7 Ways Divorce Can Cost You Big — and How to Avoid Them

pathdoc / Shutterstock.com

A divorce can be a serious financial setback. If you seek to end your marriage without considering how much it will cost, you may be in for an unpleasant surprise.

Ending a marriage is a bit like dissolving a business partnership. Assets must be divided, and you may end up with less than you expected. If you pay alimony or child support, your financial obligations to your former spouse could last for many years. You likely will need the services of an attorney, and they won’t come cheaply.

Fortunately there things you can do to protect yourself. What follows are seven examples of how a divorce can cost you big time and steps you can take to limit the financial damage.

Popular Articles

The Secret to Getting Dollar Store Items for Free
The Secret to Getting Dollar Store Items for Free

If you know where to look, you can score freebies at the dollar store regularly.

16 Uses for WD-40 That Save Money, Time or Headaches
16 Uses for WD-40 That Save Money, Time or Headaches

WD-40 is handy in a lot more situations than you likely realize.

8 Restaurant Chains With Discounts for Diners Age 50 or Older
8 Restaurant Chains With Discounts for Diners Age 50 or Older

Some restaurant chains offer great senior discounts. Here’s what you need to know.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments