Financial security after marital dissolution, particularly for Black women navigating divorce, is a multifaceted issue impacted by earning capacity and asset division. Successfully managing one’s finances following a divorce decree can create a stable foundation for the future. This involves careful consideration of income streams, expenses, and long-term financial goals.
Maintaining financial stability after divorce offers numerous advantages, including reduced stress, increased independence, and the ability to provide for oneself and any dependents. Historically, systemic inequities may have disproportionately affected Black women’s access to resources and opportunities to build wealth, making post-divorce financial planning even more critical. Achieving a secure financial position allows for personal growth, career advancement, and overall well-being.
