Make More Money
31 reasons being a single mom is AWESOME (according to readers)
A while ago a member of Millionaire Single Mom on Facebook said: “I’m a new mom, expecting in a few months. What POSITIVES can you tell me about single motherhood?” I responded with a few points, and invited other members to share. Here is what we said: From me, Emma Johnson, on why being a…
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You cannot afford to be a SAHM
Itching to get out of the 9-5 workforce, and spend more time with your kids? I share why you cannot take the risk to quit your career. However, there are countless ways moms can earn a high income, from home, with legitimate, flexible careers — many of which earn $100,000 or more. Keep reading! The…
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How do I buy stuff I can’t afford?
You may be thinking about buying things you currently can’t afford — or don’t think you can afford, yet. Would you like to buy a home, new car, or go on vacation? What about a college education? Maybe you’re saving up for a divorce, retirement or want to pay off debt. Whatever your goal, take…
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How to save money by negotiating your bills
Choices abound, but we’re taking a look at four companies disrupting how we think about paying bills: TrueBill Arcadia Power BillBargain BillShark Trim These and other bill negotiation services earn money by helping you save yours. Bill negotiation services A bill negotiator is the same way. She takes time to uncover money-saving hacks as if…
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Estate planning and will for single parents
What happens to my kids if I die? Whether you’re a parent of teens, or have recently welcomed a new baby into your life, chances are you’ve asked yourself this question: What happens if I died? This question can be especially loaded if you’re a single parent. Don’t you want to do everything possible to…
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Should you sell your engagement ring (or wedding band) after divorce?
Short take: Don’t hold on to a token of a relationship gone wrong — sell your bridal jewelry to Worthy.com and use the money for a positive new start. More info: I had a really spectacular engagement ring. It wasn’t that it was huge or particularly expensive. It was unique — the 24-carat yellow gold…
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How to save money on a low income
Saving money on a low income is not an easy feat, and that’s especially true when you have kids and all the expenses they bring. Once you’re done paying for kid’s sports, camps, clothing, and school needs, it’s easy to find yourself with nothing left at the end of the month. You may find your…
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7 best free online checking accounts
Quick top pick: BBVA. Free checking, ATMs, cash-back debit card rewards, bill pay and mobile deposit. Plus: BBVA also has a high-interest savings account. Sign up for a free BBVA checking account >> Whether you’re tired of being charged a monthly service fee, or looking for a fresh start with a new bank, or want…
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Who deserves to call themselves a “single mom”?
Updated May 17, 2019 Below, you will find a polite, academic picking-apart of the who-gets-to-call-themselves-a-single-mom debate. It rages on, constantly, and after 7 years of blogging about single moms (and being one myself for 9 years), I have come to this conclusion: The argument about who is, and who is not a single mom is…
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When to sell your antique and estate jewelry & questions to ask
Recently, I was chatting with my good friend Sarah, who mentioned that she’d inherited her beloved grandmother’s large antique sapphire-and-diamond brooch. I was surprised to hear this — after all, I’ve known Sarah for years, and see her a couple times per month. I’ve never seen or heard about this knock-out heirloom bling! “Oh, it…
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How to become a bookkeeper
If you love numbers and math and actually enjoy tracking data in spreadsheets, a career as a bookkeeper can be a great fit for moms — especially since these high-paying jobs are often available on a part-time basis, as a work-at home side gig. Some bookkeepers earn $60 per hour while working from home, and…
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How to create a single mom budget you will stick to
Tired of reaching the end of the month, wondering where in the world all your money went? Have some big financial goals you’re trying to reach — buy or refinance a house, pay off the car, get rid of debt, save for a vacation, help your kids pay for college? What about just creating a…
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How to get through divorce without going bankrupt
Fact: Divorce is one of the leading predictors of both bankruptcy and home foreclosure. Women are especially prone to a long-term financial fallout from divorce. Within a year of the end of their marriages, women are three times more likely to live in poverty than men, according to U.S. Census Bureau data. The London School…
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What every single parent needs to know about taxes for 2018 filing
Updated Jan. 8, 2019 to reflect the newest tax laws. Gah! Taxes! No one likes them (except maybe accountants and sadists), but you and I know we have to deal with them. As a single mom or dad, there are specific considerations you must take when filing your taxes — things your married parents don’t…
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9 steps for single moms to pay off debt for good
Are you a single mom who wants to pay off debt for GOOD? If you live with consumer debt, you are not alone. According to U.S. Federal Reserve data U.S. households have on average $15,863 in credit card debt and $33,090 in student loans, while the Consumer Financial Protection Bureau reports that a full 52% of…
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Bestow life insurance review: No medical exam
Mama, you know you need life insurance — but likely do not have it yet (or don’t have enough). Here are common reasons women fail to have life insurance coverage: Too expensive (or assume it is too expensive) Too time-consuming to apply (meeting with an agent, medical exams — ain’t nobody got time for that!)…
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Stereotypes that keep single moms broke, overwhelmed and alone
No one can make you feel inferior without your consent. — Eleanor Roosevelt When it comes to single moms, there are specific limiting beliefs that I see women struggle with time and again. Messages we assume to be true, and on which we base our worth, the treatment we accept, the relationships we aspire to, the…
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101 legit ways to make money right now (mostly from home)
Who doesn’t need more money? If you’re not up for selling an organ on the black market or dabbling in illicit activity, income on the side is easier to find than ever before, thanks to the burgeoning freelance economy and the technology that supports it. Keep reading to learn how you can make more money and…
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Why you can’t afford to do your own laundry (and how to outsource housekeeping & maintenance to save time)
Last summer my kids returned from a couple weeks in Los Angeles where they stayed with their aunt. Me: Why does Lucas have all new underwear? Helena: All his underwear had skid mark stains in them, so Aunt Tina bought him all new chonies at Target. Why didn’t I, his own mother, know that my…
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How to feng shui every room in your home (and make money at the same time)
My ex and I separated more than 10 years ago, and while the initial purge of his stuff and our stuff and my stuff-that-reminded-me-of-him-in-a-bad-way happened years ago, I am still Marie Kondo-ing my two-bedroom co-op of my marriage. In fact, this week I posted on CraigsList a vintage Heywood-Wakefield dresser that we bought for our…
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