by Michele Cagan | Dec 14, 2017 | Making Ends Meet, Managing Debt, Protect Your Financial Future, Single Mom CPA
A few days ago, a single mom friend of mine came to me with a problem: Her credit score kept going down even though she was paying her bills on time. I took a closer look at her situation and diagnosed the problem quickly: Her credit utilization – meaning the amount...
by Michele Cagan | Oct 30, 2017 | Making Ends Meet, Single Mom CPA, You Need to Know This
3 Important Reasons Single Moms Should NOT Use Debit Cards Just a few days ago, my sister’s debit card was stolen. Within three days, the thieves has used it in 16 stores and spent more than $4,000. And because it was a debit card, that money all came straight out of...
by Michele Cagan | Jun 28, 2017 | Making Ends Meet, Managing Debt, Single Mom CPA, You Need to Know This
I was one day late – literally one day – with my credit card payment. I’ve had the card for more than 10 years, and never been late before. But the last few weeks have been really crazy around here (sick mom and sick kid, plumbing disasters, etc.), and in all the...
by Michele Cagan | Jun 12, 2017 | Making Ends Meet, Saving and Investing, Single Mom CPA
Why Single Moms NEED emergency savings You already know part of my unfortunate last week (sick kid, sick me, hot water heater snafu). But that’s not where the “oh, no” ended. It’s so crazy, it almost sounds made up…but this all really happened. My son was still...
by Michele Cagan | Jan 26, 2017 | Getting Divorced?, Making Ends Meet, Managing Debt, Single Mom CPA
There’s so much going on during a divorce that it’s easy to overlook things that aren’t problems yet … like your credit score. Getting a divorce doesn’t do anything to your credit by itself, but sometimes the aftermath can damage or destroy your credit. That can...
by Michele Cagan | Dec 21, 2016 | Making Ends Meet, Managing Debt, Single Mom CPA
Single moms fight constant cash battles, trying to stretch every single dollar almost further than it can go. And sometimes – a lot of times – our cash falls short of what we need. When you are barely scraping by, running out of money between paychecks, the lure of...
