Illuminate Wealth Management
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How to Split a Toaster

by | Apr 9, 2024 | Financial Basics, Financial Planning, Podcast Appearances

Seth, Pete, and Ben explore how divorce can drastically change one’s financial psychology, often leading to a scarcity mindset. They discuss the importance of processing the loss of a “financial partner” and the stages of undoing the experience with a poor one.

Ben emphasizes the need for a grieving period before making any irrevocable financial decisions and shares his approach to helping clients start fresh with a new financial plan tailored to their individual goals.

In this episode, we offer insights on:

  • How does divorce impact your financial psychology?

  • What are the stages of undoing the experience with a poor financial partner?

  • How can you rebuild your financial life after divorce?

Key Takeaways:

  • Allow yourself time to grieve the loss of your financial partner before making major financial decisions.

  • Start fresh with a new financial plan that aligns with your individual goals and values.

  • Seek support from a financial planner or therapist to help navigate the emotional aspects of money post-divorce.