How to Split a Toaster
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.