It can be difficult to lose your job. It creates a lot of uncertainty and removes the stability that you previously enjoyed. Even if you know that you will eventually find another job, this can be a difficult position to find yourself in.
It can also have an impact on many other areas of your life. For example, studies have found that divorce odds go up when a person loses their job. It is more likely that their marriage will end now that they are unemployed. This certainly doesn’t mean it happens in every case or even the majority, but just that the odds are technically higher.
Creating financial stress
There are many different reasons for this increase in divorce odds, and it could be due to personal reasons. Perhaps the person frequently loses their job and this is just the last straw for a spouse who has told them that they need to focus more on their career.
But the biggest issue is often just the financial stress that job loss creates. It could make it difficult for the couple to make ends meet, or they could be at risk of foreclosure and the loss of a family home. Financial stress can also just escalate the level of conflict in the marriage. The couple may end up arguing about money far more often now that their resources are more limited, and that can expose issues within the relationship or change the way the people feel about each other.
Working through a divorce
But no matter why a divorce happens, it can be a complex process, especially for those who are going through it for the first time. If you’re in this position, it’s important to understand all of your rights when dividing marital property, splitting up parenting time with the children and much more.
