Divorce Money for Latinas

Different cultures experience divorce in different ways. And money management techniques are different too, with influences from your ethnic background playing a big role. This week on the Find Me The Money podcast, we're exploring the issues of divorce finances for Latinas with Jen Hemphill. She is a personal finance expert, Accredited Financial Counselor, host of the award-winning podcast Her Dinero Matters, and an author.

Jen and I talk about the experiences of Latina women as they navigate divorce. There are unique challenges for Latina women including finances, traditional roles within the family, working through the shame of divorce, and addressing financial vulnerability.

With Jen's expertise in all things personal finance, and her focus on money for Latinas, she is the perfect guest to have this conversation with. Family values and traditional gender roles can make the process of divorce more difficult for Latinas, but Jen has some great advice in this podcast episode.

Overall, Jen's goal is to help women know more about their family finances and play an active role in the money decisions. One of the interesting parts of our conversation related to the work done by Latins, both within the home and outside of the home.

The gender wage gap is very wide for Latinas. They are often the caretakers of the family and may shoulder most or all of the unpaid labor in the home and family. When getting divorced, these family dynamics and multiple roles can make things very difficult.

Jen says it is important to be aware of family patterns and mindsets that can deeply impact your relationship to money as you go through a divorce. Jen helps Latinas see the ways in which they may hinder their own growth around money, and helps them become more confident and know more about their financial lives. Little money steps can set you up for big victories!

You don't want to miss this episode of the podcast and all Jen has to share on how to talk about money with your husband, navigating your own relationship with money, and addressing cultural issues as a Latina.