Financial Planning For Single Mothers

financial planning

Being a single mom, planning and managing your financial situation can be stressful. Not only do you have to budget for monthly expenses like your phone and electric bills, but you must plan for the future, including emergencies like natural disasters or job loss, life insurance, savings, and investments. Budgeting is a daunting task for many people, but it is important to learn how to manage your money so that you can save money for when you need it and have enough for the essentials when the time arrives.



Scams to Avoid When Buying Cars

February 3, 2012

Buying cars is a must and many people are not always for the dealership option. Everyone is in search for a good deal. Another car buying option for single moms is buying a car online. Buying cars online can be a great convenience for people, but often times there are many scams also involved. Since [...]

How to save money on purchased Airfare tickets

September 7, 2011

You may be wondering what happens if the price of airfare falls after you purchase the ticket. Many people buy their tickets in the off-season to avoid the high prices, but if the ticket gets cheaper after you have made the purchase, a refund can be possible. Many airlines do allow you to get the [...]

Burial Insurance

September 1, 2011

Your family will be faced with immediate expenses if you die suddenly, and you can ease some of the stress on your survivors if there is a way for them to pay for them as they occur. One of the options is a special type of life insurance policy that is available to make sure [...]

Time for Change

August 29, 2011

  How many coins do you think you have lying around? This would include the coins at the bottom of the basket that you use to organize the odds and ends that accumulate in every room. Don’t forget the loose change that ends up between the furniture cushions when they escape from pockets. Vehicles are [...]

Using an HSA to Your Advantage

August 6, 2011

If you have a high deductible health insurance plan, one way to help improve your financial situation is by using an HSA. And HSA, or Health Savings Account, is a special type of savings account that allows you to set money aside to be used in the future for your medical expenses, and receive a [...]

Investing with Small Amounts Is Possible

August 1, 2011

Have you been putting off investing because you think it requires a huge sum of money at the outset? If so, you could be missing out on an important monetary opportunity. Investing with small amounts is absolutely possible, and for the single mom, it may be the only option. Even if you don’t have thousands [...]

Financial Planning is More than Investing

Thumbnail image for Financial Planning is More than Investing July 11, 2011

When it comes to financial planning, there is more involved than where you put your hard earned money and how you pay off your debt. The way you live your life and the positive and negative areas of your life style have a big effect on your financial future, but are never thought about as [...]

Stretch Your Gas Budget With These Great Tips

Thumbnail image for Stretch Your Gas Budget With These Great Tips July 8, 2011

A single mom can’t do much about the price of gas, and each time she fills the car it takes more money. The amount in the monthly gas budget may be used up by the time the month is only half over, but mom still has to get to work and run her errands. To [...]

Demand Investment Information Before Finalizing an Agreement

Thumbnail image for Demand Investment Information Before Finalizing an Agreement June 13, 2011

No matter what type of investing the single mom decides on when planning for her financial future, she has to remember that it’s her responsibility to do the research and be comfortable with her decision. Investing is a risk. There are no promises; otherwise everyone would be making a lot of money with their investments. [...]

Bank Mistakes And The Best Solutions

Thumbnail image for Bank Mistakes And The Best Solutions June 3, 2011

While we would all like to believe that our bank is not going to mess up our money, the fact remains that banks do, in fact, sometimes make mistakes. Bank mistakes can cause serious problems for your budget, so learn what you need to do about them before they occur. First, keep copies of your [...]

← Previous Entries