Episode Summary
Whether you’re initiating divorce or you’re being served, it’s an emotional process, but it is possible to get through this process empowered. Donna Cates, CDFA, is a financial advisor powerhouse with 24 years of experience and is now also the best-selling author of “Divorce Decoded.” Recognizing that divorcing women often get the short end of the stick, Cates has crafted a comprehensive guide to address all aspects of divorce. This essential resource walks readers through the entire process, holding their hand as they navigate the emotional turmoil, financial complexities, and transitions that follow. By offering clear, actionable steps, “Divorce Decoded” aims to empower women to handle the multifaceted challenges of divorce with confidence and clarity.
Many women facing divorce are not fully aware of their financial situation beyond basic budgeting. They often lack knowledge about critical areas such as life insurance, pensions, and other long-term financial considerations. Donna stresses the point: A man is not a financial plan – that’s not a slam, but it is a reality for many women. As a CDFA, she brings expertise to the divorce team, helping women understand and manage the financial impacts of their decisions. From adjusting lifestyles and reducing spending to re-entering the workforce, Cates provides guidance to help women make informed choices during and after divorce.
Common financial mistakes in divorce, such as emotional attachment to the home, misunderstanding retirement asset division, and failing to update beneficiary designations, can be costly. Donna’s resource, The Ultimate Divorce Toolbox, is a must-have for navigating the many decisions of divorce, from pre-divorce planning to post-divorce action steps. Priced at just $97, this resource can save women hundreds, if not thousands, in attorney fees. Additionally, her Second Saturday virtual meetings offer ongoing support for women throughout the divorce process. Whether you’re facing divorce or need wealth-building advice, Donna Cates is a valuable ally, ready to help you create a solid financial game plan. For more information, visit her website and social media channels.
What’s Inside:
- Divorce Decoded is a best selling book and comprehensive guide to divorce.
- How can a CDFA ease your transition through divorce.
- Understanding finances beyond the basic budget.
- Pre and post divorce planning for women.
- Feeling empowered through and after the divorce process.
Mentioned In This Episode:
- Money Matters Wealth Solutions with Donna Cates
- Contact — Money Matters Wealth Solutions with Donna Cates
- [email protected]
- Jennifer Perri
- Jennifer Perri on LinkedIn