Money Talks: How to financially plan for a separation

Many women stay in unhappy marriages because they lack the financial knowledge to leave
Money Talks: How to financially plan for a separation

Don't let financial fear stop you from moving forward

I am 45 years old and have been in an unhappy marriage for some time. The stress of the pandemic has exacerbated this, and I now feel that we have no other option but to separate. However, we have three young children, and my husband has always taken full control of our joint finances, so I feel very worried about the possible financial repercussions of separation or divorce. Have you any advice?

I am so very sorry to hear about your situation and appreciate that this is an emotionally turbulent and stressful time for you. We commonly find that women feel very financially vulnerable at this stage, and some may not have huge experience in financial matters. But try not to worry because with the appropriate professional legal and financial advice, independent financial stability can be established quickly, and you can happily move on to the next chapter of your life.

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