Financial Challenges After Relationship Endings

In this episode, Loraine considers the financial challenges which are faced by women after significant relationship endings; she refers to these ending as the three D's: Divorce, Death of a spouse or partner, and Discard after a narcissistic devaluation. Drawing from her personal experiences, Loraine discusses the emotional and financial hurdles that come with each of these situations, emphasizing the importance of understanding one's rights, seeking professional advice, and rebuilding credit. KEY TAKEAWAYS Financial challenges after significant relationship endings can be emotionally and financially devastating, requiring time to rebuild and start over. Divorce is not just the end of a marriage but also a financial upheaval, involving legal fees, asset division, and lifestyle adjustments. The sudden death of a spouse can lead to immediate financial struggles, especially if the deceased was the primary breadwinner. Dealing with a narcissistic discard can involve financial control, hidden assets, and emotional trauma, necessitating legal protection and support. Seek professional advice, create a realistic budget, surround yourself with emotional support, protect your assets, rebuild credit, and utilize community resources to navigate financial challenges effectively. BEST MOMENTS "Financial challenges after significant relationship ending can be fraught with emotional fears, anxiety, grief, and in some cases, significant trauma." "The worst possible scenario is to lose the main income earner leaving you in grief while you are also struggling to make ends meet financially." "In cases of financial abuse, ensure that you take legal steps to protect your assets and credit." "I have experienced three D's in relationship endings. Divorce. We separated. My choice to leave." "For 30 years, Jane Monckton-Smith has been fighting to change this. A former police officer and internationally renowned professor of public protection." HOST BIO Loraine is a blogger, digital creator, and author. A former Property Management business owner spent a decade in HMO and family rentals before moving to Spain in 2016 with dreams of becoming fully retired and living in Spain with her partner, but that dream shattered in September 2020. Loraine explains how she has now experienced the three D's in relationship endings. Divorce, death of a partner and now discard, the abrupt termination of a relationship. Currently working on rebuilding her life whilst living with three overlapping litigations post-separation including the threat of precarious eviction by a former partner.