When couples marry, they don't just merge their emotional lives, but their financial ones as well. However, too few couple discuss their current financial situations, including debts and assets, before they marry. Perhaps even fewer discuss their views on saving and spending and their financial goals for the future.
The number one source of discord among couples is money. However, politics is becoming an ever-increasing source of arguments and even break-ups according to a recent study. The 2016 presidential election was one of the most divisive in modern history, and the strong feelings that many people had last fall don't seem to have greatly dissipated.
Anyone who's been through a divorce or has watched their parents go through one knows how stressful it can be, even when the spouses part relatively amicably. Therefore, it's not surprising that Florida's divorce rate has landed our state at number 13 on the list of most-stressed states according to a study by the financial website WalletHub.
What should you do if you think you're headed toward divorce? First, take care of your finances. It's no secret that a divorce can be costly and that assets could be restricted or go missing due to an aggressive or angry spouse. Take some time to gather materials about your shared finances, assets and accounts before you file for divorce. If you don't have a credit card, it's time to get one.
Once a divorce is finalized, most agreements are considered to be set in stone. However, you do have a chance to appeal a decision if you don't agree with it. It is unusual for an appeals court to overturn a judge's decisions in a divorce case, but it is not unheard of.