Single parents struggle to support families on less income Share this story:
Tweet 26 Shares I am not even one year into single motherhood and although I have already experienced a wide range of emotions and frustrations, I know my journey has just begun. My number one goal is and always will be to look out for the best of interests of my daughters.
All you can do is move forward and be the best you can be. There Will Be Struggles Through the comments and emails that I have received from other single mothers, I know how hard it is for a lot of single mothers to stand on their own two feet.
I was fortunate enough to come out of my marriage without any debt and a little bit in savings. My expenses have been fairly low and up until now I have brought in enough money to meet those expenses without touching my savings. I have not been a single mother for very long.
One thing I am almost certain of is that I will have some sort of financial struggle at some point. Women still make less money than men doand as single mothers we are relying on ourselves.
Struggles are a given. I also had my girls in mind when making this decision. I was not only financially protecting us but I was keeping them very close to their Grandpa and Uncles.
By incorporating short term sacrifices in your financial plan you can help free up some extra money and with time the sacrifice gets much easier. I had originally budgeted to get cable when me moved to the trailer but truth be told we have done just fine without it.
When they are ready for bed they get to pick one and watch it. Make a plan and cut back slowly if you are struggling financially. Several small budget cuts are a lot less noticeable than one large one.
Let them be kids — carefree, creative, and fun. Talk in a positive tone about money.
Show them the value in working and saving. Ultimately cherish and enjoy every moment with them. How do you set a good financial example for your kids? Any single moms have tips or thoughts to share?
You can read more Womens Money Week posts on family and money here.Shielding Children from Financial Struggles as a Single Mom. This post may contain affiliate links.
I grew up in a single parent home and I think my mom was so concerned about money she never bothered to teach us about it- if that makes any sense at all?!
I WISH someone had taught be about the responsibilities involved with money. An Endless Financial Struggle? For many single parents, it can feel as though there is just never enough money. No matter how hard you work or how many hours or how many jobs, the income just cannot cover the expenses.
Acting as the sole provider for your children, with no spouse to turn to for monetary support, can create a number of financial challenges. As a single parent, you must plan ahead to manage all financial .
If you are a single parent, or if you are considering supporting a single parent family, please know this is one of the most meaningful things you can do.
Below are some of the real challenges of life as a single parent in America regardbouddhiste.comce Mana Single Parent Families Struggle Alone - But Also Struggle in Similar Ways. in Coping (Self. Single Parents & the Struggle to Pay for College. so this should be the first stop for all college students requiring financial aid, including single-parent families.
As I sat down to write more about financial struggle, however, I realized that while the hardships that we single parents face can be economic realities, how we react to those realities is largely a matter of choice.
We do not have to agree to be part of the struggle.