Today’s Sydney Morning Herald article: Divorcees out in the cold, explained how women fare worse than men after a divorce and are often the ones that are left renting and in financial hardship. “Contrary to popular perceptions, women are more likely than men to fall out of home ownership after separation or divorce, and to suffer severe financial difficulties in keeping a roof over their head.” Learn more. http://tinyurl.com/yt8f33
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February 20th, 2009 at 11:27 am
I disagree. I divorced my husband, and we both kept our jobs. He pays me $800/month in CS and pays for 1/2 the day care expenses. I also now get benefits from the gov’t at rates I didn’t even know existed before our divorce! I would say I get another 1700/month tax free. Yes, the bills are now all mine, but he has all those same bills too, yet does not recive another 1700/month like I do to cover them. I think if a women can keep a full-time job and raise kids (yes, it is hard but I have family close by and my husband and I still cooperate) then she does just fine financially after divorce. Most women I know go to reduced hours and part-time work, so of course their incomes appear lower. But remember all the CS money and Gov’t benefits are not counted as income for divorced women w/kids, so in reality I think we are doing OK.