In today's episode Ang talks with Susan Bennett, a chartered financial planner specializing in divorce financial planning. Susan shares expert insights on the importance of financial advice during and after divorce, focusing on long-term planning for income, housing, children's expenses, and pensions. They discuss the emotional aspects of divorce finances and the benefits of having a financial neutral to help both parties reach amicable agreements. Susan also explains Advanta Wealth's specialist divorce proposition, offering fixed-price financial planning packages to help those navigating the financial challenges of divorce with empathy and clarity.

(00:00) Introduction to Susan

(01:02) Financial Planning During Divorce

(01:16) Guest Introduction: Susan Bennett

(03:13) The Importance of Financial Advice in Divorce

(07:22) Building Financial Models for Clients

(19:34) The Role of Financial Neutrals

(23:26) Financial Considerations During Divorce

(27:00) Emotional Support in Divorce

(28:36) Common Financial Mistakes in Divorce

(29:54) Pension and Inheritance in Divorce

(31:54) Personalized Financial Planning

(34:54) Advanta's Divorce Support Services

(39:02) Conclusion and Final Thoughts

KEY TAKEAWAYS

Early financial planning in divorce helps reduce fear and leads to better long-term outcomes.

Modeling different financial scenarios provides clarity for decisions on housing, income, and children's needs.

Pensions and future retirement funding are often overlooked but crucial to secure financial stability post-divorce.

Divorce financial advice should be empathetic and tailored to individual lifestyles and needs.

BEST MOMENTS

"Fear around money was huge... what price do you put on that emotional peace of mind?"

"You don't really want your lifestyle to be compromised... everyone is completely unique."

"If everybody could get to a stage to do it amicably, life would be quite different."

"People not being open and honest makes it very difficult to get the best results for them." EPISODE LINKS Advanta Wealth on LinkedIn https://www.linkedin.com/company/advanta-wealth-ltd/ Advanta Wealth's specialist divorce proposition offering independent financial advice with fixed-price packages for divorce planning. Visit https://www.advantawealth.co.uk/services/divorce/ Susan on LinkedIn https://uk.linkedin.com/in/susanbennett3

Use the link below to sign up to the TalkingParents App. 30 Day FREE trial available alongside a completely FREE option too!

https://talkingparents.com/dirhm

If you enjoy this podcast here is the link to the book 'Do I Really H*te Men?'. It's packed with actionable and inspirational content to help you think, feel, heal and create your beautiful life that you deserve!

UK: https://www.amazon.co.uk/dp/1068789107 USA: https://www.amazon.com/dp/1068789107

Exciting news! I now have four powerful and affordable course downloads available in my Patreon Shop—starting at just £20. Each one is designed to help you take meaningful steps forward in your healing and growth journey.

🌱 How to Start to Transform Your Life 💭 How to Squash Your Negative Beliefs 💫 How to Define Your Core Values and Life Purpose

💫The Divorce Pathways - 6 Steps to Divorce Recovery

https://patreon.com/user?u=114049946&utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink

Connect with me here...

https://linktr.ee/angaab6

www.linkedin.com/in/angallanburns

www.doireallyhatemen.com

To receive a FREE copy of my Divorce Success or my Parenting Success Tips - please e-mail me at Ang@doireallyhatemen.com

ABOUT THE PODCAST

Do I Really Hate Men?

Interesting question and one I have asked myself many times. This is not an 'I hate men' podcast neither is it just an account of my divorce and the many awful events leading up to and during it. This podcast is a safe space to delve into what happens when relationships end, it provides guidance on how to carry on being a functioning adult and/or Single Mum when you feel broken inside.

This podcast provides hope sprinkled with humour, at times its emotional at times inspiring and at times sad. I have a message to share with women around the world, come join me and your global sisters for a weekly dose of Superhero Mum inspiration and stories.

My mission - to help women and mothers globally to recover from relationship pain, lead meaningful happy lives and inspire their children to succeed.

NOTE – I need you to know that I don't hate men! It's important that you know there are many great men out there. Many fantastic fathers and single fathers trying hard to do a great job. I know little about the struggles of single fathers; however, I presume they are numerous common issues we share with these amazing men who strive to do the right thing by their children.

ABOUT THE HOST

Ang is first and foremost a very proud Mum. She is on a mission to share her experiences of both divorce and life as a single Mum. With a 25 year career in the corporate world, she has always been passionate about empowering women and those around her. She is a fully qualified life coach of 20 years and a self confessed self development junkie.

Ang has written her first book called 'Do I Really Hate Men', due to be released later this year which NEEDS to be read by women worldwide. With a high level of emotional intelligence she works tirelessly to improve the lives of womankind through her words, both digitally and at speaking events globally.

With a six year divorce behind her, Ang represented herself in court a total of 6 times. She has been a single parent of two boys for a total of 14 years. She has lived through the struggles and come out the other side. Her words, honesty and humour captivates her audience.

Ep. 68 Planning Your Financial Future After Divorce: Tips from a Chartered Planner w/ Susan Bennett