Summer Essentials: 5 Smart Strategies to Save Money in Your Divorce with Leading Divorce Financial Professional, Heather Locus on Divorce & Beyond #427

Susan Guthrie turns to a subject that keeps more people up at night than almost any other one in divorce: money. Specifically, how to protect it, and how to stop spending it in the wrong places. Heather Locus is a CPA, certified financial planner, and certified divorce financial analyst with a rare gift for taking the most complicated financial pieces of divorce and making them feel manageable. In this episode, Heather shares her top strategies for saving money in your divorce, from the common mistakes that quietly drain your settlement to the smart moves that keep more of your hard-earned dollars where they belong, with you. Together, Susan and Heather walk through her five ways to save money in a divorce, from getting organized early and assembling the right support team, to keeping business and emotion separate, to using her Settle Smart projections to see the road ahead. As Heather points out, these are critical points whether you have millions in the bank or are living paycheck to paycheck. What You'll Learn Why something as simple as setting up a separate email for divorce communications can save real time, money, and stress What discernment counseling is, and how pausing to consider it can save money in your divorce negotiations, even if you still end up divorcing Why having laser focused priorities, for yourself and for your spouse, is the key to smart negotiating How to assemble the right support team, and when mediation, collaborative divorce, or traditional litigation is the better fit Why remembering "it's business" helps you make financial decisions instead of emotional ones What Settle Smart is, and how modeling your financial future helps you know what to accept, and what's worth continuing to negotiate for Episode 3 of 8 in the Divorce & Beyond Summer Essentials Series. This summer, Divorce & Beyond brings back 8 the episodes listeners reach for most, the conversations with the clearest, most practical guidance for anyone thinking about, going through, or rebuilding after divorce. New Essentials air every other Monday all summer. Follow the show so you never miss one.  About this week's special guest: Heather Locus Heather founded the National Divorce Practice Group at BDF Private Wealth to help divorcing individuals consciously navigate their divorce’s emotional and business aspects. From hiring the right fit attorney through their SettleSmart™ analysis, then implementing the divorce decree and auditing it annually, Heather ensures you have the resources you need to start your next chapter on a firm footing. Heather founded our Women’s Service Team in 2006 to help female executives and business owners, widows, and women transitioning through divorce. After going through her own divorce in 2011, she realized how much more we could do to support divorcing women and men with a practice dedicated to serving their unique needs. Heather is driven by deep empathy to help divorcing individuals have clarity and confidence in finalizing their divorce. A Forbes “America’s Top Women Advisor,” Heather is a nine-time “Five Star Wealth Manager” according to Chicago magazine, was named an “Influential Women in Business” by The Business Ledger, a “Top 200 Wealth Advisor Mom” by Working Mother, and an InvestmentNews “Woman to Watch.” Heather is an author of two books on divorce and has contributed to leading publications, including The Wall Street Journal, Crain’s Chicago Business, Family Lawyer Magazine, and Divorce Magazine on multiple topics. She is a CPA, CFP® practitioner, and a Certified Divorce Financial Analyst (CDFA®) professional and has completed intensive executive coaching and divorce mediation training. Heather loves learning from her teenage son and daughter and working with organizations she is passionate about, including After School Matters, The Lilac Tree, Between Friends, and Make-A-Wish Foundation. For more information on Heath