Len, Thank you for your wonderful book..it's filled with powerful, practical information I use everyday in raising my daughter... and it's a fun read!... Patty

 
Patty Jun
successfully re-married mother of one child

How Much Money Will be Enough?

Money.  It's something we all need whether we like it or not, we all have to have some.  The subject of money causes many problems in marriages all over the place.  It may have caused many problems in the marriage that you are no longer in.  All of that doesn't really matter now though, because not you have to figure out how to support yourself and your children all on your own.

Everyone has a different situation, but every situation will have difficulties that will have to be dealt with.  If you were the soul supporter of your family, then you will probably have to pay child support.  How much will that be?  Will you be able to live where you are living now and pay that support?  You may have been a stay at home mom, who has never worked outside of the home a day in her life.  Now what, you won't get alimony forever and your child support probably won't be enough to live on, so what do you do?

You will need to sit down develop a plan of action.  I think that it is always best to make up a new budget.  Go through your monthly bills.  How much money is coming in and going out.  Not what used to be happening , but what is happening now?  Calculate the money you will be giving or receiving in child support, maybe you have joint custody with your ex and there is no child support.  Okay well how much income do you have coming in on your own?  Will you need to find a way to make more money?  Can you immediately cut out some costs?  You may find that you don't have the same luxuries that you had while you were married.  Life costs a lot and when you are doing on your own with kids, it costs even more.  

Don't feel overwhelmed.  You can make it.  You will make it.  You just need to do a little re organizing along the way.  Think of who you know that you can trust.  Is that person good with finances?  Would they be willing to help you set up a plan?  Just talking thinkgs out sometimes with someone you can trust to help you makes a big difference.  Remember, you are not the first perosn to go through what you are going through.  Soon, these troubles will just be a memory! 

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