Ask Alexa: Money, Exes, and the Live In Boyfriend/Girlfriend

5 Ways to Simplify Your Personal FinancesOne of my very good friends encouraged me to do an “Ask Alexa” section where you can ask me any type of question you want and I’ll answer in a short blog post.

(I will not publish your name or anything that reveals your identity, so no worries.)

And since I get about an email per week from a single mom I’m going to go back over the questions I get asked the most. I figure if one person asks then plenty other are thinking it.

I’ve gotten my first question and it goes like this……

“When you’re talking money with your ex should the live in boyfriend/girlfriend’s salary be considered? What’s the proper etiquette here?”

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Life Insurance for Single Parents: One BIG Reason You Need It

life insuranceLife insurance is something I know that I’ve needed since my daughters were born. Yet I’ve put if off over the past couple years. When I was working in insurance I had intended to get life insurance but I never went through with it. Why, you might ask?

Let me tell you.

A typical life insurance application was a total pain. Having worked in an insurance office I had to deal with angry customers who were trying to obtain life insurance but first had to jump through a million hoops. First an applicant had to answer a thousand questions before going through various medical tests to be accepted.


But here’s the thing. As a mother of two beautiful little girls I desperately NEED to know that they’re taken care of if something happens to me. We don’t want to think that anything is ever going to happen to us but that’s total crap and you know it.

As the saying goes there’s two guarantees in life: death and taxes.

Luckily there’s some relief to the dreaded paper  life insurance application. But before we get to that I want to go over the reason that I need life insurance and if you’re a single parent that you do too.

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The Most Important Rule for Mastering Your Money (And Your Life)

master your moneyMastering your money and using it as a tool to maximize your happiness is completely possible. In fact, there’s one technique that I’ve been trying to ingrain in my life for the past five years.

It all started the first day I took Kailyn to the babysitter. The thought of leaving her at all, let alone with a woman I barely knew, was enough to kill me. I walked up to the babysitter’s house knocked on the door and handed over Kailyn, still in her car seat, plus the diaper bag stuffed full of tons of extra diapers, wipes, and bottles.

I hopped back in my car and quickly backed out. I couldn’t fight the well of tears that were pooling in my eyes. I cried the whole entire day at work. My boss told me to go home, but I didn’t. I knew this was something I had to get used to.

I worried. And worried, and worried. This went on for weeks until I talked to my Dad about what was going on.

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August Income and September Goals (Plus Life in Pictures)

k and aGood morning. I hope you had a great weekend!

Mine was kid free. I worked on some of my projects and revamped my budget. It’s crazy how much my budget has changed in the past year. I am now paying less in babysitting and housing costs but other things like food (due to Kailyn wanting to pack her lunch everyday) and other school related costs have gone up.

I’ll have a post on budget revamping in the near future.

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The Top 7 Single Mom Problems

single mom problemsIf you’re going through a divorce or nasty break up with the father of your kids, things are about to get rough.

Getting divorced is a hard thing to do. But sometimes it’s necessary. After all, you’re meant to have a good life and be happy. At times parting ways is the only solution – especially if you’ve been in an abusive relationship.

I’m now in a place where I’m the happiest I’ve ever been. I have a good relationship with my ex-husband and my kids are extremely happy, but it hasn’t always been this way.

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Should You Manage An In-Home Childcare Service with a Mobile POS System?

daycareYou’ve seen them plenty of times on the Internet – online advertisements and videos promoting mobile point-of-sale systems for in-home businesses. With an industry expected to generate over $3 billion in revenue in 2014 alone, according to Report Linker, it’s only a matter of time before you may need one yourself. You might think that these business solutions are not really necessary for your in-home childcare service, but taking a closer look at what these options offer might change your mind.

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How Living on Less Transformed My Life

living on lessYou often hear stories about people who lived on ramen noodle budgets for a year and paid off massive amounts of student loan or credit card debt. What you don’t hear about is how living on less can transform your entire life.

It really can. In fact my entire mindset has changed since the first year when I had no other choice than to make sacrifice after sacrifice.

But first, let me rewind a little bit.

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