Starting Over In Your Fifties: Divorce, Debt, Rent, and Retirement Anxiety

In this episode of Budget Breakdown, I sit down with Stacy who's in her mid-50s who is trying to rebuild her financial future while carrying multiple debts and worrying about retirement. Stacy's IG:   / lionheartspirits   👇 Start budgeting with my template 💸 https://stan.store/chelseaspursuit/p/... *Wealthsimple 📈 👉 Platform I use to save and invest (Canada). Sign up with my *affiliate link, and you get $25 when you fund your account within 30 days! https://wealthsimple.com/invite/WMORZA Business Inquiries: 💌 [email protected] Follow me 📱   / chelseaspursuit     / chelseaspursuit   Chapters 🎬 00:00 Intro 00:30 Meet Stacy 05:13 Living Dynamic 10:27 Money System 12:34 Saving 13:39 Financial Goals 14:55 Should The Kids Pay Rent? 15:27 Budgeting 15:45 Income 20:11 Saving/Investing 21:50 Debt 31:39 Fixed Expenses 35:06 Need Spending 41:18 Wants Spending 43:05 Credit Card Usage 44:08 Revisiting Debts 45:07 Spending Overview 47:01 Income Reality 49:28 Kids Paying Rent Scenario 51:11 Debt Overview & Plan 55:00 Navigating The Kids 1:00:17 Overview 1:02:08 Stacy's Takeaway