Tag

Credit

How to stay sane during the summer and not go broke

How Single Moms Can Stay Sane and Not Go Broke During the Summer

In Finance

According to a survey by TODAY Parents, 44% of parents think that summer is more stressful than the rest of the year. There is another study by Seeker that shows that during the summer months stress increases because of pressure to keep children occupied, extended family time, managing busy social calendars, packed weekends, and work piling up after an extended vacation. I believe that summer vacation can be even more stressful for single moms because of the added stress of finding affordable and reliable childcare. There’s also increased financial stress from the pressure to figure out educational, enjoyable, and safe…






Continue reading...

Why Tax Time Is A Great Time For Single Moms To Catch Up On Their Financial Goals

In Finance

Did you know that about 8 out of 10 tax filers will receive a refund with the average refund being $2,800 (CNN Money)? If you are a person who expects to receive or has received a refund this year, then now is a great time to use your tax refund to catch up on your financial goals and priorities. If you take the time now, you will reduce your stress and have more money to do things later in the year. For example, there was a story that went viral about a single mom making minimum wage who used her…






Continue reading...
is-your-single-mom-guilt-affecting-your-kids-your-money-your-life

Is Your Single Mom Guilt Affecting Your Kids? Your Money? Your Life?

In Faith, Finance, Phenomenal Living

Sometimes the thought of being a single mom, especially an unexpected single mom, is enough to shut down emotionally. I know because I have been there.   I am a single mom of twins and I was left during pregnancy, so I understand the deep emotional strain of becoming a surprise single mom. However, it is important to not just avoid shutting down but also not to establish bad emotional and financial habits that will impact your children. The first thing to do is to recognize that even if you feel alone, you are not.   According to the Census, 10 million…






Continue reading...
holiday-budget-101 what you do and do not need to buy for your kids

Holiday Shopping on a Budget 101: What You Do and Do Not Need to Buy for Your Kids

In Finance, Phenomenal Living

The holidays can be deeply overwhelming as a single mom. It can be difficult if money is tight and it may serve as a reminder of the other parent’s absence. Sometimes we think that it is our job to love or provide for them times two. At one point, I shared with a friend the pressure that I felt as a single mom. I felt like I had to be both parents and make up for the fact that their dad walked out. I told her that I never wanted my children to feel his absence. She told me that…






Continue reading...
Securing Mi Financial Future

Event Recap: Securing Mi Financial Future

In Finance

I had the pleasure of speaking at the Securing Mi Financial Future on October 5th. I spoke about creating a vision for your life, conquering debt, increasing your savings, and building a legacy for your future.   After I spoke, I sat and listened to the other speakers. Although I am a financial educator, I love to be a student as well, so I can learn more about how I can improve the financial health of my family and serve my Phenomenal Moms even more. Here are some highlights from the sessions:   Align Your Finances With Your Vision: Aisha Taylor…






Continue reading...