Budgeting

You may be wondering “Why do i need to budget when i have no money to budget?”. Well believe it or not, because you don’t have a large disposable income as a single parent household with one source of income, it is even more important for you to keep track of where your money goes. […]
Money is an important tool to help us achieve our dreams in life. Without it, we could be homeless, hungry and unhealthy. Everything we do requires money so it is important to set goals to make sure we achieve our vision. Perhaps you have a vision board that helps you to articulate what you want […]
Being a parent is arguably one of the toughest jobs to have in the world, it’s even harder being a single parent. Having only one income to support your family and likely not even a high annual salary at that, you must develop good financial management habits to stay ahead. It’s never too late to […]
7 Ways to Control Your Spending The temptation to buy is all around us. If you’re a spender, you’ll find it hard to resist the temptation to reach for your credit card every time you want something. You have trouble separating your wants from your needs and struggle to pay off the full balance on […]
Financial success is not determined by the amount of money you make, but it’s what you do with what you make that will determine whether you achieve your financial goals. If you eat out too often or you have impulsive buying habits, it may take you longer to save towards your goals. If you tend […]
Mother’s Day doesn’t have to break the piggy bank each year. After all, the best things in life are free. So kids listen up! If you can’t afford to buy mom that fancy, thingy majigger that she always talks about, give her an experience that is heartfelt, meaningful and free. Parents don’t expect their kids […]
When you find yourself feeling overwhelmed and stressed from the incredible amount of responsibility of a single parent, it’s time to take a break! Perhaps you’ve refrained from social activities because you know there is a cost involved. There are tons of activities that require little to no budget at all. The most important thing […]
Now that Christmas is over, we can finally recover from the holiday shopping blitz. It seems that no matter how much I tell myself that I will not overspend, I never stick to the program. So, I find myself scrimping for the next three months following Christmas. For a single parent living on one income […]
Christmas is an expensive time of year. No matter how much we try to save throughout the year, we still find ourselves spending beyond our budget. With Christmas ad campaigns on radio and tv encouraging us to spend, spend, spend, it’s no wonder we go into debt to satisfy gift giving expectations. Your kids’ wish […]
Imagine getting hit with an unexpected cost like a car repair that will cost you thousands or a medical bill that’s not covered by your insurance. What if you suddenly lost your job? Do you have enough to survive the next few months? For those unanticipated expenses, an emergency fund or a “rainy day fund” […]