Financial expert Godfrey (
Money Doesn’t Grow on Trees) is known for helping women become financially resilient during and after a gray divorce, which is the term for when people 50 and beyond get a divorce after being married for a long time. This book indicates that divorces are on the rise due to dissatisfaction in the marriage, but women who are not monetarily astute may find themselves struggling financially after such a divorce. The book discusses how to manage credit scores, debt, budgets, mortgages, and investments. Godfrey recommends building a team of experts—financial advisors, accountants, appraisers, etc.—to assist in making financial decisions, and she cautions against taking on debt to assist children and grandchildren. One thing that’s missing from this book is a thorough and complete examination of topics relevant to readers who are 50 and older, such as Medicare, Social Security, job training, health insurance, and long-term insurance. The book also lacks detailed advice about how to evaluate the financial impact of divorce before making the decision to file or considering the alternative.
VERDICT Readers will gain a basic understanding of general, financial topics.
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