Find your starting point

If you want to establish creditworthiness, you need to know where you stand. Three reporting bureaus track credit, and each one must give you a free copy of your credit report every year at your request. Before you start on your path to building good credit, obtain and review a copy of your credit report.

Open your own accounts

As a stay-at-home mom, you may not have had any of your own accounts. Alternatively, you may have joint accounts you owned with your husband. Either way, open your own checking, savings and credit accounts. Then, close joint accounts or remove your name from them. After all, you do not want to be responsible for your former spouse’s poor spending habits.

Prepare a budget

You may have to adopt a different standard of living after your divorce. Still, you should try not to spend more than you earn. Accordingly, prepare a budget, and stick to it. If you can, put some funds into a savings account every month to help with unexpected expenses. 

Have some fun

Finally, you should not be too hard on yourself. If you constantly worry about bills, you may miss out on much of the joy that comes from moving on after a divorce. Therefore, think about creating an activities account for unnecessary items that make you happy. 

If you have chosen to end an unhappy marriage, the world is your oyster. Still, you want to work toward a secure financial future. Building good credit is an effective way to get there. 

For advice on building credit after your divorce, call the expert Georgia family law attorneys at Gentry Law Firm.