Raising kids takes a lot of time, patience, love, and of course, money. Life as a single parent is a great deal of work, and you play multiple roles in the rearing and nurturing of your children. Budgeting and financial planning is a challenge for numerous people regardless of their marital or income statuses. As a single parent, however, you don’t have much wiggle room for mistakes. Your children are completely dependent on you for their well-being. Whether you’ve become a single parent because of the death of a spouse or partner or divorce, it’s understandable you might be completely overwhelmed. While there’s so much going on day-to-day it’s vital you don’t let your finances slip.
Here are six ways to always make sure you are a step ahead and generate a stable financial future.