Single Moms – Improving the Financial Picture

Most single moms will agree that the number one challenge has to do with money. Unfortunately, studies still show that while the gap of income between men and women is getting closer, men still make more money than women do for the same job. Going from a two-income family down to one, and being the individual who makes less can be tough. Obviously, some compromises have to be made and at first, you might feel discouraged and even defeated. Remember, just because things start out financially bumpy does not mean they have to remain that way. To boost your financial … Continue reading

Facing the Lower Income=Lower Self-Esteem Issue

One of the topics that come up again and again when I talk with other single parents is the way we all seem to wrestle with the one income/lower income issue and how it affects our own self-esteem, AND how we worry that it will affect our children’s. We tend to be concerned that if we aren’t able to give our children everything that “other kids” or “other families” have; or that if we aren’t able to live in the right neighborhood, go on vacations, etc.—our children will be at a disadvantage. This can be some heavy stuff and make … Continue reading