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Divorced Parents: Share School-Related Expenses

Divorced Parents Share School-Related Expenses

Money– for most of us, it’s our least favorite thing to talk about. When you’re raising kids as participating co-parents, discussing finances can sometimes feel like pulling teeth.

While the concept of child support eventually becomes a normal part of life for families that are raising children post-divorce, certain times of the year always feel like a heightened challenge. Christmas, birthdays and back-to-school season can really weigh on parents who are trying to decide how to fairly and effectively finance an enriching life for their kids. 

You know what? It doesn’t have to feel that way. 

From open communication to implementing a co-parenting app, shared expenses don’t have to be a messy, uncomfortable thing to manage during the school year. Read on to learn how to effectively handle this component of co-parenting your school-aged child. 

Average Cost of Back-To-School Expenses

The average family spends $272-360 per child during the back-to-school season. One in five families will spend more than that, expecting to contribute over $400 in expenses per child in order to prepare them with the proper supplies and clothes. 

The COVID-19 pandemic resulted in additional costs for some families. In order to prepare for online school, some families spent thousands of dollars in order to equip their kids with the right technology. 

Education-Related Expenses 

Education expenses are any expenses required for your child to be enrolled in or participate in school. These expenses may include but are not limited to: 

  • Uniforms
  • Tuition and fees
  • Transportation costs to and from school 
  • School supplies
  • Books
  • Room and board
  • Tutoring
  • Computers and technology

Families are spending more and more on these items every year, especially as their children get older. It’s important that separated or divorced parents discuss what items are necessary for school, and what are unnecessary expenses. 

Extracurricular Expenses 

If they’re anything like the statistics, your kids are likely excited to get back into their extracurricular activity of choice. According to the U.S. Census Bureau, 42%  of school-aged children were involved in sports. 30% of children were involved in some kind of private lessons (like music), and 28 percent were involved in clubs. 

Of these kids, 9% participated in all three types of activities. That makes for a busy (and potentially expensive) school year!

Activity costs may include: 

  • Yearbooks, photos, admission to events
  • Sports physicals 
  • Prom, homecoming, or other dance expenses 
  • Registration fees
  • Sports equipment and uniforms
  • Transportation costs to and from activities 
  • Driver’s education costs 
  • Private music, sport or drama lessons 
  • Student activity fees
  • Instruments

Just as you and your former spouse come to a transportation and custody agreement, it’s important to acknowledge the expenses that come with your children’s favorite pastimes. While wildly beneficial for their health, development, and happiness, 46% of parents report spending more than $1,000 on their kids’ activities every year. If you’re co-parenting, it’s time to talk about how that’s going to be split between households. 

Picking a School

After a divorce, a child may need to change schools to satisfy their new living situation or their parent’s expectations for their education. If you’re like 10% of families in the United States, you may consider private school over public school for your family. This will obviously come at a cost. 

On average,  K-12 schools will cost a family $25,000-$65,000 a year. Will this be sustainable once your incomes are no longer combined? 

When determining what school you will ultimately finance, ask yourself these questions: 

  • Is private school a necessity, or a luxury? 
  • What is in the best interest of your child? 
  • What is each parent able to pay? 
  • Can you make this decision without a mediator? 

If the child is already enrolled in a private school, it may be best to keep them in an environment they are familiar with. At the end of the day, you know what’s best for your child. Have an honest conversation as parents– it may make for an easy decision. 

Post-Secondary Education 

Is your child nearing the age of 18? Parental support may extend beyond childhood. 25 states give courts the authority to order a non-custodial parent to pay some level of college expenses. This kind of child support is called “post-minority” or “post-secondary” support.

Have you already established a college fund? What sort of support will you provide to assist with moving or living expenses? Set aside some time and have a sit-down discussion about what kind of future you are expecting once your child reaches his or her college years.  

Spending Philosophies 

How did it feel to discuss money in your marriage? Were expenses split, or determined by income ratios? While determining a fair child support arrangement, courts will consider the following: 

  • The gross incomes of both parents (includes salary/hourly wages, any commissions, rental income, tips, or bonuses)
  • The typical payroll deductions and available tax deductions for both parents
  • The custody agreement 
  • Each parent’s expected childcare costs

If you’re still working out the specifics, start with considering two very general expense-sharing philosophies. 

50:50 Spending 

Do you feel that it is most fair to split costs 50/50? This is most common for separating parents who earn similar incomes. 

If you can work out a monthly payment agreement, or reimburse one another by 50% immediately, you may be able to avoid any conflict involving delayed payments or anything in direct violation of the child support agreement. 

Income Ratios 

If there is a substantial difference in income, it may be the fairest to agree upon an income-based system. A 70/30 or 60/40 split might be the most reasonable arrangement if you expect to maintain a quality living environment while paying off all other bills and debts. 

Did you experience a high-asset divorce? It may be time to discuss the reality of child support costs and what you can reasonably afford. A divorce is an expensive time for both parties– it’s best to stay compassionate and realistic in what you both expect to earn and contribute. 

Dividing by Line Item 

Would you rather just take turns paying for items and activities? If the two of you have been doing this for a while and know what kind of costs should be anticipated, it might be convenient to split expenses based on specific costs. 

Perhaps one parent covers all extracurricular expenses while another pays for a great first day of school outfit. If one parent is more invested in a sport or activity more than the other, they may feel driven to contribute more than their required share. Talk it out! 

How to Determine Shared Expenses  

Are you looking for some quick methods to implement into your shared expenses? Consider some of these tricks to eliminate friction.  

Tracking Spending 

Tracking spending is a core organizational tactic that many households–separated or not– use to keep their finances in line. By keeping receipts and documenting every single charge, you can ensure that both parties are abiding by the agreed-upon child support directive. This can be done both online (spreadsheets or shared docs are convenient) as well as by collecting and keeping all receipts. 

Expense tracking can also be a great communication or “check-in” tool. Keeping the other parent “in the loop” about what expenses have come up and how they were paid for will help to keep things cordial.  No need for surprises or awkward parking lot payouts if you agree to a regular finance meeting. 

Review Trends

If you’re successfully tracking every expense, it’s easy to look back on last year’s expenses. Once you can anticipate what the expected costs are, it’s much easier to come to an exact agreement that doesn’t leave room for frustrating surprises. Managing expectations is one of the best things you can do for this new kind of relationship. 

Reviewing trends is also a great learning experience for you both. By looking over what money was spent unnecessarily or in excess, the two of you can update what might be expected, or budget a little differently. That’s more money in both of your pockets! 

Put Agreements in Writing 

If you are still working out an arrangement, the court may require you to track all expenses to ensure that they qualify for reimbursement or cost-sharing.

If expenses are something your lawyers are keeping track of, it’s best to record them in accordance with your child support agreement, and make any required payments by the date they are expected. 

Even if your arrangement isn’t required by the court, you may want to consider having your agreement added to the court order in order to hold everyone accountable. If this is done, remember that this agreement may need to be amended as the child gets older, and as their expenses start to evolve. 

Co-Parenting App

Are you always on the go? Are you a tech junkie? Do you prefer having everything in one place so it’s easier to track and share? 

If so, a co-parenting app might be the key to a successful school year. 

A financial management system helps you and your co-parent keep track of child-related expenses in one singular place. Name and categorize each expense so it’s clear what each charge is for. Take pictures of receipts for quick uploads and reimbursements on the go. 

A co-parenting app like 2Houses bridges the communication gap between households by releasing a wish list feature to keep your co-parent in the loop of upcoming expenses. You can also send a parent a request to reimburse you for their determined portion of any expenses. No more texting back and forth about money, or using your child as the middleman. 

Once it’s time for tax season, exporting all data into a CSV or PDF will make things easier for you or your accountant. You will never again have to ask for financial documentation from a co-parent in order to complete or file your taxes or see if you qualify for a tax credit. 

Potential Challenges 

The confusing aspect of child support is the lack of guidance or prescribed spending provided by the court. As child support intends to provide for a child’s basic needs, it usually only accounts for: 

  • Housing
  • Food 
  • Clothing

This becomes even more apparent when households are trying to determine where their child will attend school. If parents cannot agree on the type of education their child will receive, it is up to the court to decide. 

The courts will consider the following conditions: 

  • The parents’ respective educational backgrounds
  • The age and grade of the child
  • The current enrollment environment of the child and how long they have attended that particular school
  • How a private school education compares to the quality of education at the public school the child would otherwise attend
  • The financial resources of the parents

These questions certainly don’t have to be answered in court. Bringing these considerations to the table on your own can help you two communicate clearly, and effectively. Communicating with respect, patience, and grace will help you and your former spouse solve the labyrinth that is co-parenting.  

Keep Track of Shared Expenses With One Great Tool

The most important part of keeping a handle on co-parenting expenditures and shared expenses is staying organized. While we can’t promise a completely stress-free school year (read: runny noses, lost textbooks, late mornings), an organized approach that involves splitting costs, methods of payment, deciding what costs are necessary together will keep two co-parents on the same team. 

Is your team looking for the right tool to keep your two houses in order? Start your 14-day trial of 2Houses and discover how the right financial management system can ensure your separate accounts operate in sync. 

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Back to School: Tips for Easier Co-Parenting Relationship

Tips for Easier Co-Parenting Relationship

According to a meta-analysis of 33 studies conducted by psychologist Robert Bauserman, children of divorced parents tend to be more well adjusted when there is a joint custody agreement rather than a sole custody agreement. Many parents who are getting divorced choose to pursue a joint custody agreement, both for the wellbeing of the child and because they both desire to be involved in their child’s life.

Joint custody can allow a child to grow up with the influence of both of their parents. However, it can also create a logistical puzzle to figure out when you factor in work schedules, school schedules, and more.

As the summer comes to a close and school starts back up again, the rhythm of your child’s life will change. This means that your co-parenting relationship will have to shift to accommodate this change.

Are you wondering what you can do to make your co-parenting easier during the back-to-school time? We’ll discuss a number of tips including how a co-parenting app can help keep your schedule and communications organized.

Have Strong and Consistent Communication

It’s important that both parents are informed about their children’s health, academics, and social developments. For this reason, weekly communication should be established.

There are a number of different ways to regularly and frequently communicate regarding your child’s schooling. There isn’t necessarily a right way to do it, but it is important to establish an understanding of the communication avenues for this purpose.

Depending on your relationship with your co-parent, some communication tools might be more appropriate than others. E-mail, texting, and phone calls might be appropriate ways to stay in touch about how your child is doing in school. You can also utilize a co-parenting app to help streamline communication and reduce confusion and disorganization.

Build a Structured Schedule

Building a structured schedule is important both for divorced parents and for their children. For parents, it helps both people keep track of the child’s activities. For children, it helps give them a sense of routine, security, and certainty that is an important part of healthy child development.

When you have a set and agreed-upon schedule, it helps everyone involved understand what is expected of them. Rather than dealing with constant confusion over misunderstood expectations, a structured schedule makes it clear where and when each person is supposed to perform certain duties.

It is completely fine to have a flexible schedule if that works best for the parents and the child. Allowing for flexibility can be important because work schedules can differ and because life can be unpredictable. However, in order for there to not be holes or mistakes made, communication is key.

One of the ways that you can reduce miscommunication in this regard is by using an interactive calendar that allows both parents to schedule and manage changes while eliminating time clashes.

Be Present For School Activities and Events

Even if you and your co-parent have difficulties in getting along, it’s important to be able to come together when it comes to school events and activities. Whether these are sports games, spelling bees, science fairs, school plays, or any other kind of school-related activity, it’s ideal for both parents to attend and show their support for their children.

During this time, it’s important to put the needs of your child first. However, if you and your ex aren’t able to sit together without getting into an argument, you might choose to sit separately to avoid relationship drama seeping into your child’s activity.

Be Attentive During Homework

One of the most important roles a parent plays for a school-age child is to be there when your child needs help with something, including homework. During the time when your child is living with you, take the time to sit down with them and learn what they’re working on and if they have questions.

When you do this, you are demonstrating that you are there to help in all parts of their lives. It can also be good to coordinate with your co-parent about how you plan to help with their schooling.

Don’t Let Drama Impact Your Child’s Academic Life

Divorce can be difficult in many respects, and it isn’t uncommon for there to be hard feelings between co-parents. That being said, it’s important to ensure that the issues between the two of you don’t impact your child’s academic life or overall wellbeing.

You don’t want your child to be distracted from their studies by relationship drama. For this reason, it’s essential that you and your ex are on the same page when it comes to your child’s social and academic needs. When both parents are engaged, it gives the child an important experience of security.

Coordinate Ahead of Time

One of the best ways to avoid conflict and confusion when it comes to co-parenting a school-aged child is to be on the same page. This means coordinating the details ahead of time. When it comes to parent-teacher conferences, school supplies, and how information will be exchanged, you will want to create an outline and understanding ahead of time.

You will need to create routines for things like extra-curricular activities, pickups and drop-offs, inclement weather, and emergency scenarios.

There are always going to be events in life that you can’t anticipate and plan for. However, you can leave a lot more room for dealing with this type of event by being organized and realistic about routine activities ahead of time.

The better able you are to plan for potential contingencies down the road, the fewer confrontations or miscommunications will occur.

Discuss the Cost of School Supplies

When you are splitting custody of your children, there is obviously a financial aspect to be taken into account. You should be considerate of how the costs of school supplies will be dealt with ahead of time. The last thing you want is for your child to need something for school and for the process to be derailed by confusion or conflict.

Talking about this ahead of time also ensures that your child doesn’t end up with duplicate supplies or isn’t missing particular things they need.

Take a look at this article for more tips on keeping track of shared expenses.

Meet Teachers Together

Ideally, it is best for both parents to get to know the teachers of their children. You can also take this opportunity to let teachers know about your family’s living arrangements and situation.

Divorce can be hard on children, and this can sometimes manifest itself in emotional outbursts, behavioral problems, learning challenges, and more. When you are straightforward with their teachers about what is going on at home, it opens a door of communication and keeps them informed. This also means that you might be better equipped to stay on top of any issues as they are arising.

Disclose Information

In a co-parenting situation, it’s important that both parents are aware of all of the details of a child’s academic life. This includes information about afterschool activities, major projects, grades, and lunch menus. You can help make the job of co-parenting easier for both of you by sharing copies of important deadlines and schedules, which can keep you both up to speed.

Create a Shared Calendar

One great tool that can help make it easy to share information and schedules is a shared calendar. This can also reduce direct communication between you and your ex, which might help to reduce the opportunity for conflict if there are still relationship issues that haven’t been worked out.

How to Increase Your Chances of Co-Parenting Success

One study found that children who are raised by co-parents that work cooperatively together have fewer behavioral issues. These children also tend to have closer relationships with their fathers than kids who are raised by a single parent or hostile co-parents. Here are a few tips to help you increase your chances of success when it comes to co-parenting.

Let Go of the Past

It’s important to never vent your frustrations about your ex to your child. These feelings are best shared with a therapist or close friends or family members. If you have nothing but contempt for your ex, it will be very difficult to successfully co-parent.

Keep the Focus on the Child

The most important thing for you to focus on in the present is what is best for your child. It can be difficult to move beyond past relationship issues but being unable to do so can take the focus away from what matters most.

Communicate

Good communication is absolutely essential as a part of co-parenting. Some guidelines you will want to follow include:

  • Be respectful, clear, businesslike, and concise when you are communicating
  • Keep email and texting communications brief and to the point
  • Set and stick with boundaries you have set up about the appropriate time of day for sending messages to one another
  • Communicate directly if possible rather than through an intermediary
  • Be cooperative when you are in communication

So much confusion, pain, and difficulty can be created when we fail to communicate clearly and with good intentions. For this reason, it’s essential to focus on sticking with these guidelines and the guidelines you’ve set with your co-parent.

Listen Actively

Communication has two halves: one is speaking and one is active listening. Work to make sure that your co-parent feels both heard and understood. Be sure to avoid interrupting them when they speak and take turns speaking.

It can be helpful to repeat what your co-parent said in your own words after they have spoken. You can then ask if you understand correctly what they have said. This helps ensure miscommunication doesn’t occur.

Work Together and Support One Another

For the best interest of your child, it’s important that you learn to work together. Mutually agreed-upon rules should be abided by. These include things relating to bedtime, curfew, screen time, diet, or other aspects of life.

Plan Ahead For Vacations and Holidays

Co-parents can struggle with dealing with vacation and holiday time. However, these times of the year can be made much easier by planning ahead of time and good communication.

It’s best to always give as much notice in advance as possible when it comes to these plans. When you are traveling with your kids, give your co-parent contact information so they will know where you are and how to reach you.

It’s good to practice consistency when it comes to holidays, too. If your child usually spent Thanksgiving with your ex’s side of the family and Christmas with your side of the family before you split up, it’s best to keep the routine the same if possible.

Check out this article for helpful information about creating a schedule for the summer.

Be Willing to Compromise

Compromise is just as important in a co-parenting relationship as it was when you two were still together. It’s always best to work towards a solution that you can both live with when you don’t agree on an issue.

Are You Looking For the Right Co-Parenting App?

When you start a co-parenting relationship, it can seem difficult and overwhelming at first. However, many of the issues that can crop up can be mitigated by organization and communication. Putting in the time and effort to come up with a plan that works for both of you as well as for your child can go a long way.

Staying organized can be one of the biggest challenges when it comes to co-parenting. Using a co-parenting app can be a major help when it comes to removing stress from a two-house arrangement. If you’re looking to improve communication and organization between you and your co-parent, learn more about 2houses here.

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Out-of-State Custody Arrangements: Creating a Workable Agreement

Out-of-State Custody Arrangements

Did you know that in 2018, America had roughly 780,000 divorces? That’s about one divorce every 60 seconds!

Consequently, this adds a lot of heartache due to things such as split custody, lawyer fees, and emotional turmoil. Nobody wins in a divorce. However, the ones who usually suffer the most are children.

This is because kids don’t fully understand what’s happening; they can’t quite comprehend the shifts taking place. This is further compounded when moving states and split custody enter the picture.

But, even in the midst of such tragedy, there is hope. The opportunity for a better tomorrow lies beyond the struggles of today.

And while painful, the sting of divorce can be somewhat soothed when split custody schedule ideas and agreements are introduced.

As a result, parents and kids can maintain their relationships with one another. In this article, you will get split custody schedule ideas to help you cope with your divorce.

What is Split Custody?

Split custody is the arrangement for your children following a divorce. Who goes where and for how long?

For example, after a divorce, your child may live with their mother during the school year but then move in and live with you for the summer months.

Split custody is a mutual agreement decided on by the parents and then approved by the courts. Or if the parents are unable to agree, a judge will come to a conclusion for both of them.

Split Custody Schedule Ideas

If your divorce has separated you from your kids by a few states, don’t fret. You have options.

You can set up a split custody schedule for long distances; this kind of arrangement will keep everyone happy. Here are a few things to keep in mind for how to do it.

Travel Expenses

How will your child reach your home? What kind of transportation did you have in mind?  Furthermore, who will cover the cost? You? Your ex-spouse? Or will you divide it between the two of you?

Parents Visiting From Out of State

You could also reach an agreement with your ex-spouse to come to visit your child or vice versa. Your ex-spouse could also come to your neck of the woods, too. This is good for a multitude of reasons.

First, it prevents your child from always bouncing back and forth. That’s not good for their mental health. Second, it keeps the custody arrangement from becoming too lopsided.

And last, it fosters stability in your child when they see their parents acting amicably toward each other.

Holidays, Vacations, and Special Occasions

A good idea you could ponder is to set up visiting arrangements around your kid’s schedule. Ponder your child’s life.

For example, consider summer vacations, Christmas holidays, fall and spring breaks, Easter, Thanksgiving, birthdays, and long weekends. These are prime times for a workable split custody schedule.

By taking into consideration your child’s arrangements, you can plan get-togethers that will result in better experiences.

In the same way you have priorities in your life, your child also has obligations as well. They may not be on the same scale as yours, but your kid still has them nonetheless.

So it’s important to plan around them when it’s most convenient for your young one, and the best times to do that are during holidays and special occasions.

Communicate

You always want to stay in touch with your child, and not just when making plans. If you’re the removed parent, put in the effort to keep the lines of communication open as often as possible.

Whether it’s through a phone call, a casual text message, or a Zoom meeting, try to keep in touch. This is important for keeping the bond intact, and as a result, strengthening the relationship.

More Long Distance Schedule Ideas

When living out of state, your child lives with your ex-spouse and visits you. For this reason, it’s good to have as many ideas as possible to make seeing your child effortless.

So here are a few more things to consider:

  • Living Arrangements – Your child can live with you one part of the year and move in with the other parent for the next
  • Monthly Visits – You allow for visitation monthly on each long weekend (most months have at least one long weekend)
  • When School is Out – Whenever school break commences, the out-of-state parent gets the child
  • Undetermined – When you and your child’s schedules match up, you visit each other

Mix and match these choices as much as you see fit. Each one provides flexibility for both parent and child.

Age Considerations

It’s also important to factor in your child’s age, as this will play a role in your split custody schedule. Younger kids who aren’t in school have more free time, but this changes once they get a bit older.

Middle school kids and teenagers usually have friends, classes, and other extracurricular activities. As a result, it’s important to adjust your schedule appropriately.

In addition, some teenagers may even have a job already; it’s common for kids to start working around that age.

The primary goal is to create a schedule that works for everyone, especially the kids. You don’t want to interrupt their lives too much with the out-of-state moves.

Therefore, it’s crucial to keep a pulse on what’s happening in their lives and actively communicate with each other.

Cooperation is Needed For Out-of-State Moving

Whether you’re moving or your ex-spouse is, it’s important you’re on a similar wavelength. You must be on the same page. With the two of you on good terms, this will give you some leeway in your visitation plans. 

Besides, out-of-state schedule planning is hard, so everybody has to cooperate and be on board for things to work. 

The Importance of a Split Custody Agreement

Try finding common ground with your former partner. Just because you split doesn’t mean you can’t still be amicable with them. In fact, the whole idea behind split custody is to find that meeting point. 

Settling child custody disputes in a polite and good-natured way will make everybody’s lives easier, especially your kids’.

With this in mind, coming to an agreement with your former partner should be the main objective. A good split custody agreement will ensure that everyone’s needs are met. This allows for cohesion to take place.

Which State Makes the Final Call?

Excluding Massachusetts and Vermont, all states adhere to the Uniform Child Custody Jurisdiction and Enforcement Act (UCCJA).  This entails that the choice of where the child resides comes from the state where the child was born.

For instance, if the child was born in Texas, but then moved to Florida, then Texas would have the authoritative entity.

But there’s always an exception to every rule, and this one is no different. One exception is if your child needs to be taken away due to security concerns. 

To illustrate, if your ex-spouse was unfit to care for your child and you were living out of state, that would be grounds for your child’s removal. The non-home state may be deemed as your child’s new residence.

Ways to Change Visitations and Custody Arrangements

There is a simple method to change your custody agreement. Talk it out with your former partner. In spite of anything you’ve heard, this is usually the simplest course of action.

Once you clear everything and the two of you are in agreement, get it approved by the courts. If you’re on good terms with each other, this shouldn’t be a problem. 

However, that may not always be the case, especially if your divorce was rather hostile. In that scenario, you’d appeal to the court to have a trial so that a judge can settle the dispute.

Dealing With Logistics

This is important. Managing the distance comes down to having the details of your child’s travel plans sorted out. And the good news is, you have options with this as well. 

Here are a few choices to consider that can be quite helpful in solving this logistics problem.

Negotiate

Generally speaking, the parent who moved pays for the child’s travel. But that doesn’t mean there can’t be compromises. On the contrary, coming to a mutual agreement with your former partner can be easier than you think.

Travel expenses can add up quickly, even for a young child. There is the plane ticket, car rides from the airport, trains, Ubers, or even buses. By negotiating with your ex-spouse, you can work out a deal.

Maybe you can cover certain schooling or other types of expenses for your child down the line. This will more than make up for the financial favor you’re asking for upfront.

Fly Alone Programs

Otherwise known as unaccompanied minor programs, these are tailored to kids who are too young to fly solo. 

The program offers an airline worker to accompany and safeguard your child during the flight. The employee will watch your child from when one parent drops them off until the other picks them up. 

Most airlines offer this service, so you shouldn’t be hardpressed to find one that can help you. But be sure that you’re checking beforehand just to be safe. 

Sustaining a Long-Distance Relationship

Always remain in contact with your children. Even if it’s only a weekly or bi-weekly chat, do it.

When it comes to relationship sustainability, especially with children, something is always better than nothing.

And for the purpose of maintaining the connection with your kids, this is a necessity.

Here are a couple of pointers to keep in mind:

Digital Chats

Everything is conducted online these days. Why not use the same medium to connect with your children? There are plenty of ways to do this; you can use Zoom, Skype, or even your own phone.

With Facetime, WhatsApp, and other face-to-face communication methods, you can always be in touch with your kids.

As a result, you can maintain that connection until you see each other in person again. 

Emotional Support

Encourage your child to contact you whenever something interesting happens. Big or small, it doesn’t matter.

Of course, this will depend on both of your schedules.

However, by encouraging this open communication, it creates the conditions for your child to feel your unwavering love and support.

If your child knows they can contact you for anything, and you’ll always be there, it strengthens your emotional bond. This will cause you to feel like a pillar in their life, and they’ll feel loved and connected to you. 

Start a Ritual

Develop some kind of tradition or routine with your child when they are in town. This builds excitement in kids.

For instance, every time your child visits you, you could take him or her to their favorite restaurant, go to the cinema to watch a new release, or even just go for ice cream.

Show your youngster that your place is not only stable but also fun and refreshing. As a result, it will solidify your child’s fondness for you, and they’ll look forward to visiting every time.

Make Your Out-of-State Custody Agreement Work

Whatever the condition you’re in following your divorce, it’s important to make the most of it. Keep your head up. With a good attitude and cordial communication with your ex, you can turn things around.

And by doing so, find a way to make your out-of-state split custody agreement work for you.

If you enjoyed this article but still feel as if you need extra assistance, don’t hesitate. Be sure to sign up today and join 181,590 other families in 170 countries that we’ve helped so far. 

We look forward to serving you.

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Ways to Deal with Your Divorce as a Woman and Manage Finances

Divorce and finances

A divorce is usually harsher financially for any woman. In fact, a divorce means that a woman will have to live with lesser money than she had when married. And at such times, money management can be very difficult.

According to Bureau of Labor Statistics, the gender pay gap in American continues to persist. Currently, women earn only 84 Cents for every $1 that a man earns. This also puts women at some disadvantage.

And women can face more financial problems if they’ve to provide for children too.

Therefore, in this article, I will write about ways to deal with your divorce as a woman and manage finances.

Let’s start by learning a bit about divorce rates in USA.

Divorce Rates in USA

If you’re struggling to manage your finances after divorce, you’re not alone. According to law firm Wilkinson & Finkbeiner, the divorce rate for every 1,000 women in America is whopping 16.9 percent. Almost 50 percent of all marriages end in divorce or separation, according to the WF-Law website.

Furthermore, researchers estimate that 41 percent of all first marriages end in divorce or separation. About 60 percent of all second marriages and 73 percent of third marriages also end in divorce. As a matter of fact, the US ranks fourth in the list of countries with highest divorce rates, with the first three positions being taken by Russia, Belarus and Gibraltar.

The website also has some shocking facts. There’s at least one divorce in America every 13 seconds. As a result, over 15 percent of all adult women in USA are divorced.

The lockdowns of 2020, caused by the Covid-19 pandemic saw a surge in domestic violence leading to an increase in divorce rates across America. However, exact statistics are not yet available for this phenomenon. Most of these divorces during the Covid-19 period are mainly on grounds of domestic violence.

The average age for divorces is 30 years while 60 percent of all divorces involve people aged between 25 years and 39 years.

Dealing with Finances After Divorce

These figures clearly indicate that you’re not the only divorcee that could feel stressed, loneliness & financial issues after divorce. At the same time, not every woman suffers financially after divorce. That because they know how to deal with a divorce and manage finances.

Therefore, let’s look at various ways and means you could successfully use to manage finances after divorce.

Make a Financial Plan

As I mention earlier, women can sometimes bear the financial brunt of a divorce. Therefore, the first thing to do is make a superb financial plan for yourself. Calculate all your income, assets and liabilities. Find ways and means by which you can put the money you have in your savings to work and fetch you some income.

Investing on stocks, Mutual Funds, Exchange Traded Funds (ETFs), commodities and currencies is an excellent way to grow your money instead of allowing it to lie idle in a savings account. These financial instruments offer high returns over a period of time. However, you need to stay invested for long to make tangible and significant returns.

Find Side Gigs

Bridging the gap between your income as a divorcee and what you had while married isn’t always easy. Therefore, a side gig could help you overcome any shortfalls in money. There’re countless side-gigs that’re available for women. In fact, you can do a lot of them from the comfort of your house.

A side-gig not only gives you enough money but it also keeps you away from financial and other stress as well as loneliness to some degree. Its worth knowing that lots of Americans suffer from anxiety over money. And such anxiety affects divorced women fiercely. You can prevent anxiety over your financial condition by taking a side-gig or a part-time job that keeps you gainfully employed.

Think About Retirement Plans

One thing that most divorced women ignore is retirement plans. As a married couple, you might have had some plans for those golden years. However, the situation changes drastically after a divorce and you’re left to fend for yourself. Therefore, don’t ignore retirement plans. Studies across the US reveal a shocking fact: that more than 90 percent of Americans don’t have sufficient money to retire.

Surely, you wouldn’t want to be caught in this trap after divorce. Therefore, consider how and where you wish to retire, the amount of money you’ll require during those years and start planning for them right away. You could invest on annuities that would offer enough payouts when you retire. That way, you’re keeping away poverty in those golden years when you’ll be no longer working and having an active income.

Use Investment Apps

Understandably, you might not have much money from the divorce settlement and your own job. However, that’s no reason why you can’t start investing on stocks and commodities markets. Nowadays, there’re as many as five superb apps that allow you to start an investment journey with as little as $5 only. These apps include Robin Hood, Acorns, TD Ameritrade and others. You can download these apps on your smartphones for free and start investing.

You needn’t start by investing huge amounts of money if that’s not possible. Even a sum of $5 would be adequate. These apps allow you to invest in fractional shares and fractional ETFs. That means, instead of getting one full share of a company, you get a fraction worth the money you invest. And when you keep buying such fractions over a period of time, they add up to one share. This is an excellent way for any woman who’s divorced to start her investment journey.

Rework Your Health Plan

As a married couple, you might have had a health plan for the family. However, after divorce, this isn’t possible. Therefore, get your divorce attorney to rework the health plan with the insurer. And if that too is impossible, go for an altogether new health plan that suits your needs. All of us are aware that healthcare in America is very expensive. And without a good health insurance, you would have to bear these expenses from your purse.

There’re several excellent health insurances or Mediclaim plans available from various insurance firms. Consider all options before buying one. The best thing to do is shop around and find the best rates. Some insurance firms lower the premiums if you’re going for home insurance, health insurance and vehicle insurance from them. A combined plan costs lower than individual ones.

Build Your Credit

A divorce can leave your credit score in shambles. That’s not always the case, but sometimes you might be left with poor credit scores due to debts and other credit taken during your married days. Therefore, the best thing to do in such a situation is to look at how you could build your credit score once again.

There’re several ways and means to build a healthy credit score. One of these is to expedite the payment of your credit card dues. That’s because credit cards come with a stiff Annual Purchase Rate. And the longer you don’t pay the full dues, the APR keeps adding.

Having a credit card itself is good to build a credit score. However, it requires you to pay all outstanding dues on time and ensure that ARP doesn’t build up and boom beyond your control.

Shun Expensive or Large Purchases

Expensive or large purchases can throw your finances in a tailspin. Therefore, avoid these at all costs. Literally. Often, women go on shopping binges to overcome the loneliness and sorrow that accompanies a divorce. And this occurs even if you’ve been through a turbulent relationship with a partner.

Here, it’s worth remembering that they money you get as settlement or child maintenance could be one-off and hence, you need to utilize it properly. Therefore, I will again emphasize on the need to invest your money wisely on wealth building plans and retirement plans. The more you save and invest now, the more financial security you would enjoy in the future.

Get Financial Advisor

I’m aware that financial advisors don’t come cheap. However, if you’re unsure about what to do with your money and require some good financial planning advise, I recommend you consult a good financial advisor. They’re qualified to help you plan your finances for the future. Though you’ll spend a few Dollars for availing their services, it would prove to be a worthwhile investment.

A financial advisor usually has ties with banks, investment and insurance firms. Therefore, they’re aware of various plans and schemes that’re available in the market. This puts them in an ideal position to guide you on where to put your money and how much to invest on different plans to get high returns. For any divorcee, this advice can make a lot of difference in their financial life after divorce.

In Conclusion

As you can see from the above steps, managing finances for women after divorce isn’t all that difficult. The first thing you need to do is take hold of your finances and work towards securing a happier and better future for self and children if any, after divorce. Before concluding, I will add that a financial advisor can actually help you realize your financial goals. Hence, you can use their services safely, despite the cost. And if you wish, some banks and financial companies also provide robo-advisors for smaller investors to make the best of their finances. A divorce isn’t the end of the world for anyone, including you. It’s possible to get hold of your finances and live happily once again.

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All About the 3-3-4-4 Schedule

all about 3 3 4 4

Divorce is never easy, but it gets more complicated when you have children. Navigating the complexities of coparenting can add more stress to one of the most difficult events in a person’s life. 

The custody arrangement you make can be based on the specific needs of you and your family, custody laws, and even court decisions. For many families, a 50/50 custody agreement is the most desirable so that both parents have equal time with their children. 

If an equal division of child custody is your plan, then consider a 3-3-4-4 schedule. To unpack the specifics, keep reading below.

Benefits of a 50/50 Custody Agreement

When it comes to giving parents equal time with their children, there are many factors to take into account. Make sure you consider the implications of work schedules, frequent communication, and the proximity of parents’ living situations. Depending on your unique agreement, the type of arrangement you need may change over time. 

Sharing time equally between parents and households is a great way to help your children have consistency. It means they get to see both parents and have a predictable schedule that they can count on. During times of upheaval, that can help your children cope with your separated divorce. 

In fact, research shows that kids who spend quality time with both parents following a divorce are better off. They tend to have less stress, which can cause health issues, as well as are better developed and have a better sense of security. 

Of course, there are barriers to 50/50 shared custody that may be unavoidable. If both parents do not live close to one another, then a mid-week hand-off is likely out of the question. Even alternating weeks may not be possible if your children’s school is too far away for one parent to get to during the week. 

In addition, frequent hand-off and exchanges may be required, which may not be a healthy decision if there are lingering tensions. Mid-week exchanges and good communication about school, extra-curricular activities, and other commitments will be necessary. 

How Does the 3-3-4-4 Schedule Work?

If you’ve decided that equal custody is the best way forward for your family, then the 3-3-4-4 schedule is a great option. 

At its most basic, one parent will have the children for three days, then the other parent will have them for three days. After the three days, the first parent will then have the next four days before exchanging again with the second parent for four days. 

While that may sound complicated, it ends up working out much more smoothly than one would think. For most families, the first decision that needs to be made is whether or not one parent will always have weekends or if weekends will be split. 

For a more equitable division, it’s advisable to make sure both families have time during weekends to spend with their kids. Otherwise, the allotted time a parent has with the kids is spent at school and other activities. 

To get started creating a 3-3-4-4 schedule, start with deciding which parent’s days fall first. If it’s Parent A, they can start their three days on Sunday (for example). They’ll get the children Sunday, Monday, and Tuesday. At the prearranged exchange time, Parent A will hand the kids off to Parent B for Wednesday, Thursday, and Friday. 

At that point, each parent will have had their three days with the kids. On Saturday, Parent B will hand the kids off to Parent A for the next four days: Saturday, Sunday, Monday, and Tuesday. Then, Wednesday, Thursday, Friday, and Saturday will be Parent B’s four days. 

The only variation will be every other Saturday. This allows parents to plan ahead for schedules and know when their set days will be from week to week. 

The benefit of the 3-3-4-4 schedule is that your child or children’s school can stay consistent, as well as requires the involvement of both parents. The schedule is predictable and consistent, which can help with transitions. 

Considerations

The start date for the 3-3-4-4 schedule can be any day of the week that works. If parents have non-traditional schedules (such as working weekends), then it may not make sense to start the schedule on Sunday. 

In addition, if both parents don’t live close to one another and your children’s school, then a 3-3-4-4 schedule may not be the best fit. 

You’ll also need to be a strong communicator with your co-parent. You need to be on the same page for drop-off and pick-up times and locations. This is especially true if exchanges will take place after school or following extracurricular activities. 

Good communication is also necessary about school assignments, sports schedules, sleepovers with friends, or grades. Having a plan for how to exchange information, communicate, and be on the same page is vital. 

It might be worth investing in a custody app to help make communication easier for all parties involved. Not only can it help with communication, but can be a great way to compile information in one place for future reference. 

Holidays

One of the downfalls of a 3-4-4-3 schedule is that it does not take holidays and school breaks into account. For the most part, whichever parent has the children on a day when there is also a holiday will get to celebrate with them. 

This can seem unequal and unfair to many parents. For example, one parent may never get to spend Thanksgiving with your kids, since the holiday always falls on a Thursday. The other parent may never get to celebrate Easter as a family. 

You should have a plan in place for how you will deal with these important holidays. There are also court decisions that need to be taken into account, as well as travel arrangements for vacations or visiting family out of town. 

Regardless, there will need to be a certain amount of flexibility and understanding. If you’re not willing to be flexible with the 3-3-4-4 schedule, then another arrangement may be better. 

3-3-4-4 Schedule Variations

Your family’s needs will be unique, depending on your jobs, location, and situation. Your custody arrangement doesn’t have to be exactly what we’ve laid out here. The goal is to have your children spend equal time with both parents throughout the week, but how that looks can vary. 

It will also depend on what days and times you end up exchanging custody. This can also play a role in the amount of time kids spend with both parents, so your schedule may shift to accommodate schedules. 

4-3-3-4 Schedule

If your exchange times are different from week to week, to accommodate a parent’s work schedule, for example, it may work best to have a 4-3-3-4 schedule. 

For the first week, perhaps Parent A gets custody at 3 pm on Saturday. They have the children until 9 am Wednesday, at which point Parent B takes over. Parent B would have the children through Sunday at 3 pm. 

At 3 pm on Sunday, the parents exchange custody until 3 pm on Wednesday, when Parent B takes over again until the 3 pm exchange on Sunday. 

While not exactly three or four full days, the hours each parent spends with their children are equal. 

3-4-4-3 Schedule

If you always want to have a set weekend with your children, then a 3-4-4-3 schedule may help to keep that time set apart and special. In this arrangement, weekend exchanges would always be set (for example, Saturday night). 

The hand-off during the week would change, however. An example schedule is that Parent A would always have custody on Sundays, Mondays, and Tuesdays. Parent B would always have your child or children on Thursday, Friday, and Saturday. The day in flux would be Wednesday, which would alternate between parents every other week. 

This leave weekends set, which can allow for time spent on more fun activities together. During the week, when many kids are in school, the pick up day can alternate between Wednesday and Thursday. 

4-4-3-3 Schedule

You can also switch the order and have the four days fall first in the custody arrangement. Parent A would have the children for 4 days, from Sunday through Wednesday. Parent B would then have custody for 4 days: Thursday, Friday, Saturday, and Sunday. 

Parent A then has three days with the kids, from Monday to Wednesday. Parent B then has Thursday through Saturday. The exchange days would still be every Wednesday and every other Sunday. 

Split Weekends

Most parents want time on the weekends with their children outside of school hours and commitments. In that case, it’s important to plan your schedule in such a way that both parents have time on the weekends for activities and time together. 

When you decide to split the time on weekends will depend on your preferences and what works for your family. 

3rd Party Time

As kids get older, they can spend more and more time in school, at sports and extracurricular activities, or even with friends. Depending on the night of the week you have custody, that could mean you spend more time chauffering your kids to sports practice, music lessons, or birthday parties. 

This can start to encroach on your time with your kids. It can be helpful to account for 3rd party time, or time when you kids are with neither parent. Calculating this time can help determine who each parent can get equal time with your children. 

Adjustments can be made, perhaps a later pick up time, to allow both parents to enjoy time together with your kids outside of school and pre-arranged activities. 

Other 50/50 Custody Agreement Options

There are many other possibilities to have equal custody of your children if the 3-3-4-4 schedule isn’t for you. Remember, though, that equal time with your children still requires that parents live close to one another and your kids’ school, as well as good communication. 

Alternating Weeks

Sharing custody every other week is the most straightforward option of equal custory. Custody exchanges can take place every Friday night or Saturda morning. That gives each parent an entire weekend together with your kids. 

This schedule allows children to plan for a whole week at a time at one parent’s home and not worry about a mid-week switch. 

Alternating Week with Mid-Week Visit or Overnight

While alternating weeks is consistent, it can feel like a long stretch to go a week at a time without seeing your children. This can be address by a mid-week whichever parent does not have custody that week. It can be as simple as a dinner together or time working on homework. 

You can also add in a mid-week overnight with the opposite parent. Just make sure that the night in question doesn’t not have other commitments such as music lessons or activities that will reduce the amount of time spent together. 

2-2-3

The beauty of a 2-2-3 schedule is that each parents gets a long, 3-day weekend together with your children. This will alternate, so each parent will be able to count and plan on time outside of school commitments and schedules to spend together. 

2-2-5-5

A 2-2-5-5 schedule allows for longer stretches of time together before an exchange occurs. For many parents, when 3 or 4 days go too quickly, a longer amount of time is needed. 

This schedule works similarly to a 3-3-4-4 in which Parent A has two days, Parent B has 2 days, then Parent A has 5 days and Parent B has 5 days. This does create a bit more fluxuation of days, so it’s important to use a calendar to make sure everyone knows who has custody for which days. 

Sharing Custody: How to choose? 

When it comes time for you and your family to settle on a custody arrangement, take some time to weigh your options. Having a consistent and predictable schedule can work wonders as you help your children understand and accept your divorce. 

While a 3-3-4-4 schedule is a great option, make sure everyone understands what it will involve. And in order to help you and your co-parent navigate a new arrangement, make sure you contact us to see how the 2houses App can make your transition easier and more manageable.