Surviving The Cost of Divorce

By on

When families split up, so does their cash. And more often than not, a lot of it goes into the pockets of a lawyer … just ask recent divorcee Steve Waters.

“It’s kinda one of the sad things, you know I look around and say man I could have a whole new dinning room set, new appliances, but if only I didn’t have to give it all to my lawyer.”
-Steve Waters, Divorcee

Divorce is a $28 billion dollar a year industry in the US, with the average case costing around $28,000… but it doesn’t have to. Best way to save? An uncontested do-it-yourself divorce. That you can do for as little as a few hundred bucks. Next up the price ladder is mediation: Average cost ranges between $1,500 and $5,000. Then there’s the traditional lawyer vs lawyer approach: average cost of that is more than $20,000.

“But what happened in the end was I said look, if we’re going to go to court to hash this stuff out, we’re looking at 50-thousand-dollars and that’s money we could spend on our son’s college education or whatever his needs are. And as I look around I sure wish I had those thousands of dollars back to do a little bit more.”
-Steve Waters, Divorcee

Bottom line? Bickering through lawyers is the single most expensive thing you’ll ever do. So if you’re getting divorced, keep lawyers to a minimum. Otherwise they’ll get richer… you’ll get poorer.

To find a mediator in your area who can help with a divorce, check out The Association for Conflict Resolution.

Sign up for our free newsletter

Like this article? Sign up for our newsletter and we'll send you a regular digest of our newest stories, full of money saving tips and advice, free! We'll also email you a PDF of Stacy Johnson's "205 Ways to Save Money" as soon as you've subscribed. It's full of great tips that'll help you save a ton of extra cash. It doesn't cost a dime, so why wait? Click here to sign up now.

Check out our hottest deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,162 more deals!

Comments & discussion

We welcome your opinions, but let’s keep it civil. Like many businesses, we reserve the right to refuse service to anyone. In our case, that means those who communicate by name-calling, racism, using words designed to hurt others or generally acting like an uninformed bully. Also, comments that include links to email addresses or commercial websites typically aren't posted. This isn't a place to advertise your business.

  • http://divorcingsurvival.com/ Cory Aidenman

    Thanks for the post, surviving divorce and separation is hard to deal with. I’ve experienced how surviving divorce financially is hard.

  • http://divorcingsurvival.com Cory Aidenman

    Thanks for the post, surviving divorce and separation is hard to deal with. I’ve experienced how surviving divorce financially is hard.

  • http://www.sellgoldtampa.com/ sell gold

    Some times you need a good lawyer or you will end up with nothing.

  • http://www.sellgoldtampa.com sell gold

    Some times you need a good lawyer or you will end up with nothing.