Money, Marriage and Divorce: it’s all there
MONEY is always a tricky subject to broach, especially when you've just found the love of your life.
Paul Clitheroe, best-selling author of Making Money and Free Yourself From Debt, has put together a practical and accessible guide, Money, Marriage and Divorce, to help you manage wealth at any stage of a relationship.
Paul has advice both for those in a de facto relationship as well as those who have tied the knot.
He tackles topics such as setting up household budgets, dividing money chores, investing together, consolidating debt, buying a property together and knowing financially where you stand overall as a couple.
The next part of the guide looks at the financial issues associated with couples who decide to go their own separate ways.
Paul discusses what to expect from separation and divorce, the costs and processes of divorce and living separately, how to divide assets including superannuation, to sell or retain your family home, settlement options, child support and estate planning.
Once you're on the other side of divorce, Paul then provides financial advice on starting over for a bright future. He touches on key topics such as financial planning, budgeting for your changed circumstances, reviewing insurances and rebuilding retirement savings.
Overall, he looks at making the most of the money you have, and how best to manage it, as you embark on this new stage of your life - including if and when you meet a new partner.
Money, Marriage and Divorce is published by Penguin, RRP $19.99.
DID YOU KNOW?
Paul is married with three children and lives in Sydney.
He is a keen golfer and sailor, and enjoys offshore racing, including skippering the Sydney Hobart five times in his yacht 'Balance'.
In 2011 he climbed Mt Kilimanjaro with some uni friends and in 2013 tackled it again with his wife.