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child care

Many are facing the seismic shift in the cost of living and the financial challenges but there is one group that stands out for their remarkable strength and resilience—single moms. Single mothers often find themselves in a precarious financial situation, with limited reserves to weather unexpected expenses. Startling statistics reveal that approximately one-third of single mothers would struggle to handle a mere $400 emergency expense. This lack of financial cushion poses a significant challenge, as even modest savings are crucial for withstanding financial crises and maintaining stability.

Optimal Financial Health for Single Moms and the Next Generation of Wealth with Dr Wendy Labat, The Financial Healer

Money
July 21, 2023

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