When you get divorced, it’s not always easy to see past the emotional pain and anger. But it’s important to understand that divorce can cause a wide range of losses.
One of the most common financial losses that a divorce can cause is the loss of two incomes. When two people are married, they usually share expenses, such as rent and groceries, in order to make ends meet. But once those two incomes are split up due to the divorce, it can be much more difficult for both parties to keep up with their financial obligations. Secondly, child support payments and alimony can add additional financial strain on both parties.
Loss of enough time with children
When two parents are living together, they often have more opportunities to spend time with their kids. But once they separate, the amount of quality time spent with those children often decreases. Sometimes, one parent will be granted full custody and the other may only get to see the children on weekends or holidays. This can cause a great deal of heartache for the non-custodial parent and resentment from the custodial parent who has to shoulder more of the burden of childcare.
Loss of social connections
Divorce often means losing contact with mutual friends and family members. This can be especially difficult for those who have developed strong relationships with their former partner’s extended family and friends. Moreover, it can also lead to feelings of loneliness and isolation as the person adjusts to being on their own once again.
Loss of assets
Divorce can also lead to the division of marital assets, such as property, cars or even pets. This usually happens in a court-ordered divorce settlement and can leave both parties feeling deprived of the things they counted on having. When property and other assets are divided up, it can be difficult for both parties to adjust to the changes.
Divorce is a difficult process that can cause a wide range of losses. It’s important to recognize these losses and to take steps to mitigate them when possible in order to make the transition as smooth as possible.