Posts Tagged ‘fear’
Courage And Freedom
For me, my life has been one big life lesson in courage and freedom. Thus it comes as no surprise that helping others find the courage to reach financial freedom has been my career path for the past fifteen years.
As a wealth advisor, I help others have the courage to pursue their dreams and create the financial freedom to live joyful and abundant lives. Does that equate to living a life full of roses—the answer can only be yes if one accepts the thorns alongside the beauty.
The key to embracing our life purpose lies in embracing the challenges along the road to freedom, facing the fears that otherwise hold us back and having the awareness that without a roadmap in hand, financial freedom is but a fleeting dream. It takes real courage to invest one’s money into a volatile market gripped with global economic uncertainty. Throwing caution to the wind is not prudent. But with careful consideration of one’s goals and objectives, flavored with a bias towards risk management, and courage to correct course along the way, financial freedom becomes reality.
We all go through transitions in life—affectionately called “stressors”—-marriage, births, job loss, career changes, major illness, loss of loved ones, divorce, moves, retirement, to name but a few. All transitions share a commonality—they take courage—courage to overcome our fears and courage to embrace the change that results from each event. Financial freedom makes the transitions less stressful. And sometimes the financial freedom comes as a result of the transitions. And yet, financial freedom takes focus, effort, work, determination, and courage.
If you are seeking courage and freedom, then “When the past calls, let it go to voicemail. It has nothing new to say.” With an open mind you can explore, create, and grow, remembering all the while that progress would be impossible if we continue to do things the way we always have. As John Wayne said, “Courage is being scared to death—and saddling up anyway.”
So “saddle up”—find the courage to create a life full of freedom, joy, happiness, and abundance and you will know you are truly living!
This article was contributed by Janet Woods, Wealth Advisor, UBS Financial Services, Inc., 214-373-5918 www.ubs.com/fa/janetlwoods
Your Functional Divorce Assignment:
What are your financial goals? Most people dealing with divorce need to visit this question. Divorce usually changes finances dramatically, yet it doesn’t have to ruin your financial future. Allow yourself the freedom to really assess what your financial goals are.
What do you need to do to achieve your financial goals? This is one of those times when it’s important to know what you need before you can ask for help. Everyone has a unique financial situation when they complete their divorce. Some people need to figure out how to invest a lump sum from a retirement account, some people need to find a job, and some people need to figure out how to rebalance their portfolio. Whatever your unique situation is, spending a bit of time figuring out what your most immediate need is will allow you to know exactly whom you need to request assistance from.
Luckily, I know you know how to ask for help (you wouldn’t have found this newsletter if you didn’t) and so you’ll be able to start on your path to reaching your financial goals by working with the correct professional for you. BUT, if you need an assist in knowing which type of professional to work with, I’m only a phone call or email away.
© 2013 Karen Finn. All rights reserved under all copyright conventions.
How To Slay Your Dragons
When’s the last time you heard someone say, “I feel stuck!”? It probably wasn’t that long ago. Heck, it might have even been you hearing yourself uttering or muttering these words.
When I went through my divorce and the process of rediscovering myself, I felt stuck. Everything in my life was changing, but I felt stuck. I had repetitive thoughts that got in my way. I had beliefs about being less than others and these beliefs often kept me from having, doing and being what I wanted. In short, my divorce derailed the life I was living and I was feeling overwhelmed by all the changes.
What I know now that I didn’t know back then is that all of my feelings of stuckness were just my personal dragons that I needed to slay before I could fully engage in my life again.
So just to be clear about what it feels like to be stuck these are some common things my clients say to describe being stuck:
- Stressed out
- Feeling misaligned with what’s going on
- Experiencing strong unpleasant emotions
- Needing to get more knowledge about something, but not sure what or how to do it
- Repetitively trying things that just don’t work
- Not able or willing to take the actions needed
(Of course there could also be a medical reason for experiencing these feelings of stuckness and those folks need to work with their healthcare provider too!)
Maybe these descriptions of stuckness seem familiar to you. Maybe you’ve seen your own fire-breathing dragons and are tired of being at their mercy. If that’s you, I’ll bet you’re wondering “How do I slay my dragons?”
And that, dear reader, is exactly the question I hoped you would ask.
It turns out that there’s been quite a bit of amazing research done over the past hundred years or so on the human body and discovering that we each have “multiple brains”. If we define a brain as a collection of a large number of ganglia along with sensory and motor neurons, neural cells with inter-neurons, support cells and components such as glial cells and astrocytes. In addition a brain has certain functional attributes such as perceiving, assimilating and processing information, memory and storage access, ability to mediate complex reflexes via an intrinsic nervous system and a storage warehouse of neurotransmitters. With this definition and capabilities, it turns out that we each have at least 3 brains (You can read more about multiple brains in Oka and Soosalu’s book mBraining: Using Your Multiple Brains to do Cool Stuff). Your 3 brains are located in your head, around your heart and in your gut. By understanding how to connect with each of your brains and in a particular order you can slay your known dragons.
Here’s how I suggest you go about slaying your dragons:
- Relax. The exact method here isn’t as important as that you just do it.
- Step into the logic of the issue to get really clear and specific about what the current situation is and what your desired situation is.
- Tune in with your heart. What is your heart telling you about the situation?
- What is your head/logic telling you about the information from your heart?
- Tune back in with your heart. What adjustments to the thoughts from your head need to be made?
- Tune into your gut. What does your gut say about this information?
- Ideally, at this point your gut has given you an indication of what actions need to be taken and given you the energy to take them. If not, then take the information from your gut and return to step 3.
As you can see from the steps above slaying your dragons is all about getting clear and energized about taking actions because you’ve been able to think about the situation (dragon) in a different way. I think Einstein said it best – “We cannot solve our problems with the same thinking we used when we created them.”
Solving the challenges and problems that come along with divorce requires you to think and act differently than you have been. Once you can see them from a different perspective, it usually becomes fairly clear about how you can slay your dragons. How do I know? Because I’ve done it myself.
Your Functional Divorce Assignment:
- Identify a dragon you’re ready to slay. I recommend starting small. What’s one small thing that’s keeping you stuck?
- Apply the process above. Allow yourself the time to experiment with this process. I think you’ll be amazed at how quickly you’ll be able to get in touch with each of your brains and get moving in the right direction for you.
I’m Dr. Karen Finn, a divorce and personal life coach helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice or schedule a confidential consultation with me.
© 2013 Karen Finn. All rights reserved under all copyright conventions.
Who Can You Trust?
To heal from divorce, you must learn to trust again.
Divorce is the result of a betrayal of a trust. A trust we place in another to love, support and care about us. It’s also a trust we encourage our partner to place in us – to trust us to love them, to support them and to care about them. Trust of this magnitude is amazing when you really think about it. It’s an wondrous thing when two people decide to blend their lives and live together in partnership. And when a trust like that is broken, it can be a terrible, ugly thing which causes many people to not want to trust anyone else for any reason.
“When you trust someone to be who you want them to be instead of who they are, you get hurt.”
Karen Finn
I know it was true in my case, and I suspect it is true in yours also. When I got divorced I realized I had trusted my ex-husband to be someone I wanted him to be instead of who he was. Because he didn’t meet my expectations I got hurt. I got hurt a lot because I had deceived myself for years by expecting him to be who I trusted him to be and not who he was.
“…if you don’t feel like you can trust anybody to talk to anybody, you feel like you’re really alone.”
Fiona Apple
With all my mis-spent trust in my marriage, I wasn’t sure if I could trust anyone as I started on my divorce journey. I was suspicious of just about everyone and as a result, I felt really lonely. And the more lonely I felt, the more depressed and fearful I became.
“You must trust and believe in people or life becomes impossible.”
Anton Chekhov
One of the things I did as I was building my trust in myself again was I reached out and asked for help. When I moved into a new home during the course of my divorce, the previous owner mentioned that the neighbors across the street wanted to meet me when I was ready.
“We’re never so vulnerable than when we trust someone – but paradoxiacally, if we cannot trust, neither can we find love or joy.”
Frank Crane
One day, shortly after I was mostly settled in my new home, I screwed up my courage and walked across the street to meet the neighbors. It was scary walking across the street. But I did it. And you know, the rewards have been immeasurable.
The family who lived there was generous and kind and recognized how scared I was to be facing my new life on my own. They turned out to be my family away from my family. I felt loved and cared for in a way that I hadn’t since I lived at home as a kid. (I’ve lived across the country from my family since I was 18 years old)
“Do not trust all men, but trust men of worth; the former course is silly, the latter a mark of prudence.”
Democritus
Screwing up my courage and walking across the street that spring morning was a real turning point for me in my divorce journey. It was the first time in a long time that I had trusted myself to be able to discern if it was OK for me to trust someone.
That’s exactly what I want for you. I want you to know that it’s OK to trust yourself, that it’s OK to trust yourself to meet new people and that you’ll know if they’re worthy of your trust. And if they are worthy of your trust you just might find another family to support and love you like I did.
Divorce for most of us is scary and learning to trust yourself so you can trust others can take some time, but when you start down that road of trust the rewards of joy and love can be yours again.
Your Functional Divorce Assignment:
Reread the 5 quotes in today’s article. I used the quotes to tell a story of how I learned to trust again as I was going through my divorce. How do these quotes apply to you?
What actions do these quotes inspire you to take? You might need to screw up your courage like I did before you take action. Or, the action you choose to take might come easily to you. Whatever you’re inspired to do to test your ability to trust, trust yourself enough to know when the right time is to do it.
Do it and evaluate the results. The thing about any new experience is that you need to evaluate the results. Check in with yourself after you take action and see how you feel about it. You may be pleased and feel empowered to trust more. You may be displeased and choose to choose differently next time. You might feel something in between these two extremes. The key here is to be truthful with yourself and adjust so you can continue to build your trust in yourself and in others.
I’m Dr. Karen Finn, a divorce coach and advisor helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice. And if you’re interested in taking the first step toward working with me, you can schedule an introductory private coaching session.
© 2013 Karen Finn. All rights reserved under all copyright conventions.
Part 1: How To Decrease Stress When You’re Going Through Divorce
As anyone who’s been through divorce knows, it’s an incredibly stressful time. If the only stresses you had to worry about were due to divorce that would be one thing, but the real problem is that the rest of your life doesn’t stop just because you’re getting divorced. All of your usual day-to-day stressors (work, traffic, kids’ schedules, other family demands, and the news) somehow become even larger when you’re dealing with the big D.
In this first of three articles on minimizing stress when you’re dealing with divorce, we’ll be focusing on renewing your energy.
When’s the last time you thought about where your energy comes from? It wouldn’t surprise me if you’d never thought of it before. After all, it’s something that most of us take for granted. We assume we’ll have the energy to get through our day each and every day. We just accept that some days it’s easier to get through the day than others.
The thing is, when you’re going through divorce on top of everything else it can be more difficult than usual to get through your day. When I started consistently having trouble having enough energy to get through my day while I was going through my divorce 10 years ago, I got interested in how I could boost my energy and that led me to wondering where my energy came from.
What I learned was that our energy comes from our psychology and our physiology. Yup, it comes from a combination of how you think and how your body responds (which ultimately means how you treat your body). It’s just as simple and as hard as that.
Luckily, the concept is pretty easy to understand. The more positive and calm your thoughts and the more healthy your body is the better you’ll be able to deal with stress. Unfortunately, the concept can be pretty difficult to implement if you’ve not paid much attention to your thoughts or your general health prior to divorce becoming a reality in your life. To help you out, I’ve got five quick tips that can give you a head start to renewing your energy even in the midst of divorce.
1. Start your day with a positive thought. Lots of people get out of bed dreading the day, but if you can start your day with a positive thought it will go a long way toward lessening the stress you have all day long.
Ten years ago, I was one of those people. I felt like I was on a treadmill of needing to meet one responsibility after another with a few catastrophes thrown in for variety. Learning to wake up with a positive thought (or two) really made a difference for me. It helped me get past the plague of depressive thoughts about being divorced and on to better things.
2. Schedule at least one break for yourself every day where you have ZERO responsibilities and ZERO interruptions. The break can even be as short as 5 minutes. The important thing is that you take it.
Ten years ago, I didn’t know what it was to have a real break. I spent almost every waking moment either working or worrying – neither of which was very helpful to renewing my energy. Learning to take a real break was hard for me, but by constantly trying out different things I realized that by allowing myself to have a time and space where I had zero responsibilities or interruptions that I felt tons better. I had more energy to go back to working (and worrying).
3. End your day with gratitude. Allowing yourself to appreciate the good that happened during the day goes a long way toward allowing you to have restorative sleep at night.
When I was going through my divorce, I used to have terrible nightmares. I’d dream about the worst case scenarios of all the things I had gone to sleep worrying about. As a result of the nightmares, I got very little sleep which just made life that much harder the next day. When I learned to change my thoughts at night from the worry to something more positive, the frequency of my nightmares decreased dramatically and I slept better. Of course when I got better sleep, I felt more energetic the next day.
4. Eat well and regularly. I’m sure you’ve heard the phrase “you are what you eat” before. There’s definitely some truth to that phrase, but when you’re going through divorce it’s even more powerfully truthful. Most people change the way they eat when they’re feeling stressed. They’ll over eat or eat “junk food” to soothe themselves or they’ll “forget” to eat in an attempt to gain some control. Either path leads to decreased energy. They’re either fueling their bodies with junk or not fueling their bodies at all.
I went the control route when I was dealing with the big D. I severely curtailed my eating and tried to live on next to nothing. I became anorexic and let me tell you that starving yourself is not the way to increase your energy! I felt exhausted and anxious most of the time. Luckily, I had a trainer who literally got in my face about being anorexic and got me to start eating healthfully again. It made a HUGE difference in my energy level and my mood. I actually started to feel happy again.
5. Get some exercise daily. When you’re going through divorce, it’s really easy to believe you don’t have time for exercise because there are just so many other things needing your attention. Exercise doesn’t have to mean a trip to the gym or the yoga studio, it can be as simple as taking a walk around the block, playing Frisbee with your kids and dog or even doing 5 jumping jacks. Exercise is anything that gets your body moving in a way you don’t usually do. The wonderful thing is that the novelty of the movement will energize you.
I was a glutton for punishment 10 years ago. I took everything to the extreme and would work out daily. What I learned from that was exercise doesn’t have to be work. It can be fun. The point of getting some exercise daily is just to move your body and change your thoughts. The wonderful thing I discovered about changing my thoughts was that I felt better and more energetic!
These 5 tips for renewing your energy are simple. Hopefully, they’re simple enough that you’re ready to try one or more of them out for yourself. I know you’ll start to notice improved energy levels and less stress once you implement at least one of these tips daily regardless of where you are in your divorce process.
Your Functional Divorce Assignment:
Eating well and regularly is a challenge my clients always face, so Your Functional Divorce Assignment will focus on this tip.
Take the following quiz to get an idea of how you might eat well and regularly.
Select one answer for each question.
1. On average, every day I have ________ servings of caffeine (energy drinks, coffee, sodas, tea).
A. More than 5
B. 2 – 5
C. Less than 2
2. I eat some protein with every meal or snack.
A. Rarely
B. Sometimes
C. Usually
3. I eat _____ meals each day.
A. 0
B. 1
C. 2-3
4. I drink _______ glasses of water each day.
A. 0-2
B. 3-7
C. 8 or more
Ideally, C is the better answer for each of the questions. If you’ve answered A for any of these questions you might want to consider changing things so that you can answer B instead and I’ll bet that you just might feel a bit more energetic when you do.
And here are links to part 2 and part 3.
I’m Dr. Karen Finn, a divorce coach and advisor helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice. If you’re interested in taking the first step toward working with me, you can schedule an introductory private coaching session.
If you’re looking for more help on how to navigate the challenges of your life now, read more articles about Life After Divorce.
Divorce and the Art of Motorcycle Maintenance
As I’ve mentioned before, I do a lot of reading and I’ll often be reading several books at the same time. I’ll pick up whichever one fits my mood when I have a few moments to read.
One of the books I’ve got open these days is The Seven Wonders That Will Change Your Life by Glenn Beck and Keith Ablow, M.D. I found one particular passage interesting because it reminded me about perspective and how my life has changed since I got divorced. The passage is actually a quote from Robert Pirsig’s book Zen and the Art of Motorcycle Maintenance which I read about a year after my divorce was final. Here’s the passage:
The trap consists of a hollowed-out coconut chained to a stake. The coconut has some rice inside which can be grabbed through a small hole. The hole is big enough so that the monkey’s hand can go in, but too small for his fist with rice in it to come out. The monkey reaches in and is suddenly trapped – by nothing more than his own value rigidity. He can’t revalue the rice. He cannot see that freedom without rice is more valuable than capture with it. The villagers are coming to get him and take him away. They’re coming closer…closer!…now!…
There is a fact this monkey should know: if he opens his hand he’s free. But how is he going to discover this fact? Be removing the value rigidity that rates rice above freedom. How is he going to do that? Well, he should somehow try to slow down deliberately and go over ground that he has been over before and see if things he thought were important really were important and, well, stop yanking and just stare at the coconut for a while. Before long he should get a nibble from a little fact wondering if he is interested in it. He should try to understand this fact not so much in terms of his big problem as for its own sake. That problem may not be as big as he thinks it is. That fact may not be as small as he thinks it is either.
When I got divorced, I felt like that trapped monkey – terrified and held captive by my fears about what I thought was important at the time. What I thought was important back then was that my life after divorce needed to work pretty much exactly the same as it had before my divorce – except that I now had an ex-husband. This was the fact whose nibbling I ignored. I ignored the reality that one person cannot be as productive as two people working together. I ignored that it would take me longer to do all of the household chores on my own instead of sharing them with someone else. I ignored the fact that caring for 3 attention-loving pets on my own would be more of a challenge than it was when I was married. I ignored these realities and expected that I could do it all with at least as high a quality as had been done pre-separation and divorce.
I kept ignoring all of these facts about my home life and kept expecting that I could and should do it all as had been done before. I also kept expecting the same high-level of performance from myself at work, at the gym and at play. I expected so much of myself that I virtually eliminated any time for myself – any down time to just relax. I had built a very elaborate trap for myself – one that kept me frazzled and eventually led to burnout.
Today, more than 10 years later, I’m amazed by what an elaborate trap I had created for myself.
The thing is, I’m not the only person who got divorced and created a trap. I regularly meet and work with divorced people who create their own elaborate captivities.
Back then, just like the people I meet and work with today, I simply wasn’t capable of identifying my captivity when I got divorced. I thought it was just how my life was and that somehow I was defective because I couldn’t keep up with everything I thought I had to keep up with. Today I know that wasn’t the case. Today, I know that back then I wanted my rice (all my expectations of myself) and didn’t realize I was selling my freedom to have it.
Like most people dealing with divorce, I’ll bet that you are holding yourself captive unnecessarily too. Check out Your Functional Divorce Assignment to help you identify and loosen the bonds of your trap.
Your Functional Divorce Assignment:
What trap are you in? There are all kinds of traps people create for themselves when they get divorced. Maybe your trap is similar to mine in that you expect your life to be pretty much the same. Maybe your trap is a belief that you’re too old to ever find another significant other. Maybe your trap is a belief that you have no employable skills and no way of getting any. Or maybe your trap is something else all together. It could be big or small, the size doesn’t matter. What does matter is identifying how you are feeling captive.
What are the reasons you believe your trap exists? Come up with every single reason your trap is real no matter how small or how big. You might want to write them down so you can get them out of your head and make sure you’ve got them all covered. Besides, having them all listed in one place will help you with the next step.
For each of the reasons, ask yourself “Is this reason 100% true?” and “What makes this reason true?” I wish I had known how to ask myself these questions when I was recovering from my divorce. What often happens when I compassionately ask my clients both questions is that they’ll start to get a nibble of a fact they had been ignoring. That nibble will often lead to a new idea or a new perspective that allows their trap to be loosened – at least a little bit – which will often entirely change their trap if not eliminate it completely.
I’m Dr. Karen Finn, a divorce and personal life coach helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice or schedule a private consultation with me.
If you’re looking for more help recovering from your divorce, read more articles about Healing After Divorce.
How To Calm Your FEARs
When I got divorced, FEAR was my constant companion. I was afraid of almost everything and I spent a lot of time imagining catastrophes that could happen to me. Some of the catastrophes I vividly pictured were being trapped in my home by a tornado (that was the happy version – the worst version was just being obliterated by a tornado), being poisoned by the food I had bought at the grocery store, being killed in a car accident, and even losing my job which would cause me to never work again and having to live on the street where I would die a painful death.
Luckily, none of my catastrophes have come to pass, but I wasted a HUGE amount of energy and time living with the fear of them. And yet, being afraid is a common part of going through divorce. There are so many changes happening all at once that can seem to threaten survival if your FEARs take hold of you like mine did.
Could I have worked my way through my divorce without wasting so much energy and time on being afraid? YES! But I didn’t know how then. I know how now and that’s what I want to share with you – exactly how to calm your FEARs.
You can look at the word fear as an acronym – FEAR – which stands for False Expectations Appearing Real. Each one of the catastrophic fears that I had were actually FEARs. They were just expectations that I made come terrifyingly alive for me even though they were not real events.
The first thing to remember about FEARs are that they are based on a loss of trust. When you have False Expectations Appearing Real you’ve lost trust in something.
When I was afraid of being obliterated by a tornado, I had lost my trust in being able to take the necessary precautions in a tornado warning. When I was afraid of being poisoned by the food I bought at the grocery store, I had lost my trust in the food production, safety and distribution organizations. When I was afraid of being killed in a car accident, I had lost my trust in my ability to drive defensively and my trust in the fact that most other drivers are going to follow the rules of the road. When I was afraid of losing my job, I had lost trust in my ability to perform at work even though I was still doing so. When I was afraid that I would never work again, I had lost my trust in myself. When I was afraid of living on the street, not only had I lost trust in myself, but I had lost trust in my friends and family too.
Now, losing trust is a normal part of going through divorce. It makes sense to have a questioning about trust with respect to relationships when you’re going through divorce. However, generalizing the loss of trust about relationships to other things is where FEARs start. So as easy as it can be to question your trust of other things in your life when you go through divorce, actually losing trust can lead to creating catastrophes where there are none. And this is exactly what I did when I went through my divorce.
The second thing to remember is that what you’re FEARing is probably not happening now. In fact, that’s the best way to start calming a FEAR. Just ask yourself if what you’re FEARing is true right now. Is it happening right now? Usually, it isn’t. Usually, your mind is just going down the path of creating a wildly vivid movie of your FEAR. But, the moment you’re able to push the pause button on the movie you’ve been creating by acknowledging that it’s not happening right now, you’ve just started calming your FEAR. Your FEARs will calm because you’ve changed your focus, if only for a moment, to the fact that it’s not happening right now.
The third thing is to help your thoughts change the channel from the FEAR movie as soon as you pause it. There are millions of other thoughts you can have instead of becoming engrossed in the movies of your FEARs. The easiest way to change the channel is to become engrossed in something else. For some people exercising works great. But if it’s the middle of the night when your FEAR movie-fest starts, it’s not too practical to start exercising. What I think works even better at any time of the day or night is to write down what your FEAR is and then write down as many things as you can think of to prevent that FEAR from becoming real. Another thing that can help any time of the day or night is to ask yourself what is happening now. What are the sounds you’re hearing, the things you can see, what are you touching, etc. Just by bringing yourself as fully into the reality of your surroundings as possible can help to quell the FEARs and change that channel.
Fears are a normal part of healing from divorce. The thing is that sometimes they can get out of hand and become FEARs (False Expectations Appearing Real). By having a plan in place that can help you change the channel when your FEARs start playing in your mind, you’ll be able to calm them quickly.
Your Functional Divorce Assignment:
What are you FEARing? People FEAR all kinds of things when they get divorced. Maybe you FEAR being alone for the rest of your life. Maybe you FEAR not being able to find a job when you return to the workforce. Maybe, you’re like me and you FEAR eating the food you bought at the grocery store. Whatever it is that you FEAR, acknowledge it. By acknowledging your FEARs, you’ll have more control over them instead of being ruled by them.
Now that you know what they are, prepare for you FEARs to show up. Understanding that your FEARs might show up again even after you’ve identified them will put you well on your way to calming them. They’ll become a movie you’ve seen a hundred times where you can recite every line of the dialog by heart. You’ll just need to remember to ask yourself, “Is what I FEAR happening now?” as soon as the FEAR movie starts to play again so you can pause it for just a moment.
When the movie is paused, pick one of the three options to change the channel. If your FEAR movie starts playing at a time when you can exercise, you might want to do that. If your FEAR movie starts to play at a time when it’s not possible to exercise, you can either write down your FEAR and as many things as you can think of to prevent it from coming true or you can start becoming firmly engrossed in your surroundings.
Whatever you choose to do to change the channel when your FEAR movie starts will be a HUGE boon to you calming your FEARs and being able to move on with your life after divorce.
I’m Dr. Karen Finn, a divorce coach and advisor helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice. And if you’re interested in taking the first step toward working with me, you can schedule an introductory private coaching session.
© 2013 Karen Finn. All rights reserved under all copyright conventions.
Divorce Is Tough. The Mortgage Doesn’t Have To Be.
By Mark Watson, Loan Officer, Guardian Mortgage Company, Inc.
www.guardianmortgageonline.com
This is a terrific article. It’s jam-packed with information that I am so happy to be able to share! I’ve added just a few comments in square brackets [].
If you are going through a divorce, you are probably exhausted by all the details and decisions that have to be made as the two of you separate. Even in the most amicable situations it can be very emotional. [Remember there are the 5 facets of divorce – social, emotional, legal, financial and functional – that all overlap. So it makes sense that in the midst of making the decisions required to divorce that you would experience a lot of emotions.]
There is usually a lot of discussion about the house as it usually represents the family’s largest asset. [Dealing with an asset would be an example of the financial facet of divorce. When dealing with the financial facet of divorce it’s best to remain primarily in a business mindset instead of an emotional one because you’ll be better able to make decisions you can live with for the long haul.]
While divorce is a tough process, resolving the mortgage doesn’t have to be. According to Mark Watson, Vice President of Guardian Mortgage Company in Plano, Texas, there are three things homeowners can do to make it easier on themselves:
- Make realistic decisions.
- Understand your loan options.
- Seek help.
Make Realistic Decisions.
In many divorces, the home is refinanced in the name of one of the spouses and any profit or losses are negotiated between the couple. Sometimes the home is sold, and sometimes there is a long-term agreement in place about the home. Occasionally, a house with no mortgage is given to one spouse as part of the divorce settlement.
“It makes no difference to the mortgage company whether or not the name changes on the mortgage,” notes Watson. “However, the spouse no longer living in the home usually does not want to be responsible for it. Plus, they may want some cash out of it.”
If your house is paid off, a quit claim deed can be an easy solution to home ownership in a divorce settlement and make your life after divorce easier.
If there is no mortgage on the home, and one spouse plans to keep it as part of the settlement, the process is simple. “The attorney prepares a quit-claim deed and records it as part of the divorce,” says Watson. “The home belongs to just one spouse from that point forward.”
Most homes have a mortgage, though. There are a number of questions that must be answered in order to pick the right process for your situation, but the most important is “which spouse can afford to keep the home after the divorce?” It is often the most difficult as there is often a lot of emotional attachment towards the house that may not have anything to do with the financial realities of the situation. [The best way to answer these questions is from a business-minded perspective. The “businesses” to be considered are the financial business of each spouse post-divorce as well as the business of raising happy, healthy children. In other words, you need to keep in mind what your life after divorce will really be like if you choose to keep the house.]
The spouse with primary custody of the children will often want to keep the home to provide a stable environment and to stay near school and friends.
“I often see couples where the wife isn’t working and hasn’t worked in years,” says Bruce Rayburn of The Rayburn Group of Ebby Halliday Realtors based in Plano, Texas. “This makes it very hard to qualify for a refinance. Even if both spouses were working at the time of the divorce, it doesn’t mean either spouse can afford the mortgage with only one salary.”
“Even getting child support is often not enough,” Rayburn adds.
Besides the amount of income required to qualify for a refinance, the source of the income makes a difference. “For conforming loans ($417,000 or less in most areas of Texas), alimony and child support cannot count towards qualifying income until there have been at least three months of steady payments. In addition, the paying spouse must be required by law to pay for at least three years after the closing date of the sale,” notes Watson.
“For FHA Loans, the requirement is six months of payment. Furthermore, if the amount of alimony or child support is greater than 30% of the borrower’s income, then a full year’s worth of reliable payments is required.”
[Regardless of where you live you need to know a lot about what the legalities and implications of keeping the house are as you make decisions that will impact your post-divorce lifestyle and residence.]
Understand Your Loan Options.
Many couples believe that they have to sell or refinance the home in order to finalize the divorce, which is not always the case. Sometimes sale or refinance of the home is delayed for months to years.
According to attorney Penny Phillips of Plano, Texas, many families with children want to keep the family home for them until they are older and/or in college. “In this case, one spouse will sometimes agree to wait to get the equity out of the house until after the children have left,” says Phillips.
In Texas, a lien can be placed on the house – called an Owelty Lien Agreement – such that one spouse will own the house, but the other will still retain rights to equity that was present in the house at the time of the divorce. This gives the first spouse the right to make improvements and to own the home, but the second spouse will get his or her share of the equity later when the kids are grown or the market improves or whatever reason the couple has chosen to wait.
“It is a win-win because the owner-spouse gets the benefit of all improvements and equity growth in the meantime, but the other spouse still gets the benefit of all the years of contributing to the equity when they were married,” adds Phillips.
“Since the home is not sold or refinanced, there is no need for the remaining spouse to get qualified for a new mortgage until the cash-out time. They just need to keep making timely payments. This is a good solution for situations where the divorce is fairly amicable and the spouses can work together for this common goal. I always advise that they tell the mortgage company about the divorce, however, as both partners need to continue to get notices about the loan,” says Phillips.
[Keep in mind that just because a divorce starts out amicably doesn’t mean it will stay that way. So making sure that both spouses continue to get notices about the loan is a smart decision. After all, keeping life after divorce amicable between exes requires regular, respectful communication, but tempers can still flare despite the best efforts.]
“We generally see Owelty Liens when a couple is in the process of refinancing the home,” notes Watson. “You don’t need to wait a specific amount of time to use it, and it has the added benefit of letting you do a “special purpose” refinance and go up to 95% of the appraised value of the home. This provides more equity at the end of the process.
“Current “cash-out” guidelines for refinancing in Texas allow for financing up to 80% of the loan value. A special purpose refinance allows you to get an extra 15% out of the home, which is then shared between the couple as per the terms of their divorce. I always talk to my clients about Owelty Liens because it can make a big difference if one partner is trying to buy another home, for example. Also, if the other partner finds out after the fact that they could have gotten more cash out of the refinance and didn’t, it can cause more unhappiness all around.”
Seek Help.
Dividing up the marriage assets is emotional and financially risky if you are not sure what you are doing. Early in the divorce, both spouses should consult their mortgage provider, realtor and CPA as well as an attorney in order to review their options and the financial and tax consequences of certain decisions. These objective outsiders will help you navigate your particular situation and direct you to other resources. In addition, they can act as a go-between if the divorce is contentious.
[One other divorce professional you may want to contact when dealing with the financial questions of divorce is a Certified Divorce Financial Analyst. These professionals are trained in how to help couples develop different scenarios for an equitable division of their assets and debts so they’ll each have a better picture of what their financial life after divorce will be like.]
“It is a false economy to do a divorce yourself. I’ve seen couples ruin their credit by doing it wrong. In one case, so many mistakes were made; one partner almost went to jail. It’s not worth it,” said Phillips. “Plus the experts can tell you about Owelty Liens and other ways to get the best out of a bad situation.”
“Lack of communication makes the divorce harder,” says Rayburn. “I often will work with both spouses in a divorce to help sell the old home, refinance and/or find a new, less expensive home if that is their post-divorce reality. I’ve even helped people through multiple relationships over the years because I was able to facilitate communications between the parties.”
“I often give my clients a list of good appraisers to call on,” says Watson. “Even if they don’t plan to sell or refinance right away, they need an appraisal in order to fairly determine the value of the home for the divorce settlement. I can then take that appraisal and show them how much equity is in the house so they can have more meaningful discussions.”
As with most issues related to divorce, there is no single best way to handle your mortgage. Divorcing couples must take a long look at their finances, and make realistic decisions based on a thorough understanding of their options.
Have more questions about how to handle your mortgage through divorce? Contact an experienced loan officer like Mark Watson at Guardian Mortgage Company today about your specific situation. Guardian Mortgage Company has been serving North Texas since 1965. Mark Watson (214) 473-7954.
Your Life After Divorce Assignment:
If you’re at the point of trying to decide what to do with the marital home, focus on the business decision you need to make. Despite how much you are attached to your home, the fact is it’s just a thing, a place. Spending your energy deciding how to best deal with this marital asset instead of what it represents will help you come to the best decision for you – the decision that you’ll be most comfortable with financially and emotionally in the long haul.
If it’s difficult for you to separate the business aspect of this decision from the emotional one, give me a call at 817-993-0561 so we can schedule a Complimentary Consultation and together we’ll figure out a way for you to have an easier time making the decisions you need to make as part of your divorce and make your life after divorce as good as it can be.
You don’t have to go through this alone. I’m Dr. Karen Finn, a divorce coach and advisor. I understand what you’re going through because I’ve been through it too. I’ve been helping people just like you who are dealing with all the stress and pain of divorce since 2007. You can join my anonymous newsletter list for free weekly advice or email me directly for a free consultation at Karen@functionaldivorce.com.
Are you looking for more tips about setting yourself up for your best possible post-divorce life? You can find more great information at Life After Divorce.
Just finished a great book – Raising the Kid You Love with the Ex You Hate
Edward Farber, PhD is releasing his new book Raising the Kid You Love with the Ex You Hate next week. I was lucky enough to receive an Advance Reviewer’s Copy and I do mean lucky.
Ed’s book is full of fabulous advice about how to make the business of co-parenting work after the business of marriage has failed. The basis of his advice about successful co-parenting hinges on these three principles:
- Your child needs both parents
- Reduce parental conflict after the separation
- Both parents make decisions
Parents who can agree to abide by these three principles will have a headstart in helping their children be happy, healthy adults. To be implemented well, each parent needs to be consistently focused on them and communicate regularly with their ex to make sure they’re on the same page. Continuing to interact with your ex after divorce may not be something you look forward to, but, as Dr Farber points out, it’s necessary to being able to raise the kid you love.
I really appreciated reading this no non-sense approach to making co-parenting work along with the real-life stories from Ed’s practice, but probably the best part of this book is the fact that he shares ideas for non-ideal co-parenting situations. He offers suggestions for dealing with an ex who is more interested in revenge than in successfully co-parenting, for how the co-parenting arrangement will naturally need to change as your kid grows older, for dealing with an ex who has emotional, psychological or addictive disorders, and even for dealing with kids who may be embellishing the truth to get into your good graces.
This book is an ideal resource for parents who are divorced or divorcing and committed to continuing to be great parents.
You can check out the book at Raising the Kid You Love with the Ex You Hate.
I’m Dr. Karen Finn, a divorce coach and advisor helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice. If you’re interested in taking the first step toward working with me, you can schedule an introductory private coaching session.
If you’re looking for more help on how to navigate the challenges of your life now, read more articles on Life After Divorce.
The Rust Of Life And Divorce
Last week, one of my dear friends sent me a message. He sends messages just about every day to his friends to inspire and comfort. Jon’s one of those guys with a really big heart who knows how to make sure his friends really feel how much he cares for them.
This one message he sent to me last week really got me to thinking. It read, “…doubt is the rust of life. Doubt holds you landlocked in paralysis unable to move either way. The time you spent doubting is the time you are not alive. So, rid yourself of the doubt, take that step one way or another, your heart knows what is best, but take it right now.”
What an incredible message! It was like Jon had looked right at me and told me exactly what I needed to hear and what I knew I needed to share with you.
Doubt is one of the major immobilizing emotions of divorce. Uncertainty comes in all kinds of different shapes and sizes during divorce. There’s doubt about whether or not the decision to divorce is the right one, there’s doubt about how to best help the kids understand the divorce, there’s doubt about what life will be like during and after the legal proceedings and fees along with all kinds of other self-doubts.
The doubts that come with divorce are usually an indication of fear and a need to reconcile your previous way of life or doing things with the way things are or even could be in the future. It’s normal to have doubts and fears when your life changes dramatically. However, they can also become debilitating and that’s definitely something to avoid.
Instead, doubts are best used as a way to become aware that there’s something deeper to be explored and brought out to the light. One of the quickest ways I know to allow yourself to bring that something deeper up to the surface is through a thoughtful relaxation exercise. I’ll share the exercise with you in Your Functional Divorce Assignment.
Your Functional Divorce Assignment:
Sit in a comfortable chair with your feet flat on the ground. Take a deep breath in. As you exhale, start to imagine all the stress and strain from your body draining out. Draining from the top of your head, down through you neck, your torso, your legs and out through the bottom of your feet deep, deep into the ground.
Continue breathing deeply. Every time you exhale imagine more of the stress and strain in your body draining out through the bottoms of your feet deep, deep into the ground.
Enjoy the sensation of your body beginning to relax. Your neck and shoulders are loosening up. You’re sitting deeper into the chair and your entire body is relaxed as the stress and strain continue to drain out of your body.
When you’re feeling calm and relaxed, gently ask yourself about your doubt and what decision you need to make. As you remain relaxed, an answer to your question will emerge. It may or may not be the answer you were expecting, but you will have an answer that you can move forward with to dispel your doubt.
I know doing this technique on your own can be a bit challenging. So, if you’re serious about wanting to dispel your doubt and would like some help, let me know. You can reach me by email at karen@drkarenfinn.com and by phone at 817-993-0561.
I’m Dr. Karen Finn, a divorce and personal life coach helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice or schedule a private consultation with me.
21 Tips For Surviving The Holidays
The holiday season is typically a time for celebration with friends and family. Yet, when you’re divorcing, the holiday season can feel anything but merry. To help you enjoy this holiday season instead of dreading it, here are 21 tips you can use today.
1. Be patient
Even in the best of times, the holidays are usually a bit hectic. However, when you’re celebrating the holidays for the first time on your own, they can feel more than hectic. They can feel overwhelming! You’ve got so much going on emotionally with the divorce that the added tasks, events and scheduling of the holidays can all be just a bit too much. Be patient with yourself and your kids as you navigate the holidays. This is new and different for everyone and a little patience will go a long way toward making your first holidays post-separation/divorce enjoyable.
2. Be flexible
The holidays are about celebrating with family and friends and don’t HAVE to occur on only one specific day. I find that people with children who are celebrating the holidays for the first time as a single parent often get tied up in the idea that holidays can only happen on the official day marked on the calendar. For example, it’s not unusual for them to think that Thanksgiving Day can ONLY happen on the fourth Thursday of November. However, with a bit of advanced planning (See hint 16.), you may decide that Thanksgiving will actually happen the Saturday before the fourth Thursday of November so you can celebrate it with your kids. Having Thanksgiving early even has the added benefit of allowing you to avoid the crowd buying their last-minute turkey and fixings on the Saturday before the fourth Thursday of November.
3. Focus on others
Another way to enjoy the holiday season is to focus on those less fortunate than you. Consider volunteering at a soup kitchen or at a center that provides holiday “shopping” for needy families. I can guarantee that when you focus on providing joy for those less fortunate than you, an amazing thing happens; you forget about your troubles and appreciate what you do have even more.
4. It’s not about the stuff!
Gift giving is often a big part of the holiday season and with separation and divorce, the funds available for gift giving are usually less. However, gifts don’t need to be purchased to be appreciated. Sometimes the gift of time and attention means more than any store-bought gift ever could.
5. Let happiness happen
For a lot of people going through divorce, it can seem strange to experience any emotion other than some form of upset. Divorce is an upsetting event that can be almost all consuming. However, if you start to feel happy as a result of the holiday events, ENJOY the feeling! You deserve to be happy.
6. Reach out to family and friends
Almost everyone I know wishes someone could read their mind and offer help when it’s needed. On the other hand, I don’t know anyone who can read minds with any real reliability. The message here is if you need a little extra help to get your holidays merrier, be sure and ask for it. Don’t wait for someone to guess what you need.
7. Make new family traditions
With divorce so many things change. Some of these changes are not so comfortable, but some of these changes are good and might even be fun. What new family tradition can you introduce this holiday season to keep things fun?
8. Nix the guilt
So many divorced parents feel guilty about how the kids’ holidays will be different. The thing is different doesn’t mean bad or wrong. Different is just different. If you nix the guilt and embrace the new way your holidays will be, then your kids will enjoy the holidays too.
9. Work with your ex in a cooperative manner for kids sake
One of the things I always tell my clients is that their divorce is between them and their former spouse. The holidays can be a wonderful experience for the kids provided that’s the shared goal you and your former spouse have for them.
10. Continue your traditions, but simplify them
You may have holiday traditions that are important to you, but they just are not possible now that you’re divorced. What can you do to tweak these traditions so that you can still have them?
For example, maybe you had a holiday tradition of going skiing. If that kind of a trip isn’t possible this year, you may choose to do something else that captures the essence of the traditional ski trip. You may decide to play ski jumping on the Wii, have a marshmallow fight instead of a snowball fight and drink hot chocolate afterwards. Let your creativity flow and I know you’ll be able to create a modified tradition this year that you’ll still enjoy.
11. Don’t spend the holidays alone
It can be tempting to crawl into a cave and hibernate during our first holidays alone – especially if your ex has the kids. However, I urge you to resist the temptation. There’s no reason to punish yourself, for that’s what hiding in a cave during the holidays is. I’m not saying that you don’t need time alone. You absolutely do. I’m just suggesting that instead of spending all of the holiday season alone, make an effort to go out and spend some time with others. I promise that you’ll get a different perspective of your first holidays alone if you open yourself up to even a little fun celebrating the holidays with others.
12. Take care of your health
The funny thing about the holiday season is that it coincides with the cold and flu season. This, along with the stress that usually accompanies divorce, makes you a bit more susceptible to catching a bug. So, take good care of yourself by getting plenty of rest, exercise and good nutrition.
13. Give yourself a gift
This being the first holiday season post separation/divorce, you probably won’t be receiving a gift from your ex. The thing is, you probably won’t be buying them a gift either. Since your gift giving list has decreased by at least one, why not add yourself to your list? Go ahead and buy yourself something that you’ll truly enjoy this holiday season. (You may also want to make sure it’s not something that you’ll regret purchasing in the New Year when the payments for it start.)
14. Count your blessings
It’s easy to get caught up in what’s different this holiday season – in the negative sense. Flip that upside down and count what’s different AND positive this holiday season.
15. Lean on your faith
Whatever your beliefs are, you just might be able to find solace in your faith when you’re not feeling the “Ho Ho Ho!” in the holidays.
16. Plan ahead
The most important thing to have when you want something to happen at a certain time is a plan. Wanting to have happy holidays requires a plan too. Plan ahead to make it more likely you’ll have a happy holiday season.
17. Cultivate gratitude
Developing an attitude of gratitude does wonders for the way you view the world. This was one of the most important skills I developed when I got divorced. It helped me to be more positive and proactive about changing the things that needed to be changed not just at the holidays, but year-round.
What are you thankful for this holiday season?
18. What do you love most about holiday season?
People like the cooler weather, giving and receiving gifts, decorations. Whatever it is that you love most about the holiday season, figure out a way to get more of it. Once you do that, you’ll definitely have happier holidays.
19. What activities put you in a holiday mood?
When I ask clients this question I hear answers like shopping, parties, decorating, watching football, Christmas lights, and caroling. The next question I ask them is “How can you do more of these and get even more enjoyment out of the holiday season?” What are you answers to these two questions?
20. Be realistic
Your life is in the midst of a major change. For most people, separation and divorce brings increased responsibilities along with decreased financial means and free-time. Be sure and factor these facts in this holiday season. If you do, I’ll bet you’ll find it easier to be realistic with the expectations you have of yourself, your family and the holidays this year.
21. One holiday at a time
The holiday season can easily be a blur of activities that pretty much start as soon as the jack-o-lantern is off the front porch on the morning of November 1st. Prevent the blur by focusing on just one holiday at a time. Avoid multi-tasking and the potential for overwhelm by taking the holidays just as they come, one… at… a… time.
Your Functional Divorce Assignment:
Choose one of the tips to implement immediately. Sometimes seeing a long list of tips can cause us to start to gloss over them. I know these tips work, so take a moment now and choose one of them that you can implement right now and then do it!
Choose a tip that addresses your biggest concern about the holidays and put it to use. It’s pretty normal for the tip that can be most helpful to not necessarily be the easiest to implement. If that’s the case for you, take a moment now and select the tip that would address your biggest concern. And, when you’re ready, take a deep breath and figure out how you can implement that tip to help you enjoy your holidays just a bit more.
Come back to the tips frequently throughout the holiday season. Just because you’ve tried a tip out once doesn’t mean that you’re done with it. Keep these tips handy and visit them throughout the holidays anytime you could use a little bit of help. And, of course, if you’d like to schedule a Complimentary Consultation with me to discuss your particular situation, just send me an email or give me a call.
I’m Dr. Karen Finn, a divorce coach and advisor helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice. If you’re interested in taking the first step toward working with me, you can schedule an introductory private coaching session.
© 2012 Karen Finn. All rights reserved under all copyright conventions.