September 19th, 2024
Episode 290: Navigating Divorce as a Female Breadwinner with Nikki Tucker (Women’s Financial Empowerment)
I am thrilled to welcome Nikki Tucker, speaker and founder of The FIIRM Approach, to dive into the complex world of divorce for high-income-earning women. Nikki, a Personal Financial Strategist, and problem-solver, is known for her work helping female breadwinners strategically exit their marriages and navigate the path to financial independence post-divorce.
Together, we discuss the unique financial challenges high-income-earning women face, such as managing assets, financial support responsibilities, and the critical role of prenups and postnups.
Marriage as a legally binding business arrangement is one of the most important conversations we’re not having. “We place a lot of emphasis on the emotional and relational aspects of marriage. However, equally important—especially in divorce—is the business, transactional side of the relationship,” says Nikki. This episode brings that crucial conversation to the forefront.
Featured topics:
- High-income earning women may be surprised to learn they could be responsible for paying spousal support (2:30)
- Should you consider a prenup or postnup? Learn how to protect your finances before, during, and after divorce (7:50)
- Is premarital counseling a smart move? Get insight into whether it can help set the foundation for a successful financial partnership (22:31)
- What unique dynamics should high-earning women keep in mind when navigating divorce? (31:58)
- Insightful reminders and advice, like: “You don’t need to be over-accommodating just because you’re a woman with a high income.” (32:48)
- Nikki breaks down her F.I.I.R.M. Approach, empowering women to be Flexible, Intentional, Informed, Resourceful, and Masterful in their financial decisions (33:25)