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Do you ever dream about taking your family on an amazing family vacation in which you fly first class to London, Paris, or even further afield – perhaps a safari in Africa or snorkeling in the Maldives? But then the reality of an expensive and harrowing long-haul flight in coach sinks in, and you sigh, starting to plan a trip to see relatives or a quick jaunt to Florida, the Caribbean or the West Coast.

1. Get informed. In order to have an idea of where you stand financially after divorce you need to figure out your financial status as a married couple. Gather all of the documents pertaining to your assets and liabilities. Each current account statement, whether it’s reporting the mortgage balance, credit card balance, Individual Retirement Account value, student loan, etc.