Maintaining Financial Stability Through Big Life Changes

Jul 17, 2020

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We all experience transitions in our lives; some foreseen, others unforeseen and while these changes impact our whole personhood, we want to explore how to sustain financially through these stressful shifts. From divorce to job change, today we're talking about what we should be focusing on to come out the other side aimed at financial well-being!

Sponsors:

Our show has always been about coming together around a shared desire to save more, consume less, and do great things financially and we have been working our hearts out to bring you something that helps you do that better and it’s called The Frugal Friends Workbook. We worked too hard on the inside to come up with a better name. The Frugal Friends Workbook can be completed on your own but it’s created to be gone through in pairs or small groups. It’s 6 week-long challenges that will help you become more frugal in various aspects of your life. It launches August 7th and you will be hearing more about it in the weeks to come.The Frugal Friends Workbook!
Specifically the great Instagram post I saw that said you have every right to give em a plot twist. Plot twists:

What the Internet has to say:

This article from Forbes lists out some important steps to take specifically when walking through a divorce, but we find these tips helpful for all sorts of transitions we may face!

What Jen + Jill have to say:

Update accounts
Build a “post divorce team” - financial advisor, therapist, vocational counselor (FRUGALLY!)
Develop a financial plan