This online library will help you think about important financially focused questions that you should be asking.
It will also direct you to financial information that may be relevant to you and your current situation or life experiences.
What is a Life Experience?
We often talk about the big moments in our lives as ‘Life Events’ or ‘Life Stages’.
Life events are important moments in our lives but are not always a once off event, but rather a period in our lives that we are experiencing.
These times in our lives are called ‘Life Experiences’. You can live through more than one experience at a time and each experience could go on for a long time.
Most people may not live through some of the life experiences at all and will experience them at different times of their lives - there is no specific order (except for death).
Divorce
When a person meets someone, and they form a relationship; there is a picture of a “happily ever after.” Parting ways is never easy after imagining a life together.
From a financial point-of-view, costs have been shared, but now these costs that have been shared, will now have to be carried individually.
Questions
Divorce is difficult, but you need to keep a level head when it comes to the finances. Here are some things to think about.
Important things to think about
Click on the icons to see the types of questions you should be asking yourself...
What are the legal costs of a divorce?
Are we married in Community of Property or Out of Community of Property?
How will we split joint investments E.g. a house?
How much debt do we have together and/or alone?
Important things to think about
Click on the icons to see the types of questions you should be asking yourself...
What are the costs of living alone?
What expenses can I cut back on?
Where am I going to live?
Do we have children to think about?
Learning series
The FSCA have put together a learning series just for you. The topics selected will help you through the financial side of your life experience.
Recommended for you
The FSCA have made recommendations of topics that may help answer some of the questions you may have.
Download all the content for these topics in the resource folder.
How to access the resource folder
Click the menu button on the top left. Click on Resources. Download the documents.
Accessing other topics
Remember, these suggested topics are not the only ones available to you. If you would like to explore our other FSCA learning series you can visit our website.
www.fscaconsumered.co.za
Conclusion
We hope that the information is informative!
We challenge you to put this knowledge to practice so that you can make financially smart decisions!
Remember to download the content before exiting the module.
