Whats more stressful than the first conversation you ever have with your significant other about money?
The moment when you realize its just not working out.
You werent married, but you might as well been.
You shared rent, utilities, maybe a bank account.
If you didnt live together, you shared a family phone plan, or at least a Netflix account.
At any rate, its over.
And its a mess.
Now you feel like the past however many years have been a complete waste.
But you dont have much time to spend wallowing in your heartache.
you better think about your money.
Separating shared financial accounts should be your top priority.
If not, immediately open one and move some money into it.
Evaluate your housing options
If you havean emergency fund, now is the time to use it.
People are often really surprised by the support thats there if you ask for it, Morrison said.
Sometimes its easiest to let the account or object go to the person who cares more, Karabaic advised.
One aspect that may take additional strategizing: if youre on the same health insurance.
Youll have to meet a brand new deductible if you switch before open enrollment, she warned.
You dont want to leave that in the hands of anyone else.
Morrison said, Especially your ex.
And getting back on strong financial footing after your breakup could take a while.
So dont be too hard on yourself if you feel like youre flailing right after the breakup.
Its a lot different operating on two incomes and sharing bills and expenses, Morrison said.
Life does change for you.
It may take time to feel secure with a new budget and maybe a new living space to match.
