Whose Lifestyle Is It Anyway?
In many cases, the financial minutia of the dissolving marriage may be examined in the form of a "lifestyle analysis," but is it really necessary, and does the cost justify the benefit?
July 24, 2017 at 10:25 AM
9 minute read
While dependency, visitation, and other family related issues should be the most important ones, invariably the financial aspects take over. We see disagreements on everything. In many cases, the financial minutia of the dissolving marriage may be examined in the form of a “lifestyle analysis,” but is it really necessary, and does the cost justify the benefit?
First, let's define “lifestyle analysis.” According to BusinessDictionary.com, “lifestyle” is defined as:
A way of living of individuals, families (households), and societies, which they manifest in coping with their physical, psychological, social, and economic environments on a day-to-day basis. Lifestyle is expressed in both work and leisure behavior patterns and (on an individual basis) in activities, attitudes, interests, opinions, values, and allocation of income. It also reflects people's self-image or self-concept; the way they see themselves and believe they are seen by the others. Lifestyle is a composite of motivations, needs, and wants and is influenced by factors such as culture, family, reference groups, and social class.
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