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single mom

dominique-broadway-push-money-matters

Rainbow Push Money Matters Event Recap + Key Knowledge Nuggets

In Finance

I had the pleasure of attending the Rainbow Push Money Matters event in Detroit, MI this weekend. For background, the Rainbow PUSH Coalition and Chevrolet have teamed up to host a series of FREE workshops to educate African American consumers on financial literacy and assist participants in developing concrete steps toward financial security. This event was phenomenal. Although I teach personal finance and mentor women, there were so many words of wisdom that I was able to obtain from this event especially since I’m going through a transition to restructure my finances and create new goals since becoming a single…

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How Single Moms Can Build Their Support Network

It Takes a Village: How Single Moms Can Build A Support Network

In Phenomenal Living

  Building your support network as a single mom is critical. No one can do it all, and as single moms, we feel like we are expected to do everything. A friend told me that this generation of parents is really the first generation that believes that we have to do everything. We work, take care of the home, take our kids to activities, review and help with homework, and everything in between without asking for help. As a matter of fact, another friend posted on social media about how her mom was coming over to help her with her…

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For Black Women Challenges Persist for Equal Pay

For Black Women, Challenges Persist for Equal Pay

In Finance, Phenomenal Living

August 23rd is African American Women’s Equal Pay Day. This date represents the approximate day that black women must work to in the current year to make the same amount of money men did in the previous year. In other words, the equal pay calculation means that a woman must have worked all of one year and eight months to be paid what men were paid in one year alone. This underscores the fact that professional challenges still exist for African American Women today. These challenges include: Race-based pay discrimination: According to the National Committee for Pay Equity, Black women only…

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why self-care matters with personal finances

How A Mini Health Scare Taught Me Why Self Care Is Linked To Financial Wellness

In Faith, Phenomenal Living

I was running around trying to pack and get organized for a road trip and then all of a sudden I felt dizzy, light headed, and shaky. It felt like my blood sugar had dropped and I had to rush to get something to eat to feel better. It wasn’t the first time this had happened and earlier that day a friend of mine admonished me to take better care of myself. She praised everything that I was doing for the twins (cloth diapering, breastfeeding, and making my own baby food), but she cautioned me that everything that I was…

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What you need to do with your personal finances to be successful in business

Get Your Personal Finances Right: The Financial Steps You Need to Know Before Starting Your Business

In Finance

Starting a business is a way to increase your income and also pursue your dreams. However, what many people don’t realize is that your personal finances may impact your ability to grow a successful business for the following reasons: Obtaining a business loan and credit. If you are trying to apply for a business loan then the bank may look at your personal credit if you do not have sufficient business credit history or if you are a sole proprietorship. Funding your business. If you need to allocate a portion of your paycheck to help fund your start-up, then you…

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