10 Things Every Single Mother Should Know About Money Management – Part 3


Hey Mama:

Hopefully, you read 10 Things Every Single Mother Should Know About Money Management Part I and 10 Things Every Single Mother Should Know About Money Mangement Part II; if not, read those first:-)

#7 Your Credit Score Is Important–And It’s Not
Credit-Check-Credit-Score-No-Single-Mama-Drama-bad-credit-poor-credit-score-Fix-Credit-Credit-Repair

Almost every financial guru will tell you that your credit score is uber important–after all, there are so many consequences of having bad credit, including:

  • BEING DENIED EMPLOYMENT BASED ON POOR CREDIT:
    You might get denied employment based on dis-qualifiers on your credit report, which each employer determines individually. And, while Federal Law allows employers to check your credit during the employment process, these 10 states have outlawed employers from doing so.

    Most states, however, allow employers to check your credit. In states that allow these types of credit checks, an employer MUST get your signed consent. BUT employers do not get all the information on your credit report. Your credit score, for instance, is not shown to employers but other disqualifying criteria might be.

Continue reading

10 Things Every Single Mother Should Know About Money Management – Part 2


(4) Your Money Mindset Determines Your Wealth

10-Things-Single-Mothers-Should-Know-About-Money-Money-Mindset-Single-Mother-Budget-Budget-Planner.png

Ever heard the saying mind over matter? Well, when it comes to personal finances, it’s MIND OVER MONEY! How you think, feel and use money is determined by your money mindset. Whether you’re a tightwad or a spendthrift, it all starts with your thoughts. Negative self-talk, especially if it is money related, is the quickest way to self-sabotage your personal finances.

Continue reading

THREE PERSONAL FINANCE EXPERTS FOR SINGLE MOTHERS TO FOLLOW


Aside from your kids, money may be top of mind most of the time. Taking control of your finances can be a daunting task, but it doesn’t have to be. With a little help, you can get useful information on how to make, manage, save and grow your money.

HERE ARE THREE PERSONAL FINANCE EXPERTS FOR SINGLE MOTHERS (not listed in any particular order):

#1 Dave Ramsey – (Podcast/YouTube) The sometimes controversial author of the best-selling and highly rated author of  “The Total Money Makeover” and “Financial Peace University” has a podcast and a YouTube show, The Dave Ramsey Show . On this show, people call in with real-life money issues, asking for advice on how to turnaround their financial situation. Sometimes these cases are extreme, like being $400K in student loan debt or paying $1K a month for a car note. You will learn a lot from watching this show or listening to the podcast on a regular basis.

Continue reading

10 Things Every Single Mother Should Know About Money Management – Part 1


Mead-Budget-Planner-Expense-Tracker-Money-Manager-Budget-Organizer

As a single mother, one of the most challenging areas to deal with is money – or, to be more accurate, the lack of money.

Not every single mother is struggling financially, but I was and, from the many comments and questions about money on I get on this blog, I know many of you are, too.

Whether your financial struggles are due to not making enough money, not managing your money effectively – or, in a worse scenario, the combination of the two:

No/Low Income + Money Mismanagement = FINANCIAL DISASTER

Continue reading

Five Side Hustles You Can Start Today:


Five Side Hustles You Can Start Today:
Updated 06/16/18 – new videos

Side-hustle-entrepreneur-side-hustle-ideas-how-to-make-extra-cashFirst, let me define what a side hustle is and what it isn’t, as far as I’m concerned, and how I use it on THIS BLOG:

The term side hustle comes from the African-American community, and it was used to describe side work for extra money that was entrepreneurial in nature.

So, a part-time job is not considered a side hustle. With that said, when I use the term “side hustle” on this blog, it’s with the original meaning in mind: a way of making extra money outside of your regular job that is entrepreneurial in nature.

Continue reading