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Expect Your Financial Picture to Change

Budgeting and Single parenthood go hand in hand. Sure, there are those celebrity and wealthy single parents but I’m willing to bet that most of us here do not fall into that category! Still, all that budgeting and financial stress can get us down after a while. As a word of hope I want to remind you that you can expect your financial picture to change and improve over time! When we are first adjusting to life a single parent–whether we have chosen to embark on parenthood solo, or a death or divorce has chosen the circumstance for us–it is … Continue reading →

Insurance Blog Week In Review March 13-19, 2007

Insurance Term Of The Week: Underwriter I sure have been finding the Parental Liability Blogs very interesting to write. It seems that we are responsible for a wide range of things our children might do as we raise them. This series has sure made me rethink some of the things I expect from the system. Parenting is a real risk financially and some of the ways we are responsible are interesting. Wednesday, March 14, 2007. Four More Parental Liable Issues Negligent Supervision is a legal theory where a minor child’s parents are held liable for their child’s negligent acts when … Continue reading →

New Series: Interview With A Real Home-Based Professional

For those of us that work from home (or those who dream about it) it is always good to hear about real home-based professionals. Not only is it great to know that we are not alone in the choices and challenges that we face every day, it is inspiring to see what others do for work and how they have been able to make working from home work for them. I am pleased to bring you the first of a series of interviews with successful home-based professionals. I hope that you enjoy learning about them as much as I do. … Continue reading →

Are There Optimal Ages for a Move or Relocation?

One of the questions I get asked periodically by parents, particularly single parents, is if there are ages that it is “better” to move or relocate children and ages where it is less advised. It is interesting because I DO have some experience with this and my own children, we have definitely not always lived in the same place/state/city. I do not think that it is necessarily a black and white situation, however. What I do tell people is that all children and all families are different. Some kids thrive on different experiences and locations while others have a really … Continue reading →

New Jobs

With the coming of the New Year, there is often an interest in throwing out the old and bringing on the new. This common feeling inspires our resolutions, and for some that may involve looking for a new job. Whether you are forced to find a new job due to a lay off or if you just desire a change, keep these following money decisions at the top of your mind. 1. Negotiate Salary Often many new hires are unaware that an initial salary offer is negotiable. This is true for many types of jobs, even hourly. Don’t be afraid … Continue reading →

Considering a Relocation for Work and Opportunity

I have written before about how challenging it can be for a single parent to balance work and family obligations and ambition. We want to do what is best for our selves and our families and it can be tough to figure out what comes first and how to fit everything in. Many single parents eventually face the challenging issue of deciding whether or not to move or relocate to take a better job, go to school, or make other major life changes. For a single parent who might have custody realities to contend with, as well as trying to … Continue reading →

Balancing Security and Ambition for the Single Parent

I think many of us walk a tightrope between clinging to and working for the security of ourselves and our families, and indulging our ambitions and taking those big risks. For a single parent, that tightrope can feel even more precarious—do we focus JUST on establishing and maintaining security for our families, or do we stretch ourselves and give in to our personal or work-related ambitions? And, what if we don’t think we ARE very ambitious—is this a personality failing that will hurt our families in the long run? I confess that trying to establish some security for my family … Continue reading →

A Single Parent on the Job—Part One—Supportive Work Environments

One of the typical realities of single parenthood is that single parents have to work. Now, I know that not all single parents also have to work to provide an income and support for their families, but this is true for most of us. As working single parents, many of us face particular issues on the job related to how we are able to work and juggle our family obligations. I think the most important element to being able to successfully juggle work and family as a single parent is to find a work environment that is understanding and supportive … Continue reading →

How to Budget with a Fluctuating Income

Many families have to deal with an income that changes each month. Whether mom works a seasonal job for extra money, dad is paid on commission, or they both run a business where employee payroll is doled out first, there are many situations where a family’s income is different each month. How should you budget in this type of uncertainty? The key is determining a base amount to rely on and start with as your foundation. This dollar figure will depend on the type of income situation you are in. However, the important piece is finding a base monthly income … Continue reading →

The Family Business

When families think of their personal financial planning, it might be helpful to consider how business companies work and how corporations plan and use their financial resources. With a business the main objective is to earn a profit and efficiently use the businesses capital, to gain a return on the original capital investment. The goal is to achieve a level of success consistent with the level of risk the business assumes. Businesses and corporations, make financial decisions all the time they use their profit funds and the anticipated rate of return to lean many of the choices the make. Take … Continue reading →