Budgeting Tips for Single Parents: 7 Ways to Succeed With Your Money

Wondering how to budget as a single parent? Learn the seven steps to manage your money and improve your financial situation.
  1. Radi says:

    Great article!Im a single mom with share custody and the steps you described are crucial for peace of mind and good financial health.
    Thank you!

  2. Amanda says:

    Thank you so much for this. I became a single mom last summer and I’m so thankful for the shared custody I have with their dad, but financial fear still creeps in when I think about not having a backup income in the house.

  3. Emily says:

    In tears as I read this. My son in 9 and I have been a solo parent now for 8 years. I wouldn’t trade it for anything, but man is it just really hard some days. I found you almost 2 years ago and it took time to really get started, but you have really saved me financially. I am able to say “yes” more and do fun things with my son that I would of never been able to in the past. Baby steps, but we are getting there. Forever grateful for you Miko!!

  4. Liz says:

    Wow I really needed this. I’m a single mom of a 13 yr old with no support from child father and I have a lot of mom guilt! Thanks Miko!!!!! I’m new here to the team but look forward to starting my financial saving journey

  5. Erika says:

    My husband and I share a 9 month old. We went into debt after I gave birth and had to quit my job. He started over the road driving so I am single parenting a lot with our daughter. This is such an inclusive article. RELATABLE.

  6. Olivia says:

    I am a single mom of three; I am the parent that provides their needs such as medical, dental, vision, prescriptions, and it’s expenses. I only get $300 a month for child support for one child, since she’s the youngest. The other two the father gives them their child support directly.

    I am a flight attendant for 10 years and struggled with handling my finances for years. I have a spending problem and gambling when I get really depressed. I am tired of living that life and took a step in bettering myself. I got together my budget by starting the first step. MY WHY. My why will sound selfish but, my children are well taken cared of as far as their needs. I have a 106k student loan and still in school for my Master’s in Social Work. I gave up my childhood and young adulthood to raise a family. But 10 years ago I decided to take care of me.

    I recently got discharged with a Chapter 7 bankruptcy and lets just say I build up too much credit way too fast. I need your help. I watch many of your youtube video, but unfortunately I do not have social media. It’s a distraction for me.

    This is a long shot, but it doesn’t hurt to try. Not to mention my youngest daughter midde name Kumiko. I could use your help.

  7. Morris Yvette says:

    My name is Yvette, I’m a widow and a single Mom. I’m 53 years old. I received social security benefits while my 2 kids were growing up. The benefits are ending in July and I currently make $1800 a month. My kids are 19 and 17. My daughter who is 19 has her own apartment so it’s my son and myself. My rent is $750 a month. Any advice you have would be greatly appreciated.

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