Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Tuesday, November 5, 2019

Mom investing money

A few years ago I started looking into investing money, but as a single mom I could not afford all of the fees and things that went along with it. Especially the minimum that most brokers wanted at the time. A few years ago I started hearing about sites like Acorn. I never gave it a try because I just did not know, and as a mom we have to have some how of knowing that we will see our money grow. I always had to watch every penny I had, so I put it off. Well about a year ago one of the sites I work on, I think it was Inboxdollars, posted to pay me a few dollars to try this site STASH. I was skeptical but I gave it a try. I am so glad I did.

For those who think it is too difficult, do not let it scare you. Stash has a lot of great helpful articles and will guide you through the entire process. It is $5 to start and believe me they will make the process easier than you can imagine.

Start investing for you and your kids as early as you can. I am almost 40 and really wish I would have started much earlier. I am hoping I have learned enough with STASH and other savings I have to start paying for college in 10 years. It will be here before I know it.


Look at my blog post about STASH on my finance blog


Sunday, April 29, 2012

Can I be a Single Mom and Work From Home

I have to say that I love my job, but I am wondering if it is worth it. I have missed two days this week because of being sick and I know my check will not be enough to pay the bills that I have to pay. In addition to that I just found out that the hours have been cut for the next couple of months. I know two or three hours do not sound like a lot, but $20 makes a huge difference in my pay. I NEED that money.

Since I am going to be starting school in August I am even more concerned about whether or not it is worth working full time, going to school full time, and being a full time single mom. I do not have healthcare through my job, and if I did sign up for it the cost would be half of my paycheck each month. The only bonus of my job is that I have a regular weekly check and a very caring group of people that I work with. We are a small family.

Being able to work from home would make a huge difference in my life once school starts, but would I be able to make enough. At the moment I have no savings, do not make enough to pay all of the bills every month, and still have to consider all of the baby expenses. I was making a residual income of about $500 a month last year at this time, but I lost my motivation once the baby was born. I also did not have a lot of time to focus on my home income once I started working full time. If I took the time each day that I go to work I think it would be possible financially. It is the possibility of it not working out that scares me. I am the only provider for my son.

There is still a couple of months for me to decide and we all know that everything can change in a couple of months. I am going to try and make the decision that is the best for my son. I have to have financial stability for him, so we will see what is to come with my online income and life before I make the final decision about working from home or not.