Reply to Do you think a single mom should get a pass?

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[quote=Anonymous]Has she always needed help or just when she became a single mother?
I had the other way around: I complained when I was in relationships and all got better when I became single. My ex was bad with money and ran up my credit cards.
I went on to get a finance degree and invested the money I brought home. 
I'm guessing money would help your friend a lot. Even knowing how money works, it powerful. See if she is interested in learning.
She needs to budget, know the bottom prices of the products she buys, open a Roth IRA, guard her credit, lower her taxes. Once all personal finance is under control, it removes so much stress and give options. The skill should have been passed down to her, but now she can pass it down to her kids. 
I grew up poor, but I always had interest in anything to do with money. I used to take glass bottles back in the store in the old country. Having good handle on finances is like a someone working a second job 24/7 and I benefit from it. I didn't need a fiance degree to do this. I had money matters under control way before I went back to school.[/quote]

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