It doesnt hurt if you take note of everything that you earn and those that you have to pay.
You can simplify how money flows in your household by dividing your budget into two
portions: inflow and outflow of money. Take note of the sources where you get your income
from and also where your payments have to go. This way, you can keep track of your dues
and other debts.
Being organized never hurts; it makes your financial situation even better. If you can plan
months ahead, then you can adjust your budget if crises ever occur. Proper planning can
ease you the pain.
You have to face the fact that starting out as a single mother can be tough. In terms of
career, it can be difficult to balance family life with your job, and usually you end up with
insufficient money to pay for your dues. This is the time where you have to take other
sideline jobs! Remember that youre dividing time so you should find a job that is easy to
handle yet productive. If you love to write, then why not try online article writing gigs?
Search your local neighborhood for any simple jobs out there to add to your income.
If all things dont work out, make your children understand that they cant enjoy some
things because of lack of money. Keep an open communication line with your children so
that the burden on you would lessen. If you manage to talk to them about your current
situation, they can really understand how you feel and you wont have to deal with any
bursts of anger.
Single mothers should avoid keeping things to them. Your children are involved in
everything you do, so they deserve to be informed. Just tell them firmly but nicely about
the situation. You will be surprised at how understanding they can be.
As a single mother, you should understand the difficulty of being financially secure. Most
single moms are below the poverty level. If you take these into consideration, you can
expect better outcomes in your financial situation.