My Husband Ran Off with a Younger Woman

Dear Scott,

Well, I never thought I would be writing this but … a month ago my husband of 21 years fessed up to wanting to run off with a girl 25 years younger who he met only a week before. Ouch! Fortunately, I have been Barefooting for the last few years and have paid off all debts (apart from the mortgage), and I have put $6,000 extra into the mortgage and saved $5,000 in Mojo.

It is probably not enough to get me through the financial mess of separating our finances, including the family home and a used-to-be jointly run business. But, despite the dent to the ego, I realise that if I am clever enough to have come this far, I will be okay. My question now is, how do I pay off my house after giving him his share?Thanks,

Kirsten

Hi Kirsten,

You sound like the dream person to get divorced from — if I did that to my wife, I’d literally be in fear of my life.

Without knowing your particulars, let me tell you the number one financial mistake that I see most women make when they divorce: they keep the family home.

Do you still need a big family home? Can you afford it on one wage? And, even if you answered yes to both of these questions, do you want to live in a home with all that emotional baggage?

If you can sell it as part of the settlement and come out with cash in your pocket, that would give you less stress and more freedom — and that’s exactly what you deserve. New Year, New You. You Got This!

Scott