Single Moms and their Money

It’s often been said that being a single parent is one of the hardest jobs on the planet.  Without another adult to share responsibilities for parenting, running a household and financially caring for a family, the burden can be weighty.  And for single mothers who have duel demands of parenting and work, while also earning significantly less than their male counterparts in the workplace, the financial strain can be overwhelming.

If you are a single mother, take heart.  There are millions of women in your same situation.  In fact, according to the U.S. Census Bureau, there are approximately 10 million single mothers. 

While being a single parent can be a very lonely job, it is not a job that you need to take on entirely by yourself.  This section is designed to provide you with the framework you may need to think and make decisions about your and your family’s financial future.