What You Need to Know About Your Money When You Start a Divorce from Hollis Hardiman, CDFA on The Divorce & Beyond Podcast #280

This week on the Divorce & Beyond podcast, Susan Guthrie, Esq., welcomes Divorce Financial Analyst, Hollis Hardiman, as she shares her top tips to protect your finances if you are facing a divorce. 

January is when many people become divorce curious, decide to start the divorce process or begin to get educated about the next steps to take. Fear is a common emotion that comes up during this time of contemplation. One of the biggest fears around divorce is money. Susan is joined by special guest, Hollis Hardman. Together they discuss what you need to know as you enter the process of divorce and learn how to protect your finances.  

Hollis provides financial, retirement, and wealth management services to her clients. She specializes in helping people navigate major life transitions including divorce, the loss of a spouse, and preparing for retirement.

Topics and Golden Nuggets include: 

When it comes to divorce, a common concern is “Am I going to become homeless?”

Having a support system in place is so important, but do not rely on your friends’ past divorce experiences for professional advice 

Figure out what your lifestyle is costing you - collect receipts and keep a tally. Then, begin to take control in the best way you can

Hollis shares tips and insights about how to increase the income in your household

What to consider when planning your budget before, during, and after divorce

About this week's special guest: Hollis Hardiman, CDFA

Hollis provides financial, retirement, and wealth management services to her clients. She specializes in helping people navigate major life transitions including divorce, the loss of a spouse, and preparing for retirement.

As a Certified Divorce Financial Analyst (CDFA), Hollis firmly believes in building a support team of divorce professionals including attorneys, mediators, and therapists that can help her clients make the best decisions during these emotional times. As a child of divorced parents, Hollis witnessed firsthand the consequences when sound financial decisions are not made.

Hollis is certified in both mediation and collaborative divorce. She is well trained to advocate for one party or serve as a neutral party for the couple during the divorce process. While being part of the support system with the attorneys and mediators, Hollis is able to guide her clients through their short-term and long-term settlement options.

Contact Hollis:Email: [email protected] Phone: 203-423-5985Website: https: /www.meritfinancialadvisors.com/about/locations/bo ynton-beach/

Mentioned in this episode:

How to Get Your Act Together So that You Can Tackle Your Divorce with Alex Beattie of Divide & ThriveThe Solution for Tackling the Divorce Detour with Storey Jones, Creator of dtour.life 

It’s All About the House: What You Need to Think About Before You Decide to Keep It with Tami Wollensak

Audible: Did you know that you can now listen to The Divorce & Beyond podcast on your favorite audiobook platform, Audible?  If you are like me and love your audiobooks along with your podcasts, this is a great time to check out Audible memberships – they have two levels: 

Audible Plus and Audible Premium Plus 

You can get a free trial of Audible Plus and if you decide to subscribe to Audible Premium Plus you will also get up to two free audiobooks!   

Check it out today and it makes a great gift too: Audible Gift Memberships 

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THANK YOU TO OUR SPONSOR: Make Money Mediating Podcast

Susan recently launched a new podcast called the Make Money Mediating Podcast!  In this new podcast she shares not only her own tips and insights into building a successful business or businesses, but Susan welcomes some of the top experts in all related fields to share their wisdom to help you build your dream business and achieve success however you define that. 

Tune in, listen and let Susan know what you think – you can find the podcast on all your favorite podcast o