Financial

Meet the Romanos: and learn how to budget your children’s expenses properly

Heather and Tony have recently divorced. During their separation negotiations, they incorporated a plan into their Separation Agreement to help them determine how much each parent would be responsible for contributing to special and extraordinary expenses for their children. These expenses could include:

  • • Sporting or Club fees (hockey, dance, etc.)
  • • Uninsured Medical Expenses, Counseling, Prescription Drugs
  • • School related fees (tuition, school supplies or school trips
  • • Religious Costs (ceremonies, trips or supplies)… Continue reading

Meet The Johnsons: and Find Out What It Means to be Financially Divorced

When Andrew and Janet divorced last year, they knew it would take time to learn how to support their respective and independent needs on one income. Unfortunately for Andrew, it took longer than he thought.

When Andrew and Janet were married, Andrew provided a healthy income to the family. However, Janet was the breadwinner. It was her income that mainly supported the family.

Once on his own, Andrew had to reestablish the financial aspects of… Continue reading

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