In the unpredictable economy of the 2020s, it’s more complicated than ever for single parents to stay on solid financial ground. Moms who are raising kids need to build long-term security from the very beginning. Fortunately, there are numerous ways to bridge the gap between survival and success. Working parents who invest in the stock market can assemble a portfolio of securities that deliver excellent results.
Another wise move is to refinance student loans to reduce payments and have more money available each month. Moms who get rid of high-interest credit card debt do themselves a favor by minimizing the financial impact of short-term borrowing. Women who start small businesses on the side can bolster their income and save even more. Here are pertinent details about the most effective money strategies for today’s busy mothers. [Read more…]