It's Time For Your Year-End Financial Checkup

One important tip for avoiding bankruptcy is to do a year-end financial checkup. Most services have downgrade options, fewer features but at a lower price. Do enough of that cost-cutting, and someone who is on the edge of filing for bankruptcy might find their budget now balances.

A division of assets conversation is often part of this checkup too, especially if you're still working through a settlement.

Don't forget to look at keeping health insurance through divorce as part of your overall financial plan.

If your divorce is already behind you, this is also a good time to think about life after your divorce is finished.

If marriage is on the horizon again, it may be worth deciding whether to consider a prenup.