Single Mom Seeking Financial Stability

Being a new single mom I am worried about my personal finances, and with the move that we just made I am even more concerned. Financial stability is something that all of us are seeking, but when you have another person that is completely dependent on you there is an even bigger concern. I am working in a good direction for financial stability, but it is going to be a lot of work.


Employment:

I have been putting in applications for numerous opportunities for the last week. I did get a call today for a local bank, and I have an interview tomorrow. I am also going to get my license to work at a local casino. There is a fee for the license, but I feel it is going to be well worth it. I am hoping that I can get both positions and work my but off for the next few months until I can start school. Once I start school I will work at the one that I earn the most money at, and has the best benefits.

It will be well worth it working two jobs for a few months. I will be able to put money up for my son, save money to put the down payment on the house we are leasing to own, and hopefully get a vehicle so I do not have to depend on my sisters ex husband to pay her car note. There are a lot of benefits, but one huge disadvantage. I will be away from my son a lot. I know it is for him, but I will still miss him more than anything.

I am still going to be working online as well. I do not make a lot of money online, but it sure helps with things that I need. I have been able to buy the baby formula and diapers with my earnings. If I can continue to have at least that coming in every month I will be thankful. I will also be trying to work more online so I will be able to have more money to put away and pay bills.

Saving:

I am trying to learn a lot of ways to save money. I am starting to clip coupons again, put up change, cut back on utilities, and buy store brand items. These are only small savings at a time, but they add up. I am living on the saying "A Penny Saved is a Penny Earned". This statement is the truest thing I have ever heard, and I am learning it more and more every day.

Financial Stability:

I know financial stability is something that is very hard to come by, especially for a single mom or dad. I feel that I am working in a good direction though. I will continue to make financial goals, save money, and work as much as I can to have financial stability for my son.  It may take time and hard work but it will be worth it all in the future.