Should our budgets moving into separate homes add up to our historical budget in one home?
In a cash flow analysis, basing budgets on past expenses can be difficult. Two houses almost always cost more than one. You should make reasonable guesses or estimates on expenses moving forward and see if compromises can be reached. You should work with an attorney to understand the legal considerations of budgeting as well.
Building a Budget
Divorce is a time to seriously examine your financial needs and ability to support yourself. The foundational step in a cash flow analysis is the creation of a comprehensive budget.
Cash Flow - Is Support Needed?
Once you have a budget and income, the next step is to determine if you need support. Learn about this fundamental questions and types of support to consider.
Was this module helpful?
We're always try to improve the resources we provide. Let us know how we're doing: