Money Tips for When You Have Little Money

Managing money is one of the single hardest things about being a single mother. That and time management top the list. Though it’s tough, you can do it.

As a single mother myself, for many years, I recall spending hours going over budgets each month, determine how I could make ends meet. Sometimes they just refused.

Planning is the key. You may think it doesn’t matter because whatever you have is well, all you have. And I want you to look at a little differently. Even living with very little you can plan.

You can plan:

• Make lists of where every dollar goes
• Signup for average monthly billing of utilities
• Identify costs that are not necessary
• Talk to a banker about financial reviews (Most banks offer this.)
• Create a plan for the future
• Save, if even $5 per paycheck
• Join a Christmas Club through your bank
• Shop at your local resell shop
• Buy what you can at the dollar store nearest you

   I raised three children as a single mother before I remarried. I have experienced the potholes, pests, and perils of being the single head-of-household. As an educator in regular and special education for twenty years I know a great deal about child development and how to handle kids. I am the founder of SMORE for Women, a nonprofit whose goal is Single Moms, Overjoyed, Rejuvenated, and Empowered. I'm a Certified Professional Coach and my stories have been published in several books and magazines. My book, Living Learning Loving is available on Amazon.