In the traditional marriage where the husband is the main wage earner, one concern is maintaining health insurance for the ex-wife after divorce. Health insurance is critical to your future financial, emotional and physical well-being. Our current situation is a problem but you must work to make sure you and your health are taken care of.

This is part of our Financial Literacy Month Question and Answer series
Question: My spouse and I are getting divorced and we have a lot of debt. Do you have any tips I should know about?
Answer: Yes, this is a very important topic. In your divorce, you’ll probably each take some of the debt (and whatever assets are available). The divorce decree will state who is taking responsibility for which debts.
The thing you have to know, however, is that the credit card companies don’t …

This is part of our Financial Literacy Month Question and Answer series
Question: What advice can you give recently divorced women on how to manage their finances now that they are facing life as a single mom on a limited income? What should be their first priority? Lisa A. Fredette ~ CTA Certified Life Coach ~ Passionate About Life Coaching ~ http://www.lisafredette.com
Answer: Hi Lisa, that’s a really great question and I’m sure most newly divorced single moms are wondering the same …