Single Mom Guilt Spending Undermined My Finances

Single Mom Guilt Spending Undermined My Finances

How I identified those emotional triggers and stopped overspending More than 100 Lego sets live in my house. Dozens of action figures, thousands of Pokemon and Yugioh cards, and plenty of board games keep them company. My son has built, played with, and loved all of these toys. But he would have been just as happy if he only ever had a fraction of them. In fact, he never even asked for a lot of the stuff he has. It came from me, and my feelings of single mom guilt. I never wanted him to feel like he was deprived…

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Before You Sign a Loan Agreement…

Understand All of the Terms & Conditions Please Note: There are affiliate links in this post that I may or may not profit from.  If you’ve ever applied for a loan and been baffled by the papers you had to sign, you’re not alone. Those documents were created by lawyers working for big banks and lenders, and they’re stuffed with confusing, unfamiliar language – especially if you’re a first-time borrower. These contracts spell out exactly what you and your lender have agreed to, including: Your rights and responsibilitiesThe lender’s rights and responsibilities (which vary depending on the type of loan)What…

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Watch Out for Predatory Lenders!

And what to do if they’re your only option Please Note: This article contains affiliate links that I may or may not profit from. Legal loan sharks are  now actively targeting people affected by coronavirus. They promise emergency relief – sometimes actually calling it Covid-19 financial relief – to people who are running out of cash. But their “help” comes with an enormous financial downside that can trap you in a nasty pit of forced continuous borrowing. Predatory lenders take advantage of desperate people who are struggling to buy food and pay rent. Unfortunately, millions of Americans are stuck in…

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These 5 Budgeting Myths Threaten Your Financial Security

The truth about budgets brings financial freedom Budgets are a single mom’s best financial friend – hands down. Kids are expensive, and it’s even harder to make ends meet when you’re working with one income. That’s where budgets come in to save the day. Unfortunately, just the word “budget” can turn people off. And the idea of having to deal with a budget can make an already overwhelmed single mom shut down. That’s because many people have the wrong idea about budgets, and think they’re are all about cutting expenses… sacrificing fun… and getting bogged down with time-consuming spreadsheets. The…

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Help! The Credit Card Company Lowered My Limit

What to do if your limit was lowered or your card was canceled When you’re stuck in a financial crisis situation, credit cards can give you some extra breathing room. That’s especially true if you’ve already burned through your emergency savings… slashed your budget to the bone… and done everything possible to bring in more money. Right now, millions of single moms are stuck in this impossible position. We don’t want to run up debt with so much uncertainty around, but we have to take care of our families. So we’ve been relying on credit cards more to buy the…

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