Divorces are complicated. They bring on a mix of emotions, from sadness to a sense of freedom. Downsizing after a divorce can help you heal both emotionally and financially. Since divorces always imply changes financially, downsizing can be a great way to help you navigate those changes, especially if you are moving. If downsizing seems too overwhelming, we are sure this guide will help you.
How can downsizing help you after a divorce?
There are many benefits to downsizing after a divorce. For the most part, decluttering positively affects your overall well-being. From financial matters to living arrangements and emotional state, downsizing can help you regain a sense of stability. You can achieve some sense of peace by eliminating items you associate with unpleasant memories. And in the end, it will feel like a relief that you will wonder why you didn’t do it sooner. Decluttering and throwing away items you no longer need will help you regain your focus. When decluttering, many people turn to charities to donate things that they no longer want in their life. The great upside of this is that you will be helping someone else in the process of clearing your life. And who wouldn’t want that?
Downsizing your belongings
Clearing everything you no longer need or want has immense emotional benefits. However, you should be careful when downsizing your property. Unless you and your spouse have clearly divided communal assets and belongings, you shouldn’t make decisions unilaterally. In practice, this means that if you own a house in both your and your spouse’s name, you can’t sell it without their approval. Again, if you are moving out, you should be extra careful to separate your and your spouse’s belongings when getting packing services NJ. You don’t want to be taking their stuff with you.
One thing you should keep in mind when downsizing is if you can afford to replace that item. It’s easy enough to throw everything in the trash or donate it someplace. But, if everything you have is from your marriage, it may not be the best financial decision to throw everything away. In that case, you should opt for a garage sale if possible or for selling your stuff online. That way, you get rid of unwanted items while also earning a few bucks in the process.
Can you use the logic of downsizing to sort your finances
Financially speaking, divorces can get messy. Dividing finances and the divorce itself can get quite expensive. In addition to that, this is when a lot of people move into smaller apartments. Downsizing your finances, in that case, is really important to regain your footing in life. If you are one of those people who need to get away as far as possible after a divorce, your best option is to hire long distance movers NJ. Of course, it is recommended that you do some downsizing before that.
You can sell some stuff if you need some money to get you through this difficult period. However, you should also rethink your spending. Identify where your money is going, how much money you need for you to keep living your lifestyle, and how much of that you can cover. If you see that you don’t have enough to cover all your expenses after a divorce, it’s time to do some financial downsizing. Financial planning relies on accurate information about all your expenses, especially when it comes to moving. To do some budgeting and plan your finances, you will need to ask for moving quotes NJ. This will help you stay within your budget and find only the most affordable movers after a divorce.
Downsizing your home after a divorce
If you do not plan on living in your marital home – you will need to find a new one. This is when most people try to downsize in part due to finances but also because they don’t need as much space if they live alone. Finding an affordable apartment is only part of the equation. You need to find affordable moving services NJ. The key is to try to downsize your monthly expenses that are going towards housing in general. And that includes moving costs.
If you end up getting the home you lived in during your marriage, it still might not be the best idea to keep it. If you can’t afford the mortgage, the upkeep, and especially New Jersey estate taxes, the only option is to put your marital home on sale and find something you can afford. One of the options is to think about temporarily moving in with your parents. It might help you get back on your feet financially.
What about your friends?
When we talk about downsizing after a divorce, most people think about material stuff. However, the same concept can be applied to people. Whether you are divorced or not, it’s smart to look at people in your life every now and then and think about whether or not you need or want them to continue to be part of your life. Your circle of friends will most likely be downsized, with people picking sides during a divorce. If you are moving also, by the time you hire NJ movers, your friend circle will have downsized itself. But don’t forget to give some thought to who you no longer need in your life. If there are friends who weren’t there when you really needed them, are they really your friends?
Decluttering can be incredibly helpful. It will have financial and emotional benefits as well. The key point of downsizing after a divorce is to make your new life easier on you. The whole logic of only having things you want or need in your life is great and can be used in many aspects of your life. We hope this article helped you apply that idea to all aspects of your life because we are sure it will help you in every possible way.