These days, money seems to be a more influential effect on how it affects your level of happiness. It can either bring you happiness and in some rare cases, love, or it can lead you to being devastated or traumatised.
Divorce Settlements can be quite costly and it has shown that it affects men more than it affects women.
Recent studies done by a Queensland University of Technology professor have shown that when it comes to divorce, the level of devastation an Australian male felt is equivalent to if he has lost $110,000. The Australian women on the other hand, would only feel as though she had lost $9000.
The study done by Professor Frijters also showed that men were much more affected by life events than woman. The reason? Uncertain. But it does show that money has a greater effect on happiness than previously thought.
Professor Frijters comments, “''Losing or gaining money can offset the effect of other life events quite well, and that is what we are formally looking at - the amount needed to offset an event or keep someone happiness-neutral''.
It is always better to seek professional advice when it comes to divorce settlements to not only alleviate the stress and pressure involved by being provided a direction and approach from the beginning as well as after the settlement completion.
There are a number of family law firms in Brisbane, Australia that can assist during the stressful and traumatic times of divorce. Family LawCare Solicitors and Advocates in Moorooka for example, have Family and Divorce lawyers who have expertise in providing Financial Agreements between Married and De Facto couples.
You are never alone during difficult times like a divorce. There will always be help.
