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Finance

How To Cope With Your Finances As A Single Mum

How To Cope With Your Finances As A Single Mom

In Finance

Finding out that you’re going to be a parent is one of the most exciting things that you can go through. A whole range of emotions fills your body as you imagine those tiny little feet and all of the cuddles you’re going to give your baby once they are born. However, if you’re a single parent these emotions can be clouded by worry about how you’re going to cope financially once the baby is born. On average, the cost of raising a child is over $200,000, and that’s a scary figure to try and find when you’re not exactly…

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In this podcast we will discuss How Having A Now Mindset Can Impact Your Money. We will discuss what single moms can do to manage their money with a longer term focus.

How Having A “Now” Mindset Can Impact Your Money

In Finance

Do you feel like a great SALE pops up every time you make a commitment to save, invest, or manage your money better? You feel like you work hard so you deserve to treat yourself? Does the thought of working hard but not being able to splurge on yourself and your children seem restrictive? You work hard.  Actually, you work very hard. The thought of rewarding yourself for your hard work or doing something extra for your children is so tempting.  I know how it feels to get a little extra and want to use that to buy something for my twins, to…

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This Podcast Episode Explores How Single Moms Can Start Investing Without A Lot Of Money. Aja McClahanan of Principles of Increase joins Aisha Taylor to talk about how to get started with DIY investing.

How To Start Investing As A Single Mom

In Finance

Do you think that investing as a single mom is impossible? Do you think that you don’t have the right knowledge or enough income to get started? In today’s podcast, Aja McClahanan of Principles of Increase joins the Phenomenal Moms Podcast to talk about how to get started with investing. In this podcast episode we will cover: What are things that people need to know and be comfortable with before they start investing How can someone know if they are ready to invest Do people need a lot of money to get started What things you can do right now to start…

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How to Save Your First or Next $1,000

How to Save Your First or Next $1,000

In Finance

A common question that I get from single moms is, “How do I build a savings account?”  Starting a savings account can seem difficult and in some cases impossible. Not having, at minimum, $1,000 leaves families exposed to financial disaster if the unexpected strikes.  However, it can be hard to know where to start saving, how to come up with the money, where to put the money that you plan to save, and when it is possible to even start saving.  The thought of saving can seem like a faraway dream.  However today we will be answering those questions.  In this podcast…

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Why Becoming A Single Mom Can Be Great Financially

In Finance

Are you terrified that becoming a single mom could mean financial ruin? When you think about finances, do the feelings of fear and worry start to creep up? If the answers to these questions were “yes”, then you are not alone.   I will never forget the doctor telling me that I was pregnant with twins. The first thing that came to my mind was, “What am I going to do now?”  I was afraid, and I felt the panic creeping into my body.  I felt fear, worry, and pressure because I asked myself,  “Now what?” and had no response. It took me…

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