Category money management
Most of us think we can’t save because there isn’t enough money to get by on, so how can I put any money in a place where I won’t have it?
I’ve found that life is filled with one lesson after another. And like most lessons they aren’t easy.
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.
All the wise people I know have financial sense. They understand how to manage money. They understand how to add and subtract. You cannot subtract more than you add to your bank account. Spending more money than you have is not acceptable. Money is simple. It is a commodity of exchange we receive for our time, our skill. So why do so many have so little financial sense?
F – Finan-Sense Editorial as it appeared in the Beaumont Enterprise December 22, 2019
Money is one of the most difficult topics for single mothers and others who struggle to keep afloat. I hope this little list helps.
Of all the troubles the single moms I coach have, money tops the list. I’ve read that 90% of single moms in the U.S. are on welfare. Single mothers are more likely than any other group to fall into poverty. Well over 33% already have. Depressing, huh?
Managing Money If you do not have a job or a steady income a budget may be the least of your concerns. You may not be in the position to consider paying off debts or saving because you are financially dependent on others. Perhaps you are on welfare and food stamps. There are times when it […]
Single Moms Never Have Enough Money Here’s a Bite of Soul Food Click above for link to brief audio message Gail raised three children as a single mother before she remarried. She has experienced the potholes, pests, and perils of being the single head-of-household. As an educator in regular and special education for twenty years […]