Financial Advice For Single Mothers

Financial planning is a difficult process that takes time to perfect. Find advice and information to help you with your financial strategy in this section.



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 [...]

Plan on Routine Maintenance – Everyday!

Thumbnail image for Plan on Routine Maintenance – Everyday! May 12, 2011

One of the most sensible pieces of financial planning advice is one that is most often ignored. It’s simply to ward off as many high cost financial crises as possible. This is done by routine inspections and maintenance in every area of your life. A single mom knows how important it is to bring the [...]

Valuable Financial Advice or Just Another Opinion?

Thumbnail image for Valuable Financial Advice or Just Another Opinion? May 4, 2011

There are a lot of resources on financial planning for a single mom who is looking for advice. It seems that the news shows and magazine articles never run out of financial experts to quote and the internet can give you pages of links to information on how to manage your resources. Parents, neighbors and [...]

Everything You Need To Know When Choosing a Financial Adviser

January 8, 2011

Choosing a financial adviser is very important as you rebuild your financial future. While there is a plethora of free financial advice on the Internet and in your local library, you may be at a point sometime in your life where you need to hire a professional to help you with your finances. As a [...]

Buying or Renting: Which Is Better For Single Moms?

December 16, 2010

As a single mom buying or owning your own home may be the American Dream, but if you cannot afford it, it is not a good idea for you. However, spending money month after month on rent can feel as though you are throwing your money away. If you are a single mom and you [...]

Managing Your Finances And Saving Money At The Same Time

Thumbnail image for Managing Your Finances And Saving Money At The Same Time December 8, 2010

Managing your finances can be a tricky thing for anyone. But when you’re a single mom juggling work, kids, and everything else, managing your finances can be especially stressful. As the sole person responsible for paying bills and saving for the future, you need to be organized. You’ll definitely have to set, and stick to, [...]

Need Financial Help During A Recession?

December 4, 2010

Economics is not a complicated topic when viewed in a broad sense. The economy can either do well or do poorly. When it does well, prosperity lasts for a while, but it almost always slows down and starts to do poorly again in the future. Then, it will swing back up again. Those times of [...]

Tips for Buying a Home on One Income

September 8, 2010

One of the biggest challenges most single moms face when it comes to buying a home is the fact that they need to buy on just one income. Most new home buyers have at least one full time income and one part time income, but a single mom only has her income. Here are some [...]

Financial Help for Single Mothers – Start With a Plan

October 22, 2009

Everything worthwhile begins with a plan, and that’s what you need if you are a single mother. By this point you are probably great at planning — you’ve got to plan your day-to-day life, the future of your life with your kids, and even what your kids are going to do with their own futures. [...]

Money Managing Tips When Times Are Tough

April 20, 2009

Whether it is the current national economy or your own personal financial situation, you are likely going to face difficult financial times at some point in your life. Knowing how to handle this ahead of time will protect you from potential financial ruin. Here are some tips for money managing  in a difficult time. First, [...]