That happened to Grace and she now tells women that regardless of the state of their [...]

How to Use Credit Wisely After a Divorce

creditcard

It’s the beginning of the month and that means it’s time for another great post from guest money blogger Suzanne Cramer. This month’s focus is on credit. Here’s Suzanne: If you are in the throws of a divorce, balancing a checkbook, paying bills, and applying for credit are furthest from your mind. But, if you [...]

Getting to a settlement through your child

When I was getting divorced, I remember being very close to having a final financial agreement but my ex was balking on a final point. At the same time, my attorney was telling me she would have to start preparing to go to court if he didn’t sign soon. I really hoped to avoid the [...]

Budgeting 101: Keeping Track of Your Money

In an on-going series about learning to manage money after divorce, guest blogger Suzanne Cramer guides us through creating a budget: Now more that ever it is important to have a budget in place. As a single person your household relies solely on you to develop a budget and stick to it. Don’t keep yourself [...]

What women need to know about money

American Express card

Grace knew her husband was not going to react well to her filing for divorce even though he no longer wanted to be married. She did not guess however that he would cut her off from all their money. It was a hard lesson in self-accountability, one that Grace says all women should learn. Here’s [...]

The first step to financial independence: tracking your expenses

My last guest, Terry was working from home part-time when her marriage ended. She made it a priority to find a full-time job because she wanted the assurance that she could support herself, to be financial independent. Guest blogger, Suzanne Cramer believes that having a realistic budget is a critical component to financial independence and [...]