Archive for Wealth

RichSingleMomma.com Road to financial freedom

A few years back I was sitting in my 2-bedroom apartment unemployed. I was not doing too badly, but I could do a lot better. I was on Section 8 housing, getting food stamps (now called SNAP), and broke. This was shortly after my daughter was born and I had quit my courthouse clerk job. Fortunately her father made sure the child support was on time so I at least had something coming in.

I sat at the table and thought about where I wanted to be in a year, in five years. One thing I knew, I didn’t want to be in the same apartment and living the same life. Continue reading “How My Journey to Financial Freedom Began” »

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Categories : Wealth
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US News College RankingThis morning the US News College Rankings were published to a very hungry group of would-be college students. Harvard, Princeton and Yale top the list and a few rose in rank.

But does this list affect a single mom’s choice of schools? I dare say not very much.

But that doesn’t mean you, as a single mom, shouldn’t look at that list. Continue reading “Does the US News College Rankings Affect College-Bound Single Moms College?” »

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Single Mom Blog Richsinglemomma.comThe following is a guest post

Do you feel like you’re living hand to mouth, never having any spare cash for yourself once the bills have been paid? It may be time to step back and take stock of your finances. Many of us scrimp and save on everyday things yet pay for cable TV or broadband internet without batting an eyelid. Often we don’t realise just how much we’re paying for these “luxury essentials”, as I like to call them; perhaps because it’s usually a fixed amount per month which we’re used to paying. But no matter what your lifestyle or level of income, there are ways of making more money, or making what you have stretch further.

Clear Out and Make Cash!

The first, and perhaps the most popular, is the garage or yard sale. One woman’s junk is another woman’s treasure, as the saying goes, and it is certainly true in this case! I recommend a total clear out of your home, garage and attic, collecting up anything and everything which either hasn’t been used in the last 6 -12 months, or that you’re not likely to use again. If it’s electrical, make sure it still works and fit new fuses in the plugs if necessary (a little expenditure here will pay for itself later). Wash clothes, polish shoes and make sure all the pieces are in the board games. Ask friends and family if there’s anything they want rid of, that you can sell for them at commission.

Once you got a decent amount of ‘stock’ it’s time to prepare for your sale. You should advertise it in the local papers at least 2 weeks in advance, and see if you can get your neighbors involved too. More stalls equal more buyers! Price everything clearly and reasonably, but don’t be surprised if people will try to haggle even the cheapest items. Even getting a single quarter off the price of something makes a buyer feel like they’ve gotten a bargain! Continue reading “The Money You Never Knew You Had” »

Categories : Side Hustles, Wealth
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