How much does a divorce cost?

If thinking about a divorce, you need an idea of the costs. A recent report suggests the average cost of a divorce is $15,000. Is that how much it will cost you? That depends.

What can I do to keep divorce costs down?

To reduce the costs of divorce, you need to take a realistic look at your situation. Figure out what is worth fighting for and what is not. Here are some steps to help your lower your costs:

  • Find out about how child custody works: Courts work on the basis that both parents should take an active role in their child’s life. There will be exceptions, such as if one parent abuses the child. Knowing this can save a lot of needless legal battling and money.
  • Learn about how financial matters work: Your attorney can help you understand how courts decide financial issues in divorce. These include dividing property and awarding child support or spousal support. Setting realistic goals will speed up the divorce process.
  • Look for compromise: If you set out to win at all costs, your spouse may do the same. If you both accept the need to cede ground, it can make the process simpler.

Concentrate on the figures and put your emotions to one side. You cannot change past wrongs, so do not let them distract you from the task at hand.

Staying married could cost you more than divorcing

People, especially women, often stay in problematic marriages because they think they cannot afford to leave. While divorce has a price, the cost to your emotional and mental health may be far greater if you do not divorce. You may also find your career thriving once you regain your happiness, allowing you to earn back the divorce costs soon.