14 min listen
045: Alice Shikina - Money, Divorce, & Mediation
FromMindful Money
ratings:
Length:
58 minutes
Released:
Feb 17, 2023
Format:
Podcast episode
Description
Upcoming Event!How Can Mindfulness Give You a More Abundant Retirement?Are you ready to let go of anxiety and find the peace of mind you seek as you prepare for your golden years? Your Answer Lies in These 5 Critical Retirement Questions: Am I on track for financial independence?What do I need to do to get on track?How do I design a mindful investing portfolio?How do I manage that portfolio and my income over time through changing markets?How do I prepare non-financially for retirement? What are the dominant variables in a happy retirement?Learn more: https://courses.mindful.money/mindful-retirement-review-workshop/Alice Shikina is an international speaker, negotiation coach, and divorce mediator. She’s the author of the book, Negotiating with Your Kids. Alice is passionate about helping people out of conflict and moving forward with their lives. Today, Jonathan and Alice talk all about marriage, divorce, and navigating the difficult topic of finances throughout the two. Alice talks about the importance of acknowledgement and communication, and provides insights on how to approach your marriage as a business partnership.? Watch on YouTubehttps://youtu.be/UbKCNAUqxWUKey Takeaways00:48 – Jonathan introduces today’s guest, Alice Shikina, who joins the show to share her unique experience being shielded from money at an early age08:33 – Alice’s career trajectory, from theatre to divorce mediation13:01 – Statistics on divorce17:07 – Why financial literacy is a critical skill to have in a relationship20:38 – Joint vs. separate accounts26:39 – How to prepare yourself for the ‘business partnership’ of a marriage30:52 – Prenups, postnups, and other strategies for cultivating a healthy ‘business partnership’34:34 – The power of acknowledgement37:42 – Approaching money as a team44:54 – Alice’s 8-week negotiating and communication course48:24 – One piece of financial advice for couples to heed and one thing to completely ignore51:07 – Alice’s latest course, Design Your Own Divorce52:51 – The last thing Alice changed her mind about and the most impactful place Alice ever visited55:08 – Jonathan thanks Alice for joining the show today and lets listeners know where to connect with herTweetable Quotes“For those people who don’t know the difference between arbitration and mediation, arbitration is basically a private trial. So, you don’t go into the public court system. You hire a private judge, who is the arbitrator, and you do everything privately.” (11:53) (Alice)“It is very interesting to note that if I’m mediating alimony from a husband to a wife, usually they want to be fair and talk about it. Usually when I mediate alimony from a wife to a husband, everyone is bitter.” (15:18) (Alice)“If there is a partner who is not as financially literate, it would be extremely beneficial for them to get a financial coach so that they can at least feel somewhat comfortable looking at a spreadsheet. And the other thing is budget! So many people do not create a family budget.” (19:37) (Alice)“I have noticed that when people come from marriages where they only have a joint account and they only had a joint account for several decades, there’s a lot of fear about splitting it up and opening a brand new account. Of course they do it, but I can tell it feels very uncomfortable for people.” (22:17) (Alice)“Communication is a huge reason why people get divorced. I see it all the time. And they come to me...
Released:
Feb 17, 2023
Format:
Podcast episode
Titles in the series (100)
000: What is Mindful Money? by Mindful Money