As a single parent it’s even more important than ever to have a short term and long term financial plan.  At About.com they have an article that covers some of the financial planning that you need to think about for you and your child.  The article covers:

  • Creating a Budget
  • Getting Child Support
  • Finding Additional Help
  • Setting up an Emergency Fund
  • Life Insurance
  • Education Funding

While the article doesn’t go into a great amount of detail, if you are just starting to think about financial planning it’s a good place to start.  Many single parents don’t even think about financial planning until they are hit with a crisis; and that’s the worst time to start.

You can read the entire article by clicking on Finances for a Single Parent

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