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Parenting -- Special Concerns
Reply to "Surviving financially after divorce with kids"
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[quote=Anonymous][quote=Anonymous]Agree with others that if your kids aren't yet in school this is a good time to move to a cheaper neighborhood. For little kids, you really don't need a nice apt or a nice neighborhood, but it is helpful if you and your ex live close to each other. Do you and your STBX have equity in a home? Are you equal earners or does one of you earn significantly more?[/quote] I agree with this that you need to move to cheaper neighborhood AND one very convenient to work. It makes your life a lot simplier and you will need to save all the time you can. I downsized into a one bedroom apartment so that I could slowly build up a savings account. For me, spending less on rent was really key; but I also moved four blocks from my office (which is where my son's daycare was) and I sold my car, another savings on insurance and gas. Now it's 7 years later and I bought a two bedroom apartment and also a used late model Honda. So nothing glamorous, but certainly a step in the right direction for my son and me. I see a lot of moms after the divorce who fight tooth and nail to keep the house. Then they had all these rosy pictures of child support and have no idea how to make ends meet when the reality of the bills start rolling in. I think kids value time, love, attention; they don't need all that space. Much better to move on and [b]downsize.[/b][/quote]
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