Thursday, 13 July 2017

Here's how single parents can get their finances in order

Gabriella Monaghan has been a single mother for the past two years.

The hardest part, financially, about adapting to parenting alone has been knowing that her family relies entirely on her income.

"I have had to use holiday days as sick days in the past because I ran out of my sick leave," she says.

"I've also had to stick to a budget a lot more and save for financial uncertainties. I save $10 a week in case my car needs a new tyre or anything like that. I have already started putting money aside each week for things in specified saving accounts, like their schooling even though one is almost 4 and the other is five months old.

from
http://www.stuff.co.nz/business/money/94676112/Heres-how-single-parents-can-get-their-finances-in-order

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