Women have, on average, a fifth of the pension savings that men do. I wonder if that is because, however feminist we are, however loud we sing along to Destiny’s Child’s ‘Independent Women’, a lot of us still think, deep down, we will be looked after by a partner... but what should you do if you’re separating from your partner?
Lisa had some great advice
- If you find it upsetting to look at your finances, recruit a friend to sit there and go through them with you.Work out what you need to keep you going in the short term. What savings do you have access to? Can you borrow money from friends and family
- If you have debts, keep a document of what you owe and to whom
- Remember, legally you are not allowed to look at your partner’s finances without their permission so steer clear of their personal accounts even if you know the passwords
- Some women have a tendency to seek emotional help from their financial advisor and financial help from...