There is a huge difference in filing your taxes single compared to filing as a married person. Your credit score is probably something that you don’t think about.I don’t expect you to understand all of the tax rules, but it’s also important you understand the consequences of filing your taxes properly. For most people, a franchise like H&R Block is all you need to file your taxes. Let’s be honest, most people don’t spend a lot of time thinking about their score, but that could be a huge mistake.Life insurance is insanely affordable, easy to get, and just plain smart.Get an estimate from Haven Life below, and read more about single moms and life insurance in this post.He could lose his job, skip town, become disabled or pass away at any moment. Plus: It is critical to your ability to move on emotionally in this phase of life if you are not connected to your ex and your former life through bi-weekly payments.I’m a big fan of Mint.com, a free online tool where you plug in all your bank, credit card, brokerage and mortgage accounts to get a snapshot of all your finances.Sadly, there are millions and millions of single moms out there that are giving their finances the attention that they deserve.It can be difficult being a single mom, but not taking the proper financial steps is going to make it a thousand times worse. But remember this: That money could go away any time. And you can earn far more than a judge may order you be paid.
Love it or hate it, your finances are one of the biggest parts of your life.They automatically invest your contributions based on your risk tolerance and goals.They continue to shift your investments around the closer that you get to your goals and automatically reinvest any money that you make.One reason that people don’t buy life insurance is because they assume that it’s going to be too expensive, but in most cases, that couldn’t be further from the truth.Regardless of your health or any pre-existing conditions that you have, it’s possible to get affordable life insurance to protect your family.