A recent survey conducted by Bank of America shows that 28% of married Millennials avoid setting up joint bank accounts with their new spouses. They're instead keeping their finances separate. Some financial analysts think that they're doing that to protect their money in case they end up getting divorced. What many of them don't realize is that doing so doesn't keep their spouse from laying claim to their money, though.
Data published by the American Psychological Association shows that the United States' divorce rate currently hovers around 50%. Many spouses lose interest in being married soon after they realize that their relationship isn't one of the fairytales shown on television. This leads some spouses to cheat. Others grow tired constantly bickering over money. A recent thread posted to the social media site Reddit captures more startling reasons American couples have divorced.
Anyone who hasn't ever gotten divorced before would assume that a divorce is over and done with once a judge signs off on their final order. While that helps you get closer to reclaiming your life, there are a few things that you still need to do after a Florida judge signs off on your divorce decree.
If you've ever attended a wedding where they played the Anniversary Dance, you may have hoped that one day you and your spouse would be one of the last couples standing, receiving cheers and congratulations for having been married fifty or even sixty years. However, it does not look like this is going to be the case for your marriage. In fact, you may have gotten divorced years ago if not for the children.
Many factors may hold a spouse back from filing for divorce. Finances are one of the biggest ones. Alimony is often bitterly fought over. The idea of having to finance your lifestyle all on your own can be hard to digest. Breadwinners may fear losing a significant chunk of their salary to their former spouse. There are some tips to keep in mind when you sit down to talk about spousal support with your ex.