Episode 44: How to Financially Transition from Married to Single Life (and Not Run Out of Money) with Laurie Itkin

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Work Your Wealth
Work Your Wealth
Episode 44: How to Financially Transition from Married to Single Life (and Not Run Out of Money) with Laurie Itkin
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This week I sat down with Financial Advisor and Certified Divorce Financial Analyst, Laurie Itkin.

Laurie Itkin is a financial advisor and certified divorce financial analyst who specializes in helping women transition financially from married to single life. She is passionate about increasing the financial literacy of under-served populations and provides pro-bono financial planning through the San Diego Financial Literacy Center. Her book, “Every Woman Should Know Her Options: Invest Your Way to Financial Empowerment,” became an Amazon best seller in three categories. Laurie also offers an affordable online course specifically for recently-divorced women called, “How Not to Run Out of Money: The Recently-Divorced Woman’s Guide to Financial Independence.” She received her B.S. in economics with a concentration in finance from the Wharton School of the University of Pennsylvania.

HERE’S WHAT YOU’LL LEARN FROM THIS EPISODE:

  • What a Certified Divorce Financial Analyst is
  • Considerations when planning to keep the home as a part of a divorce settlement
  • The biggest financial mistakes people are making when it comes to dividing assets and the growth potential you’re giving up
  • How you may unknowingly turn yourself into a martyr
  • The changes that you’re going to face in downshifting your lifestyle
  • Why knowing your priorities is important and debt is not an option
  • Where to begin in getting financially organized if you’re preparing for a divorce
  • How to find your assets and debts and educate yourself up front
  • What a settlement agreement is and why it’s important to take action on it ASAP
  • What a Qualified Domestic Relationship Order is  and how it benefits you
  • Where to begin with securing and protecting what is yours (and what you’re probably overlooking)
  • How to start with getting track of what is coming in versus what is going out
  • Why it’s important to live below your means now

LINKS WE MENTIONED ON THE SHOW:

GET SOCIAL WITH LAURIE AND LET HER KNOW YOU HEARD ABOUT HER HERE!

ENJOY THE SHOW?

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Mary Beth Storjohann, CFP® is an author, speaker, and financial coach who takes a fun, no-nonsense approach in working with individuals and couples across the country, helping them make smart choices with their money.

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