Divorce Budget Worksheet

Why use a budget worksheet?

Plan your future

Most divorcing couples are surprised to hear that their expenses may significantly increase after separation (27%-50%). To put this in perspective, consider that after separation, each of your incomes may remain the same, however, instead of one shared electric bill you each will have your own separate bill, your car insurance premiums and health insurance premiums may increase, or perhaps you may lose the multi-phone discounts on your cell phone bill.  Having a clear plan of action that includes making sure you can afford to live separately from your spouse is essential.

Prepare a budget

One of the most useful ways to help plan for your future is to prepare a Budget Worksheet.  Utilizing a budget worksheet or spreadsheet can help you estimate and prepare for your expenses after separation. Most folks think budgeting is cumbersome or bothersome, but taking the time to calculate how much it will cost to move out on your own or to pay the mortgage and auto loan yourself can be one of the most important steps you take during this process. Budgeting is a necessary tool that can help you make better financial decisions for you and your family moving forward.

Make your own decisions

Your divorce mediator may ask you to prepare and share your budget worksheets and financial information with your spouse.  Sharing this information and becoming aware of the financial picture of each other, can help you make better financial decisions for you and your family. After preparing your worksheets, decide if you can afford to keep the cars and the family home, or if child support is to be calculated, how much should it be? I have found that most clients find this information empowering, and it helps them take control of their own lives moving forward.

empower yourself

Gathering the information you need to organize your life and your finances can empower you to make the best decisions for your future. To get started, click this link for a copy of a divorce budget worksheet with formulas: Budget Worksheet   If you or your partner would like more information on mediating your divorce, separation, child custody or support issues in an amicable, efficient and affordable manner, please contact Dawn Clement at dawn@clementmediation.com to schedule a consultation.

Dawn Clement

Mediator & Attorney




Divorce Budget Worksheet

Parenting Agreement Checklist

Choosing to mediate your custody or child support issues is an amicable, affordable and confidential way to resolve your legal issues and keep your family out of court!

When mediating your parenting agreement you may want to consider the following:

Parenting Agreement Checklist

Child support
Child care expenses
Healthcare fees and insurance
School Fees
Sport or activity fees
Extracurricular activities
Religious education and ceremonies
Parenting schedule, decisions and information
School district
Discipline and rules
Illness and injury
School schedules and events
Summer school break
Holidays and special days:

  • Christmas
  • Thanksgiving
  • Easter
  • Halloween
  • Mother’s Day/Father’s Day
  • Birthdays
  • Independence Day
  • Labor Day
  • Memorial Day
  • School Breaks
  • Family Reunions and other traditions
  • Vacations

A qualified, trained and neutral family mediator can guide you through the parenting plan process! If you would like to learn more about mediating your divorce or custody issues in Pennsylvania, email Dawn Clement at Dawn@ClementMediation.com to schedule a consultation!

Parenting Agreement Checklist