Starting over after divorce with no money
ฝัง
- เผยแพร่เมื่อ 30 ส.ค. 2020
- So how can you fast track your financial recovery if you're starting over after divorce? What options do you have? Probably more than you think! I hope this video broadens your thinking and helps you think outside the square!
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👋 About this channel : Hi, my name is Mark Waite the creator of Mark My Words and the 10 Breakthrough Steps. In 2008 life dealt me a hand of cards that shook me to the core...in every area. A catastrophic business and financial collapse, marriage breakdown and health issues....all happening within days of each other. The good news is that over the years since I have completely recovered and I am in better shape now than ever before. I’d like to share with you the steps I took to regain my family, my health, my wealth and most importantly my confidence. You no longer need to struggle with setbacks. Your best stays are ahead!
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Remember you can completely change your life at any time, you just need to start.
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Turning 50 and starting all over. With kids and no support nor income is challenging. This video has helped shed some light. Lord I need an inspiration 😢
I went through a lot of financial crisis after my divorce, I had to raise my two kids alone, Currently I'm living smart and frugal with my money. Bought my second house already. Saving and investing lifestyle made it possible for me; even till now I earn monthly through passive income. I'm planning on retiring when my kids finish college,just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made. Great video!
Nice one,any investment tip? I would love to know how you made it this far
I strongly recommend Regina Louise Collaro, a reputable US-based financial advisor and consultant. Through her collaboration with an international organization, she has provided invaluable guidance and support on my financial journey until I reach my goals. Choosing the right financial consultant is vital, akin to finding the ideal life partner, as both profoundly influence your life's direction. I am thankful to have found such an excellent financial consultant who has aided me in accomplishing my financial goals, spanning from education to nearing retirement.😊
I value your recommendation. It's challenging to locate a trustworthy person. I could really use your investment advisor after seeing how much money you've made through investing. If you don't mind revealing her information, that is.
Alright, you can easily find her information by doing a quick 🔎 search. Feel free to reach out to her directly with any questions you may have.
It's surprising to come across Regina Louise Collaro's name here. I've always been uncertain about hiring an investment advisor. Just to clarify, I began collaborating with Regina in 2019. She oversees around 70% of my investments, leaving me with the remaining 30%. My stance has always been that I prioritize my own finances, but she has convinced me of her extensive knowledge regarding present circumstances and upcoming trend
From having 4 houses 4 jobs divorce took everything to nothing going bankrupt to now living a good life so it can be done, I don’t own a house only rent but my quality of life is good, you need a different mind set.
Well said Mark. You do not need wealth to be happy.
how the fuck did you lose 4 houses in a divorce??
@@WHOTHAFUCK A perfect storm only had them for a year or so interest rates went up to 15% Little equity in the houses could not sell due to high interest rates Divorce started I stopped working in my other jobs otherwise hammered for maintenance payments so income stopped Maintenance payments started Rent required for another house Still on the mortgage for my now ex wife’s house could not refinance houses then Bankruptcy. A perfect storm. Just a brief outline but you get the drift I think
@@WHOTHAFUCK easy, it’s called marital assets. All of it is divisible.
@@RetiredandLivingthedream sounds more like a totally overleveraged high-risk situation you set up for yourself.
@@WHOTHAFUCK it was a risk yes as is everything. The one thing I did not consider was a Divorce.I had the means to pay for everything but Divorce scuppered that what I was working all them hours for.
I'm 54, divorced and now starting again with absolutely nothing. I've got a job paying approximately £1600/month. I have £8k in debts still to pay. Between rent, utilities and debt repayments there's not a lot left to live on for the rest of the month.....but I manage. I'm so tired and looking for inspiration. I know there's a better life out there, I hope I can find it. The thought of going on like this until my deathbed is depressing.
Reach out anytime
I'll wager there's a fair few post covid and post divorcees out there, facing larger costs and less energy. I'm looking at living tiny- just downsize everything, gain new skill sets, and from there I can continue to work part-time for longer (I'm going for distance over speed). Best of luck to you 🤗
Hi my husband left me in 33k debts I’m 50 working part I’m in a iVA for another 2 years 😢
I hope you have friends to talk to. Try one pot recipes in stews & Meals like Asian people. & grow herbs & vegetables & salads at home. Make plans but don't set your heart on it. Have plan A,B,C
Forgive yourself & others. Do gratitude daily for your entire life how much you have achieved, received & done in your life & experienced. Doors will open up...😊
I m 44 I just found out I was adopted last year starting over literally 😢my whole life seemed a lie. 15 year cancer is over finally mentally exhausted. Divorced, can't have children...I have no family... Never hurt anyone in my life & I always worked hard & was sincere in all my relationships. 😢 Now I am excited to start work after 7 years. I had disability. I have always helped others but it's never helped me in return.
Now after trauma counselling & therapy I am seeking life coaching to build my life again. I can't be stuck with society expectation or the age number. Gonna have to try & reach a comfort level a balance ground one then aim for goal two or look level two.
@@Tesseslife2342please get out for walks & meet with people. I hope you find a solution & please avoid conflicts & be kind to yourself 😢
Starting over at age 35 after being in a 14 yr relationship... its tough but this video really helped.
That might be me in a few years buddy.
Dam bro same here 36yrs old , 15yr relationship!!
@@jmoo72 damn glad I’m not alone in this .. we got this 💪🏽
35 after a 5 year 21,000 in debt and still in shock haha
@@DaddyRamon Then what are you doing about it? No point in sitting there like a rabbit caught in the headlights.
Everyone isnt cut out for entrepreneurship/ business ownership.
I’m so happy I came across your video. I’m 55 and going back to school to start over.
In this day and age the worse thing you can do is get married and not have your own skills and income. Always have your own. Having a dependable roommate is the best way to get back on your feet if income has been lost. Share until you can afford your own. This helps not only you but your roommate.
Great advice, it's sometimes hard to see this when your in the middle of a divorce and everything you built is being destroyed while the family law system is doing a number on you from multiple directions, but it's also an opportunity to recreate something much bigger..
most business fail within the first year. Yes, it's potentially great, but be careful not to dig yourself into a giant hole
This is a wonderful video. Very much needed
Thanks mate Peter Burns
Your rockstar broo I appreciate your videos I'm going through dirvoce and I lost everything I found your videos so helpful! Your very brain man Sir!
Thank you Mark, wise words I feel inspired that I will be ok x
THANK U SO MUCH. You are amazing and a godsend. Please keep these videos going. I’m in that situation now and need to turbo charge ASAP. I won’t go into my story, similar to many other people 😢 thank you all for this community.
Ty. I’m fresh to this and really don’t know what to do
Thank you.. working on it!! Will watch all you have released.. and will proceed as you recommend.. and will be better than before💪🙂🙃🙂
Reach out if you need to.
You are not alone. I Give no quarter to the negative and self destructive thoughts that regularly seek to derail my steady progress. ✌
Mark I got a divorce January of this year. Your encouragement and advice uplifted me from feeling depressed and stuck. I started working on changing my habits and am making some progress. Thank you.
Well done Blake. Reach out anytime
Ok. First step. Start a successful business. Got it.
Easier said than done. Starting business needs money n is risky and imagine being broke from divorce n doing this
"be in business" is your solution!!!
I went through a lot of financial crisis after my divorce, I had to raise my two kids alone, Currently I'm living smart and frugal with my money. Bought my second house already. Saving and investing lifestyle in the financial market made it possible for me; even till now I earn monthly through passive income. I'm planning on retiring when my kids finish college.
I'm a single dad. Not quite long I started investing. I'm very curious and need help on how to enhance and increase my returns. Any good investment tips would be appreciated
@@eadad4371 Generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (Regina Louise Collaro) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance.She is quite popular for her services so you might have heard of her.
She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy... So I’ll advise you do get a good Investment advisor for yourself.
@@stephaniefythm That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
@@eadad4371 look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on cnn. She can work with anyone irrespective of where their located
@@stephaniefythm just got out of my marriage,I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me .
Watching this video you can learn a lot. I wish younger people would see this video how many men have been destroyed by divorce left destitute. Marriage is no longer an option absolutely not.
Thanks for sharing! I really need to get support with my business. I need to fast track my recovery.
Reach out anytime Samantha
Very realistic advice. Exactly what I need right now. Thank you
Mark! Hiw did I happen upon your channel tonight right when I absolutely most needed reassurance💫. Think you're going to be the light at the end of this tunnel I've been stuck in for too long. Thanks.
Reach out anytime Maria
@@markwaite7805 Thank you; I probably will. Plan to listen to your videos this week as get on with DIY (ever the multitasker lol)
Well done
Great advise Mark. Thank you.
Here’s my question. Divorced at 44...lost everything. $5,000 to my name with no other assets. Grade 9 education. Can’t afford an apartment in Toronto. I work full time and take home 1,000 bi weekly. Where do I go from here? No debt but I do lease a car for $300 a month. I will need to find my own place within a year. Any advice?
Hi Jennifer.. you can bounce back strong. Connect with me by email mark@themarkwaite.com
@Neil Stewart yes
What if your in a similar situation but you ARE a man?
@Neil Stewart That's the truth of it. My job doesn't pay much, but I maybe I can find something on Sat/Sun.
@Neil Stewart My job has a pension and I'm good at it. I also drive a school bus in the morning and afternoon(I've got a CDL- B). I've thought of the blue collar skills you mention, as I'm strong and in good shape. I hate to start all over.
Wonderful, calmly delivered advice… thank you Mark.
Hope it helps Megan.
Very good chat man...Thanks...i will be back
I will never get married again . I just got a vasectomy. I’m looking forward to the best years of my life . Love is a Hallmark card, a young man’s gamble. Good luck
😂 a young man's gamble. Perfectly said... these bitches break down a Rome that you invest so much grinding Into just for them to come fuck it up!!!!
Wow. Thank YOU! I needed to here this at this point In my life.
I am a woman professional, whose spouse defrauded me of our 25 years of income, where I earn three times what he did during the marriage. So I appreciate your advice and I look forward to fast tracking the next 10 years since I am already in my 50s. Thank you so much for these videos.❤
Same here but the other way round……
Mark thank you.
I've joined the facebook private group and once I get some money I'm hopefully going to be in a position to do your course/tutorials.
I found this helpful today to keep me going through the day.
Andrew
Glad it helped Andrew. Welcome aboard!
You spent the first 5:07 of the video in a redundant intro. Got to the point already... 👍
I'll connect with you on Facebook. Thank you so much for this video mate. Cheers
I’m going crazy because my ex. 5 kids and she’s tryin to take everything. Luckily I never married, barley any debt, and only owe 30k on a 360k house. I’m selling and moving in with my
Mom and I’m losing my mind cause I was doing so good. But I guess it could be way worse
It can be tough as hell being a single dad... I talk about my own struggles/dealing with child support on my channel if you think it may help you...just to share stories. Keep your head up and fight. 🤝
She got 5kids to deal with daily. Free time and a silence place to rebuild is peaceful and priceless. If you don't think so, take those 5 kids and see you are worse off then paying child support
@@msdiamondpiggy 3 of them live with me
@@msdiamondpiggy and we went to court if u wanted to she’d be on cs for one kid
@@msdiamondpiggy she’s only dealing with 2 I’m dealing with 3 and she tried to put me in CS for all 5
Sound advice thank you...
I am 38 and my wife and I have had a conversation about getting a divorce after 5 years. We have a 3yo daughter and are renting we just bought some land and tbh neither of us can afford all the bills alone since I closed my business and went to a 9-5 to help her. She works full time and school full-time. Not sure how this will play out yet.
Try to salvage the marriage. Watch youtube channel Marriage Helper or Jimmy on Relationships to fix the problems.
Brilliant! Thank you Mark.
It's a good channel.
Sadly I am a Voluntary Patient at a mental health unit due to a breakdown. I have zero money going forward, apart from state benefits as I’m too ill to work. My wife ended our marriage due to my mental health. I just do not know what gonna happen to me after leaving the unit, absolutely terrified.
Become a muslim bro.
That fixes mentall issues that aren't related to ur body.
My get back is once my kids are college bound. Back to enough time for self-care without interruptions, good sleep no more waking up extremely early because im jungling kids and work schedule. And simply able to work without being exhausted with mommy duties awaiting me. And improve financials because my monthly overhead is less when kids grow up. Life after parenting children under 18, it a start over too. Got a 14 and 8 year old. Parenting young kids retirement will come one day.
I am broke as fuck 48 years old, i got no hope
Where there’s life there’s hope Peter.
I'm 47 and I totally feel yes Peter:(
Don't start a business! Learn skills and then help people. A business is just a word, skills are actually things that solve problems and people pay you for them....and they can become a business.
Agreed
19:33 min ...
May God heal us 😔
Amen 🙏🏾
God is a liar and false promise maker
I’m 40 father of 3 beautiful boys I got divorce this year lost the house and money the only think I have right now is my job and my car I’m living with my parents it give some space to save some money every month I am very hungry I wanna work day and night to make more money but I’m kind struggling to find my proposed
I worked in the US as an educator for 20 years. I have no kids or wife and no debt; however, I have only saved around 200K. I'm so burned out and NEED a change. It feels like I'll screw up my future if I leave now and take some time off to travel. I also badly need another career. Any advice?
Hi Ernie, email me at mark@themarkwaite.com
Any advice on working a job you don’t want to?
This video feels like a joke. 'Just make more money duh' is the crux of this. It seems well meaning but 'have you considered not being poor?' is not really a helpful answer.
Ya for real. I drive a flatbed boom truck. I don’t really have any business acumen or skills to start one. Or enough capital.
Love your candour but confused as to how the hell you 'get into business' even with experience and acumen without capital? I'm not from a world of debt, is that the unsaid thing? Just accumulate 'good debt'...??
Pm
God is Almighty. We are just a short time on this earth. God is waiting for us. Pray. Daily. Heaven is real. Devil also. Be prepared. 🙏♾️ Amen
So, start a successful, scaleable, sellable business. Doing what?
Exactly. Don't start a business. Start gaining skills that people need and will pay money for. After all, a business requires the skills to solve a customers problems i.e fixing cars, curing a disease, building a home, personal account, ect.
ironically it takes money to start a business.....
Thats not really true, nor ironic.
these are the only type of men that look my way. only when they hit rock bottom and see that the beautiful women stole everything from them
And when they look at you, they regret chasing those women. They feel foolish and used. Time has passed them and they will grow bitter; I know.
Got to start over so I blame god and his false promises and lies
Big debt and you're renting? Go bankrupt... Big weight off the shoulders there.😅