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 | Jun 2, 2017 | Building a Nest, Retirement Planning, Saving and Investing, Single Mom CPA
Here’s what most single moms don’t know about investment risk… It’s just as risky not to invest. Not investing poses it’s own set of financial risks, including the chance that your savings won’t be able to keep pace with inflation, and that your money will...
by Michele Cagan | May 21, 2017 | Retirement Planning, Saving and Investing, Single Mom CPA
Women – including many single moms I know and work with – are often hesitant to invest on their own. That’s because no one ever teaches us how to do it, and it can be embarrassing to admit you don’t know how. Plus, the markets can feel intimidating, and there are so...
by Michele Cagan | May 9, 2017 | Owning Your Own Business, Single Mom CPA
Single moms use at least ten crucial business skills every day – many of them before breakfast – and that’s why we make the best entrepreneurs. I’d stack any single mom up against top CEOs in these 10 skill areas, and bet she’d come out on top. Multitasking: I’d be...
by Michele Cagan | Apr 28, 2017 | Do Your Own Taxes, Saving and Investing, Single Mom CPA
If you just got – or are expecting – a large tax refund, you need to make a change right away. Basically, you just got repaid for an interest-free loan to the Federal government. And I know you have better uses for your money than that! Consider this: The average tax...
by Michele Cagan | Apr 27, 2017 | Do Your Own Taxes, Retirement Planning, Saving and Investing, Single Mom CPA
Getting a big tax refund seems like a good thing – it’s not. In fact, you actually lose money by giving the Federal government an interest-free loan every year. According to the IRS, the average tax refund is $3,120, which works out to $260 a month. There’s a lot we...
