216. 10 Costly Divorce Mistakes to Avoid | Divorce Clarity Guide

“I just want this to be over.” If you’ve felt that way during divorce, you’re not alone. But before you agree to a settlement, do you understand what it could mean for your everyday life—and your financial future? In this episode of We Chat Divorce, Karen Chellew, Legal Liaison, and Catherine Shanahan, CDFA®, kick off a three-part series exploring the Divorce Clarity Guide in celebration of My Divorce Solution’s 10-year anniversary. Drawing on their own divorce experiences and a decade of helping individuals and couples understand their finances, the MDS co-founders break down 10 costly divorce mistakes to avoid: Making financial decisions before understanding your finances. Relying on assumptions instead of verified numbers. Agreeing to a settlement you don’t fully understand. Overlooking retirement, taxes, and future cash flow. Letting urgency drive your decisions. Taking advice from people who don’t know your finances. Failing to identify all assets and debts. Underestimating the cost of running two households. Focusing on winning instead of financial stability. Avoiding questions out of fear or discomfort. From keeping the house to comparing retirement assets and understanding how bills are being paid, Karen and Catherine explain why a settlement needs to work beyond the page. You don’t need to have every answer today. Start by identifying what you know, what needs to be verified, and which questions to bring to your professional team. Your free listener gift: The Divorce Clarity Guide Download the guide to follow along with this series and begin asking more informed questions about your financial future. Get your free Divorce Clarity Guide. Enter your email to access the guide and additional MDS resources. Subscribe for the next two episodes in this anniversary series, releasing over the coming month. Learn more about your ad choices. Visit megaphone.fm/adchoices