Money without a doubt is a major stress factor for single moms. Actually, money management can be challenging for everyone. Those challenges include debt, saving money, managing money, spending money, not having enough money and the list goes on. One of my biggest issues with money is saving it due to having to pay such a large amount in rent. It is something that settles uneasily in the back of my mind and isn’t easily resolved since I live in a state where the cost of living is ridiculously high and unfortunately moving would be difficult because of Anya’s routine. So, for the time being I am trying to make the best of it and find other ways to save a dollar.
Focus on the Family has a number of informative broadcasts that I often listen to and yesterday, Mary Hunt was on discussing how to Avoid Common Financial Mistakes. If you have some extra time, listen to this broadcast. She gives some practical information on finances that I think anyone would find helpful. Mary Hunt at one time had her own financial problems, she was was over 100k in debt. It took her 13 years to pay it off with hard work and also a lot of prayer. Her story will motivate and encourage you.She also talks about giving back which I think is key to successful money management. My hope is to come to a point of financial security where I can give back comfortably and generously, isn’t that the purpose of money? Let me know your thoughts on the broadcast and some of your own money saving tips.