INSIDE YOUR POCKET – You’ve split with your partner, now what

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GUEST - Queen Malobane, Provincial General Manager: Gauteng at Metropolitan

Ah, the December holidays. A time for fun, family and festivities – and also, failed relationships. Known as heartbreak season (or ‘Dump Month’), December generally sees a rise in break-ups, as people act to end relationships that they believe aren’t working, starting the year with a clean state.

In fact, lawyers have unofficially dubbed the first working Monday in January as ‘National Divorce Day’, as divorce inquiries typically pour in after the holidays. When dealing with a divorce or break-up, we often find ourselves preoccupied with grieving the end of that relationship, says Queen Malobane, Provincial General Manager: Gauteng at Metropolitan.

“While it’s always going to be hard on us emotionally, there are often serious implications for our finances too. It is important to act quickly to protect yourself financially, as a serious or long-term relationship will generally involve some degree of financial entanglement that needs to be dealt with sooner rather than later.” Malobane shares three important steps to follow when dealing with the end of a relationship
14 Dec 2023 3PM English South Africa Business News · Investing

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