7 Money Tips for Single Moms

by | Apr 27, 2009

The relationship between single moms and money is turbulent. Her struggle to get more to take care of her family seems endless and the more she tries it seems the more illusive it becomes. But a bigger issue with money is how to manage what she has and discover new ways to get a little (or lot) extra.

Here are seven tips for single moms that may make the relationship more agreeable: (more…)

Insurance Must-Haves for Solo Parents

by | Apr 24, 2009

For many people, insurance is a big part of their financial plans regardless of their status. But for a single mom like me, it is a necessity. If there is anything that single parents shouldn’t be without, it’s a contingency plan. Having only one person taking care of the family means there is hardly someone else to fall back on if something goes awry. This is where insurance comes in as the family’s safety net.

Before I discuss the types of insurance single parents need, it is first important to determine how much of your pay you can allocate for insurance premiums. (more…)

Side Hustle Round-up

by | Mar 4, 2009

sidehusseriesOver the last few months I’ve been sharing ways to make extra money on the side. I’ve covered most interests but there are still many more to consider.

If you got a copy of the Side Hustles for Single Moms ebook, you know that there are over 200 ways to make extra money. But repetition always leaves an impression so I’ll review a few of the past side hustles now. (more…)

Simple Savings Tips for Single Moms

by | Feb 6, 2009

Now this is an interesting story I read on CNN.com about ways to make money. Remember the change jar side hustle? Well I’m not the only one with this idea. In New York one family has made it a family affair. They pick up any coins they find on the streets, even in the snow. Now that’s dedication!

Even though the whole collecting change idea is not new, it is gaining popularity these days. Found money can come from many sources and its fun to see how much you can collect. (more…)

7 Steps to Economic Empowerment: It Begins Between the Ears

by | Jan 22, 2009

The goal of Rich Single Momma is to empower single moms to live a balanced life starting with their money. Because money is usually on the top of the list of concerns this is naturally the best topic to cover during the first part of this New Year. But is it really about the money or something more?

The way I see it, it is about empowerment. For many the relationship with money is a love/hate relationship. We need it all the time, love it when we have it, and hate it when it’s out of our reach. To be empowered when it comes to money is to change our thoughts about it and come to an understanding that will benefit you. Here are seven tips for economic empowerment and a better relationship with money: (more…)