Browse published articles attributed to Carol Ferguson, with full-archive search.
Getting divorced is a time that is considered very sensitive for most. This is not something that many people look forward to and in fact it can be something that is very disruptive to their lives. This is especially true when it comes to dealing with the in-laws.
Memories are something that we will have for a lifetime. These are sometimes good and other times they are hard to hold onto. There are some instances when all we really want to do is forget about the world and move on with our lives. This is true for anyone that is going through a divorce. This can be the most difficult time of your life and you will have to make the necessary arrangements to keep the good memories and forget the old.
The financial advice I would give to divorced women is: education. Find something that can educate you; whether it's creating more income, or managing money or something educational about finance. Doing something, I'm a big believe in do what you love, because when you do what you love, the money just flows. When you're in your passion, when you're in love of what you're doing, then everything just seems to.
I am going to share with you my thoughts on getting over divorce and dating after divorce. As my mentor, T. Harv Eker says, "Don't believe anything I say". And why is that? Because I can only speak from my experience. Nothing I am going to say here is right or wrong, true or false. However, I believe my experience can help you. After spending the majority of my adult life either dating or married to this man, and having two children with him, we divorced. The specifics of why are not important.
Divorce teaches a person many things. Some people take themselves to a place that makes them bitter. People lose a lot in divorces and that’s not just personal materials. A person will lose a piece of himself or herself through the process of divorce. You should know that when you go through a divorce you might make a lot of personal changes. You will find your own way and become independent. You may change negatively at first, but eventually you’ll get back on track.
When the divorce process begins to move along, you may find that your self-esteem is completely gone. You need to learn how to rebuild your self-esteem so that you can move on successfully after the divorce. Moving on successfully means that you are okay not being married anymore. It may take months or even years to get there, and it is a lot of work for some. Some people will take it really hard and the shock of the divorce can be devastating. You need to learn how to focus on the positive things and learn how to appreciate what you have.
Divorced women offer so much to a relationship because they know what it takes to be in a serious, committed relationship. They've had all their experiences, been there and done that, so to speak; and so they're the best partner. We all know divorce is emotionally, physically and financially draining and everyone processes all those things at their own rate. It's not a matter of getting over the divorce as much as it is getting over the marriage and all the things that transpired in that.
What gives me the right to teach you about household budgeting? I've been there and done that and as the saying goes: "I've got the T-shirt". After 18 years of marriage, it was over. Why doesn't matter. Whose fault it was doesn't matter. That was part of my "moving on". It took me a while to get to that conclusion. I went through all the emotions - anger, fear, resentment, acceptance etc.. I lost a lot of confidence in myself...if he didn't want me, who would? I spent a lot of time thinking about what happened, not to blame, but to understand and to learn.
Americans Are $2.45 Trillion Dollars in Debt! (source: Federal Reserve's G.19 report on consumer credit, released July 2011). The average Canadian family is dealing with $100,000 in debt and owes far more than it earns, according to a new report (source: The Vanier Institute of the Family). Many divorced women think that because they are managing to pay their bills and nobody is knocking on the door to take their stuff away that they are not in debt. Think again!
After going through a very challenging relationship, I was looking for a new plug of energy to instill in my life. I found a course where I liked the conversation, I liked the fact that they were working on belief systems and moving through financial blocks and things like that. Just really loved the energy, loved the people, met some wonderful people and when I was there I really noticed there weren't any females on the stage.
Feeling that you are the victim of your circumstance in divorce is one of the things that comes up unless you're taking ownership. It's always a two way street, it's like what do you take responsibility for, because it's never just about one person, it's always about the collective, the two, if you're in a partnership or relationship. Look at both sides and even though it's hard to look at both sides, like OK, "what was my part in this?" and just stick to what was my part in this? "How did I create this? And why did I create it?"
You are now divorced, you have never done a budget before or, did it jointly with your spouse, and now you have to do it yourself. You will probably have less income and you may have to change your lifestyle. This can be scary. According to the latest divorce statistics from DivorceMag.com: • There were 71,269 divorces in Canada in 2005, or a rate of 220.7 per 100,000 population.r
I bet you didn't know all the things credit card companies offer nowadays! 1. There are: Rewards cards that give you cash back or rewards like AirMiles. Auto and gas cards where you can earn rewards that can be redeemed towards the purchase of a new or used car, car-related expenses or merchandise. Airline cards that offer frequent flyer programs Business cards for both small business owners as well as corporate executives that can help to keep your company's expenses on track. Student cards designed for high school and college students
A quote that relates to household budgeting - "Money can't buy happiness, but neither can poverty." Leo Rosten - US (Polish-born) author (1908 - ).