Investing for Women
Best places to sell your jewelry online
Are online jewelers all scammers? Quick answer: No. There are some highly reputable companies that will help you sell your jewelry quickly, safely and for a fair price (including some online jewelry buyers that I trust like Worthy.com). More details: Top online sites to sell your jewelry Where to sell jewelry: Worthy Where to sell…
KEEP READING →
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…
KEEP READING →
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…
KEEP READING →
Tips for caring for your aging parents—when you are a single mom
Patrice is a smart, hardworking single mom with limited involvement from the father of her two elementary-school-aged kids. She works full time as support staff at a logistics firm, while she runs a tight ship she consistently feels like she has her hands full. Then suddenly, her 67-year-old mom, who lives two hours away, experienced…
KEEP READING →
37 reasons all moms need $1,000 in a savings account in her own name (and how to find it)
If I have one goal in this lifetime, it is to help women see the connection between their financial security, and their personal power. When you have a strong income and earning potential, you make better decisions about your romantic relationships — dating men not who will pay your rent, but men who rock your world.…
KEEP READING →
Clean out your jewelry box and rid yourself of clutter
I’m a big fan of cleansing your life. Clutter is the enemy, and not just because stuff makes your home a mess, your closets, and drawers difficult to manage, and gives your housecleaner way too much work. Sell your bridal jewelry or other diamond jewelry to minimize this physical, mental and emotional clutter. Clutter — even…
KEEP READING →
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…
KEEP READING →
Best robo-advisors for single moms to get started investing
Robo-advisors are one of my favorite financial tools to recommend for long-term savings and investing goals. (It’s one type of investing account.) While the name can be intimidating, good robo-advisors are easy to set up and manage, have very low fees, and require little work over the long term. I am a fan of robo-advisors…
KEEP READING →
17 financial steps to a rich life as a single mom
Are all single moms destined for poverty, loneliness and effed-up kids? Quick answer: NO. More details on how to build an amazing life, find love and raise happy kids as a single mother: It’s no one’s Plan A. But being a single mom does not mean you’re destined for the welfare line, free school lunches for your…
KEEP READING →
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…
KEEP READING →
How to buy your first car as a grown-ass woman
I recently read this post in my Facebook group, Millionaire Single Moms, and it made me feel all the good feels: At 40 years of age this happened today: I purchased my first car on my own — no male input, no ex-husband choosing which car, no parents weighing in on my choice… this beautiful…
KEEP READING →
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…
KEEP READING →
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…
KEEP READING →
Sell Tiffany jewelry (and make extra cash)
Are you destined to get ripped off if you try to sell your Tiffany engagement ring or other Tiffany jewelry? Short answer: No. Read on to learn how to sell your diamond ring safely, for the highest price … Tiffany is one of the most trusted, beloved brands in the jewelry industry. A recent survey…
KEEP READING →
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!)…
KEEP READING →
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…
KEEP READING →
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…
KEEP READING →
Nationwide Life Insurance review
Nationwide Life Insurance review This post was created in partnership with Nationwide. If you are a mom, life insurance is one of the fundamentals of financial planning — no matter your income, or whether you are the breadwinner or a stay-at-home or single parent. Even if you aren’t wealthy, imagine what your kids’ life would be…
KEEP READING →
Why your arguments for alimony are wrong
I have a friend who had been married for 20 years. He had a high-earning career, and after spending her 20s in low-paid retail jobs, his wife stayed home full-time with the kids, until they were in high school, then worked part-time retail, tried to start a couple of craft businesses that went nowhere, and…
KEEP READING →
Worthy.com review: My experience selling a diamond ring online
I’ve had a long-standing relationship with Worthy.com, an online marketplace for selling your diamond engagement ring, heirloom and estate jewelry, watches and other jewels. There are lots of reasons that I chose to work with them, including their A+ Better Business Bureau rating, that a casual search online revealed mostly positive posts, and, because increasingly,…
KEEP READING →