Today we're preaching about the much overlooked topic of the divorce budget. That means talking with your client early on in your coaching relationship about the amount of money they'd like to spend on their divorce.
Why is that so important? Because they can't get a Lamborghini divorce on a Kia budget.
Cultural norms tell people that if they want to get divorced, they have to hire a full-scope attorney. And yet we hear consistently from clients that they aren't happy with their attorney-client relationship. And that's because they jumped the gun. They hired someone before they thought through their divorce budget.
A lawyers.com study revealed that 75% of respondents hired an attorney to get their attorney fees paid for. What? They hired an attorney and then had to pay the attorney they couldn't afford to try to argue that their spouse should pay their attorney fees? That's some backwards thinking.
When clients start divorce without an understanding of the process, without preparation or without thinking through the implications of their decisions, they set themselves up to be a passenger on a runaway train. Costs and conflict can escalate before they know what happened.
If you're fortunate enough to work with a client at the very beginning stages of their divorce, we really encourage you to have this divorce budget conversation with them. It will help them make intentional decisions that are in alignment with their goals and insure that they aren't spending money on legal and professional fees that would be better spent on a kid's college, a downpayment on a house, or starting a business.
If your client wants a Kia divorce, they need help to be accountable that their actions and choices will help them achieve that goal. Otherwise, they might end up with a really expensive car they can't afford.
You can learn more about DCA™ or find out about any of the classes or events mentioned in this episode at the links below:
Website: www.divorcecoachesacademy.com
Instagram: www.instagram.com/divorcecoachesacademy
LinkedIn: www.linkedin.com/company/divorce-coaches-academy
Email: DCA@divorcecoachesacademy.com