Single Moms On The Money

Single Mom & The 2021 Financial Reset

Welcome to Season 2, mamas! Join us as we talk about how to reset your new year. It does not have to be "new year, new me" but we want to talk about how to navigate your financial life to improve your overall life.

In this episode,  we drop 6 ways to thrive this year. Some resources we mention Investopedia and TD Ameritrade can be found below...

https://www.tdameritrade.com/home.page

Investopedia.com

What one money goal you are working on in the new year?

In this episode, we talk about our holiday traditions, the "S" person, eliminating the need to overcompensate as a single mother, and ways to give back during the holiday season.

What are you doing this year when it comes to holiday shopping?

We will back with Season 2 at the end of January!

"Only 59% of Americans have life insurance, and about half of those with insurance are underinsured, according to LIMRA. One problem is that nine million households just have group life insurance. That's usually not enough."

In the episode, we are talking about life insurance and why you need it. We help you calculate how much life insurance you need and things to consider when deciding between whole life and term life. This is all part of estate planning that you need,  especially if you are the main one taking care of your child.

How far have you come along in your estate planning? Do you have life insurance?

In this episode,  George Pitts joins us to discuss all things monetization and family legacy. George Pitts is an entrepreneur, author, speaker, and founder of Wealth Stream Academy. He is also a host of the Monetize Everything Podcast.

We learn about his journey from a 9-to-5 worker to a multiple figured entrepreneur. He gives us a behind the scenes look into his growing empire but also his plans to grow family wealth.  We discuss business, trusts, stocks, life insurance, and the importance of networking, plus more!!! This is the episode to take notes!!

What skills do you have that you can monetize today?

It's the episode you have been waiting for!! Come check out how we paid off major debt through side hustles.

We breakdown 10 side hustles that allowed us to not only pay down debt but also to start the wealth-building process.

Want to learn more about side hustles (especially ones you can do safely from home due to the pandemic)? Check out our resources below...

Side Hustle eBook
https://millionairessma.samcart.com/products/the-ultimate-side-hustle-ebook

Side Hustle Videos
https://youtu.be/fZM2KOBwzDg
https://youtu.be/azTFnypBwYs

4 In 5 parents are considering homeschooling their kids this fall

82% of parents are more worried about sending kids back to school than ever before.

But as single parents, we often have no choice. In most cases, we are the sole provider and absolutely have to work.

In this episode, we give you over five tips for how to juggle work and homeschool this year. Buckle up, mamas, it's going to be a wild ride. But we have your backs!!

So what are you doing this school year? Homeschool? Traditional school?

Homeschool episode

Homeschool & the Single Mom

Does the idea of MORE homeschool make you feel like running for the hills? Have you reached your wit's end with your kids being home and you not knowing how to reach them academically? You are NOT alone!

Join us as we talk with alternative education expert and single mom, Karen Matamoros, from ProjectKAring.com. She breaks down all the DIFFERENT options you have when it comes to educating your kids and we guarantee your mind will be blown!!

Learn about homeschooling, world schooling, unschooling, and deschooling. And figure out which one will work out best for you and your family. We dig deep and learn more about the term "learning through discovery" and how you can develop your kids to thrive in this brand new world.

Next steps? Subscribe/favorite our podcast so you are alerted to our next episode.

Leave us a comment and a review, thank you!

AND connect with Karen Matamoros:ProjectKAring.com

With everything going on we decided to repost this episode on mental health. 

In this episode, we discuss the taboo topic of mental health for Single Moms and how that ties into finances. Momming and mental health is still a topic that is rarely addressed especially in the single mom space. As a single mom, you might not have time to address your mental health issues and while we encourage you to seek professional help if needed, we also hope to provide you with some tools for stress reduction and money.

We discuss TWO budgeting methods, the importance of having funds and how much you should be investing in them.

Check it out now!

We have a super special episode with entrepreneur, Tresnatch. He is a single, homeschooling dad, business owner, and rapper.

Tresnatch is multiple talented in life but especially in fatherhood. We talk to him about single parenthood and running a business and

how he manages to homeschool his little girl while teaching her multiple languages! I'm not going to lie to you, mamas, we were

cutting up this entire episode. Come join our fun and insightful conversation.

Stay through until the end when we ask Tre about what he wants for Father's Day! Any volunteers?? Because I would love that too.

*note: this episode was recorded before the protests and events surrounding George Floyd ( if it was recording during, we definitely

would have discussed it.)

Connect with Tresnatch:

IG: @tresnatch

Think & Grow Rich - EP -  Brian Hyppolite & Tre Snatch available on all streaming platforms

Daughter’s IG: @Charli_Learns

YouTube Channel:

https://www.youtube.com/channel/UC88S_KgbFyAQp4ne45BTxfA

Welcome back mamas! There is a lot of unrest across the world due to the murder of George Floyd and the continued murdering of Black people without justice.

We want to share our experiences with you and start a dialogue amongst Single Moms.

We discuss Alanna's experience parenting a Black son and Valencia's experience parenting a Black daughter. And why it's so important to let your child have a voice during times like these.

We also dive into the MANY ways Black people are set up by society to fail. And we just scratch the surface during our talk.

Let us know how you are feeling and dealing with all this right now?

We encourage you to text "Floyd" to 55156 to sign a petition and demand justice for George Floyd.

Welcome to Part 3, the final part of our 3 episode series about how to transition off of government assistance. Today we talk about how to get jobs that pay well or how to work from home, where to search for low-cost job training, and the importance of networking.

Or maybe you want to homeschool while making more money, let's discuss! Leave us a voicemail or email us. What side hustles do you do? Have you had problems getting a good-paying job that can support you and your kids?

*note from show K.E.E.N stands for Kid Enjoy Exercise Now.

Part 2 to helping you transition off government assistance is here! In this episode, we cover how to cut back funds and living your best frugal life. We break down variable expenses and how to play around with them and how to get those funds together for the kids. Have your pencil and pad ready to take notes!

In this episode, we discuss how to transition off government assistance. We got a viewer email about this topic and it's so important we plan to make it into a 3 part series. In this part 1 of the series, we cover Mindset and How to live off one income while preparing to transition off government help. And I'll tell you this, these episodes are full of gems and some hard truths.  Let us know your thoughts in the comment below.

Community is huge, especially in the single mom space. We want to help you build your tribe so you do not feel alone and you are able to thrive through the journey.

In this episode, we discuss

• Why tribes/community are so important
  
• Benefits of community
  
• Our experience with mom tribes
  
• Places to find your tribe
  

This week's episode is about a hot topic that impacts us all, the coronavirus. We breakdown in this episode, how to build a strong financial foundation through times like these. Our experiences with being a single mom through this time and how to prepare yourself in all ways, mental and physical health, what to stockpile and where to shop. We drop MAD gems so be sure to listen deep and take plenty of notes!

Side Hustles You Can Do From Home -  https://youtu.be/fZM2KOBwzDg

In this episode, we discuss the taboo topic of mental health for Single Moms and how that ties into finances. Momming and mental health is still a topic that is rarely addressed especially in the single mom space. As a single mom, you might not have time to address your mental health issues and while we encourage you to seek professional help if needed, we also hope to provide you with some tools for stress reduction and money.

We discuss TWO budgeting methods, the importance of having funds and how much you should be investing in them.

Check it out now!

This is Part II of last week’s episode where we talk all about single mom dating.

This episode we talk about online dating vs. IRL and making sure you are able to afford to date.

Have you ever wondered what single mom dating was about? In this episode (part 1) we discuss how we each approach dating. The safety issues dating presents, there are many! Along with how we work towards finding the right person. Are you looking for love in a hopeless place or are there certain things you should be looking for? Check out our latest episode!

They say people start falling off the goals they set for the New Year by the 1st or 2nd week of February. Is that you?

In this episode,  we discuss tips on how to properly set goals (for you and the mini or big) and how to figure out which goals should be a priority. You will learn how we stay focused through the new year and our power words or phrases for the year. 2020 is going to be awesome, but only if you prepare, stay focused and act.

What goals have you had a hard time staying focused on so far?

In this episode, we discuss all things single mom resources and benefits. Don't have a single mom tribe to share tips and resources? Well, you do now!

We discuss how we survived and thrived utilizing the resources around us. A lot of tips given are actually little known facts!

You will get the rundown from our resident single mom alumni (Alanna) on how she made it through being a young mom in college. And from our newbie single mom (Valencia) on how she was able to provide for her mini while going through a divorce and trying to achieve debt freedom.

Topics covered:

Community Resources

Government Assistance Programs

After you listen in, please be sure to share resources with us that you know of, so we can share it out!

Episode Links: