To be quite honest with you, and let us just face the facts, single mothers and fathers, perhaps more the case for single mothers, the biggest challenge that single parents face today always has to do with money. And even if you had a reliable and loving partner at your side, and in spite of the progressive uptick in the country’s economy, the financial conundrum remains, prices just seem to keep on going up while salaries and wages remain more or less stagnant.
Whether single or married, thousands of Americans were also bitten by the previous decade’s credit boom. But it predictably became a case of boom and bust. Predictably, hegemonic financial institutions paid the heavy price for reckless lending practices while many families lost their homes and livelihoods. The previous administration is widely credited for bringing down the country’s jobless rates to its current record-breaking levels.
But, particularly for single parents who remain financially challenged, who knows how long this full employment boom will last. Mothers and fathers, it is time to think about creating a long-term plan for the future. With financial online single parents help you can now work in tandem with an accredited and resourceful financial services provider and/or financial planner to help tailor a short to long-term financial recovery plan for your unique single parenting circumstances.
The time is ripe for starting up your own business too, never mind just paying off your huge debts. But many single parents may be forgiven how they will be able to manage this when they still have to look after their children. Again, there’s online help for that too. While looking for favorable startup loans, you can also read up on advice on how to provide day care for your small kids responsibly, legally and affordably.