For women, the financial aspect of divorce is often the part that feels hardest to get a handle on. If we didn’t take an active role in the financial side of things in our marriages, it’s natural to feel a lack of confidence figuring out how to negotiate and navigate our finances during and after divorce.
This doesn’t mean we’re not capable of thriving financially. From the negotiation process to future financial decisions, our divorce can be a powerful tool that empowers us, gives us confidence, and allows us to thrive.
By educating ourselves on the most important financial details of life after divorce, we can be more prepared for the process. What are the crucial steps we need to be taking in the lead up to divorce?
In this episode, I’m joined by Divorce Financial Consultant and founder of The Women's Financial Wellness Center, Rhonda Noordyk, CFEI, CDFA®. She talks about what holds women back from financial recovery after divorce and how to start your next chapter with confidence.
3 Things You’ll Love About This Episode
How to take care of yourself in the divorce process
There are 3 pieces to the divorce process: the financial aspect, legal aspect, and emotional aspect. For many women these are all intertwined, which is a big reason why we don’t take certain actions or make certain decisions in the lead up to the divorce. To protect yourself on each front, get a team that can help take care of each aspect.
Where to focus our investigative energy
If there’s infidelity involved in the end of our marriage, it’s so easy to focus on knowing all the details of the affair, but this doesn’t empower us. Instead of those details, keep the focus on financial stability and security. Find out if there are any financial implications of the infidelity and what it means for you and the future of your children.
Why we should be cautious when accepting a settlement
Don’t sign a divorce settlement until you’re truly aware of what’s on the table, and are sure that it’s equitable. Even if the offer seems generous, remember your spouse is looking out for themselves. We might have trusted them financially in the marriage, but when negotiating finances in divorce, trust yourself, your instincts, and your team.
Rhonda Noordyk is a Divorce Financial Consultant, heart-centered business owner, and founder and CEO of The Women's Financial Wellness Center. Her relentless pursuit of financial justice for women going through divorce drove her to leave the financial industry in 2014 to open The Women's Financial Wellness Center. She used her knowledge, passion, and experience to build a leading-edge business model. The intention was to create a business that provided a safe place for women - especially those in a vulnerable position - to find their paths, voices, and the financial confidence they need to lift themselves out of seemingly hopeless situations.
Since starting the Women’s Financial Wellness Center, after a 10+ year career in the financial industry, she has helped alleviate financial vulnerability for thousands of women. Rhonda also hosts a podcast called Divorce Conversations for Women. Rhonda brings energy, transparency, and likeability to her audience. She has also appeared on Fox6 News, Real Milwaukee, and Morning Blend. Her dynamic and inspirational style leaves women with a sense of empowerment.
For more information visit https://www.wfwcdivorce.com/
For a free 30-minute consultation call with Rhonda visit https://WFWC.as.me/30minutediscoverycallrn
You can also listen to her podcast Divorce Conversations for Women on your podcast platform of choice.