DIVORCE AND YOUR MONEY:
PODCASTS:
SUBSCRIBE:
When you are planning to file for divorce from your spouse, you need to be prepared for the initial costs of hiring an attorney and other experts to handle your case. Putting money aside to cover some of the expenses related to your divorce can be a tricky endeavor. Particularly in situations where your spouse may handle the finances, you should have a few tricks at your disposal, so that you can put some of those funds aside to cover your expenses. If you consult with a divorce professional and pay with funds from your joint account, your spouse will see the transaction. How can you get around a spouse who notices the money that flows in and out of your joint bank account? Here are a few clever ways that you can begin to stash cash out of the view of your soon-to-be ex: 1) Shopping presents several ways to hide cash from your spouse. For instance, put small amounts on gift cards while doing routine shopping. Then as the gift card balances add up, sell them for cash to friends and family members who could use those funds. 2) When you go shopping, purchase two items, and sell the second one for cash. 3) If you shop with a friend, put their purchase onto your credit card, and have them pay you back in cash. 4) Take your friend to lunch, and put the entire tab on your credit card. Your friend can pay you back in cash. 5) When you return an item that was purchased with your debit card, opt to receive cash back, instead of putting the funds back on the card. 6) Purposely purchase too many of an item you need, then return the extras for cash. 7) Sell items that your spouse will not miss around the house. This tactic can include selling old clothing (through websites like Thredup) or simple postings for household goods (on other internet retail sites). 8) Opt for cash back at the grocery store. Even if it is only in $10 or $20 increments, your cash stash will add up over the course of multiple trips. 9) Use cashback apps like Ibotta and Checkout 51 when you go shopping. The funds you earn over time will add up, and they can be directly deposited into a secret PayPal account. 10) Take on extra work if you think your spouse will not notice. You can find freelancing jobs in several fields through platforms like Upwork. That way, you can make additional money and have the funds deposited into a secret bank account. 11) Offer childcare to a close friend for their date night. You can tell your spouse that you are doing it for free as a favor to your friend, then keep the cash for yourself. 12) Arrange to have any bonuses, commissions, or pay increases direct-deposited into a separate bank account. If your spouse is unaware that you are owed additional funds, they will be none the wiser. 13) Sell plasma for cash while your spouse is out of town for the weekend. 14) Clean out your garage and sell miscellaneous items for scrap at the same time. Your spouse will think you took those items to the dump, and you can pocket a few dollars. 15) Use websites like Fiverr or Amazon Mechanical Turk to earn a few dollars for extra time spent on your computer. Once you start to stash cash away from your spouse, you need to find a secure hiding place for your funds. Many individuals may have the option of leaving their gift cards and cash in the hands of a trusted friend or family member. However, if you are uncertain whether they can be trusted to keep your cash or your secret, you may need to reconsider your hiding place. Get creative about storing money in places that your spouse would not normally check. For instance, store cash and gift cards in a sandwich bag, then tuck it away somewhere. Hide it inside your dog bed, place it in the couch cushions, or secure it to the underside of your sofa. The trick is to find a place that your spouse would not check, even by accident. If you have already started to compile your financial documents, you can place them all on a flash drive. Because of the compact nature of this device, you can easily store it in your bag with your gift cards and cash. Being financially prepared is one of the most important ways you can gain the upper hand when it comes to filing for divorce. If you start preparing now, you will be setting yourself up for future financial freedom when your divorce gets closer. Thank you for listening to the Divorce and Your Money Show. Visit us at www.divorceandyourmoney.com for 1-on-1 coaching. If you enjoyed the show, please take a moment to leave a review on iTunes, as it will help other people discover this free advice….(read more)
LEARN MORE ABOUT: IRA Accounts
CONVERTING IRA TO GOLD: Gold IRA Account
CONVERTING IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
Divorce is a difficult and emotional time. It can be made even more complicated when it comes to dividing up assets, especially cash. If you’re going through a divorce and you’re worried about how to protect your money, there are some clever ways to stash cash from your spouse. Here are 15 ways to do it:
1. Open a new bank account: Open a new account in your name only and start depositing money into it. Be careful to keep the statements and paperwork from the new account hidden from your spouse.
2. Use a friend or family member’s account: If you don’t want to open a new account, use a trusted friend or family member’s account to store your cash.
3. Cash payments: Pay for things in cash and don’t deposit the change into a joint account.
4. Use cryptocurrency: Cryptocurrency is an encrypted digital currency that is difficult to trace. You can use it to stash cash without your spouse knowing.
5. Buy gift cards: Buy gift cards for stores you regularly shop at and use them for purchases instead of using a debit or credit card.
6. Invest in valuable items: Invest in items that will retain or increase in value, such as collectibles or art, and keep them hidden from your spouse.
7. Pay off debt: Pay off debt that is in your name only to keep that money safe from your spouse.
8. Prepaid debit cards: Use prepaid debit cards to store money instead of carrying cash.
9. Rent a safe deposit box: Rent a secure safe deposit box at a bank or storage facility and keep your cash hidden inside.
10. Use a trusted third party: Use a trusted third party, such as a lawyer or accountant, to hold onto your cash for you.
11. Set up a fake expense: Set up a fake expense that you can pay with cash and then keep the change.
12. Sell items: Sell items you don’t need or want and keep the cash from the sale hidden.
13. Give money to friends and family: Give money to trusted friends and family members to hold onto for you.
14. Pay for services in advance: Pay for services in advance, such as a year-long gym membership, to store cash.
15. Write yourself a check: Write yourself a check from a joint account and deposit it into a new account in your name only.
Divorce can be a challenging and stressful time. If you’re worried about how to protect your cash, use one or more of these clever ways to stash cash from your spouse. Protecting your money is important, but make sure to do so in a legal and ethical way. Always consult with a trusted lawyer or financial advisor before taking any drastic steps.
Can we just open an account in our kids name and put the money there
Many of those profits are taxables and will show in IRS transcripts often required for discovery
This is so sad for a spouse who has put their heart and soul into the relationship and put invaluable sweat equity into the family.
It IS illegal and against the family legal code to hide money from your spouse.
Ok, I hear you but doesn’t all of this have to be revealed in discovery?
I’m staying single. Problem solved.
Marriage is only a stable platform for women to have kids. So why do men even bother to marry when there is plenty of women on dating sites today. divorce is horrible for men.
Fuck lawyer biggest pieces of shit on the plannet.
It’s jerks like you that make me sick
When my divorce started Dec 16 2017 which was not finalized until Mar 16 2021 it was a good thing I was debt free at the time. Other than mortgage and a car payment I had zero credit card debt. I would not have been able to pay for the attorney fees if I had been buried in debt.
what a terrible video, people need to be transparent in a divorce.
I want to know this before I have a girlfriend and get married I ain't going to loose all my money.
Put extra on your visa, OVER PAY YOUR PERSONAL VISA!! best way is to have bank security box and put money physical Cash in there! Make sure its at the bank. I know someone over years saved cash in a bank box $30,000
This is dumb.
Wondering about joint savings and investment accounts the minute you decide to separate and walk out? Any way to freeze and get arbitration before you leave the house and split it up then and then let the courts do the exact math later? Just feel the minute it goes south the transferring and spending will be unprecedented. Also what if she argues she needs to continues to take care of adult children? Also what about inheritance from one side that came in before the separation?
There’s no way to hide 20,000+ using these methods during a divorce… takes too long.
What a nice guy you are.
I just want to be able to read his texts on his phone without him knowing and then shove it in his face and say there's the proof that ive been waiting for 10 yrs and show his narcissistic lying face that ive caught him
Have no young friends that have young children
Don't have cash back in our tiny little town
He goes shopping with me all the time, he pays with his accountT
We don't have a joint account, so what do I do then
Heard about BItcoin ?…
I am 53 single never married ,if I get a gf ,we get married then we split is she entitled to any of my pension I get at 60
hmmm…. Gold, Casino Chips, use all cash to pay debt.
I always say , everybody should have emergency funds because you never know what's going to happen . You can meet with the most perfect person on earth and suddenly things change and you need to get out now . What's your exit strategy ? The best strategy to protect your funds is to create a single and separate investment , one that generates profit short – term , so even in the worst case , the court is aware of your investment it doesn't have jurisdiction on the profits .
Hiding money is illegal and you will get in trouble if you don't disclose it
I randomly stumbled upon this clip, while searching for other stuff… But this just made me curious on why does one want to hide his money at divorce? :-/ .. doesn't each person has its own separate bank account ?
is this applicable to UK law
Can your wife go after my own personal savings account
All good ideas,,,,but, what if those other accounts, are known to exist, and are called forth, as 'finances'?? PayPal, separate account, etc.
If I open a checking account won’t my husband know? Like when we do the taxes How can I do it so he doesn’t know??
Just invest abroad. Buy properties in other countries.
I have always suspected my wife was cheating on me. We have been married for 15 years now and its been a smooth ride until last year when she changed and started seeing other men. A friend of mine linked me up with a great hacker Cyber Hack who helped me hack into her phone, I had complete access to her phone right on my device and I could monitor all her activities for the past 2years and also have access to new notifications, her location, call logs, text messages and all. I was left with no other choice.I loved my wife so much and I just dont know why she chose to betray me, I have been a good husband and never for once cheated on her. I tracked her down to a hotel where I found her with another man . You can contact them at cyberhack003 at gmail or Whatsapp +15303784744 or text and call them directly on the same number.They helped me get access into her phone without even touching her phone.I have enough evidence against my wife now and I am thinking of Filing for divorce. I want advice from men and other women on here, should I give her another chance because of our kids or file for divorce ? We have a 4months old baby.
People will forget what you SAID .People will forget what you DID But they will NEVER forget how you made them FEEL.
Have always believed in love to cure many things but it only fed my narc’s enormous ego. it is important to be wise when dealing with a narcissist and I’m glad that darkwebprohack helped cloned my husband’s phone. i got access to his dealings both on phone and social media without touching his phone,I’m here in Miami Florida USA and able to access my husband’s phone with a cloned app even while his was away in the UK cheating on me.All I did was share my husband’s phone number with darkwebprohack and I was able to read both his new and deleted messages from my phone through a remote link to a programmed app containing cloned cell information without having to touch his phone…my husband was a cheating Narcissist and I’m glad to find out all his secrets and infidelity with the help of darkwebprohack. My husband also tried to use this corona virus outbreak as a means to get back to me but I’m not stupid to allow someone so toxic back into my life, I’m finally going through divorce with a lot of evidence against him. i read all deleted and chat on Whats app,Facebook,Instagram and GPS location of his phone at all times, you can contact the great hacker via Gmail (darkwebprohack) or text and speak to him directly on the phone and Whats App .+19087998357 and I hope you will fund the peace with your heart after finding the truth just like myself..
Your tips have been invaluable sir!
GET YOUR EX BACK!!
Hello Everyone out here!!!
I’m here to share a testimony on how my Ex Girlfriend came back to me after 3 years of heart break. I got a help from a great spell caster Dr ADO who help me to bring my Ex Girlfriend back. You can text him on his WhatsApp number +2347041-985960 GOOD LUCK
I'll tell you what my wife was doing. The electric bill will come in a be $200 she would pay a 100 and keep a 100. She did this with everything at the end of the month it was 6 $700 she was stealing.
Tip #8 worked extremely well for me. Between that and dividing off a portion of my paycheck at payroll directly I was able to stash a couple thousand.