The Prosperous Mother

Saving towards a 6-month emergency fund is not an unrealistic goal for a single mother. It may take you longer than some to reach that goal but it's not unrealistic. What's unrealistic is using debt and then expecting to magically have the money to pay back that debt along with the high-interest rate that's tagging along with it. In today's episode, I share my story of how a mother of 2 went from saving £5 a week to go on to save £ 10,000 and £20,000in a matter of months. If you want to achieve financial freedom in a way that feels right for you, download my free guide; The Single Mum's 5-Step Guide to Financial Freedom. https://unique-builder-7705.ck.page/a62c496740 Hosted on Acast. See acast.com/privacy for more information.

Managing your debts doesn't have to be scary. People lack the knowledge and so feel powerless when it comes to dealing with the creditors they owe money to. In today's episode, I go through 5 simple steps to help you manage your debts and bills so you can feel confidence and peace in your finances. For more resources click the link https://linktr.ee/theloneparent Hosted on Acast. See acast.com/privacy for more information.

I know, life admin is a chore. It’s mundane, it’s boring and sometimes I’d rather throw myself down the stairs 😭🤣Seriously, I know I’m a finance expert but I do not enjoy doing my finance admin or any admin at all.So what keeps me doing it?The peace I feel once I’ve organised my finances. Such as transferring the money into the necessary accounts to keep my money organised.I feel in control because I’ve dictated where each penny is spent for the coming month.I feel financially stable knowing that all my bills are taken care of and paid on time because I chose to follow a plan.How abundant I feel because I’m able to save due to having a budget in place.I’ve come to realise that the boring tasks are the ones that create peace, confidence and stability.Today's episode is about how you can budget effectively.You can also download your very own budget template for you to use over and over again. It’s practical and simple to use, even for those who are not tech and Excel savvy.To download yours, click the link; https://unique-builder-7705.ck.page/products/budgeting-is-boring Hosted on Acast. See acast.com/privacy for more information.

In today's episode, I dig deep and teach you how to anticipate life emergencies so you don't have to struggle to build wealth. I talk about the 5 financial mistakes that I went through so you do not have to. If building wealth is one of your goals and you do not know where to start, let's start with the basics. To build wealth you need to understand where you are to get to where you want to go and having a budgeting tool as part of your financial toolbox is the first step. I've created a simple and practical budgeting workbook so that you can manage your money and achieve those financial goals. Click here to download Hosted on Acast. See acast.com/privacy for more information.

Changing your life in 12 months takes work. There are no loopholes, no quick fixes and no quick turnarounds. However, if you're tired of where you are in your life right now and all of your excuses then changing your life in 12 months is very possible. In this episode, I go through the 10 steps that I used that changed my life the first time around in 3 years, then I did it again the second time round and it took me 12 months. The third time round I used this process, it took me 6 months (and I was getting over a heartbreak). If you want to achieve financial freedom in a way that feels right for you, download my free guide; The Single Mum's 5-step Guide to Financial Freedom https://unique-builder-7705.ck.page/a62c496740 Hosted on Acast. See acast.com/privacy for more information.

There are differing views on whether chasing your ex to pay child support is worthwhile and from my experience, it is only worthwhile if your children's father is EMPLOYED.If they're self-employed, they can make up any figure and give it to the child maintenance service so you need to up your game and get working on increasing your income.But I am a strong believer that even if the father is not refusing to pay child support, you should never depend on it. It should be a nice addition to your income, not a necessity to your financial household.If you want to achieve financial freedom in a way that feels right for you, download my free guide; The Single Mum's 5-step Guide to Financial Freedom https://unique-builder-7705.ck.page/a62c496740 Hosted on Acast. See acast.com/privacy for more information.

In today's episode, were delving into what needs to make up your financial plan in order for you to feel at peace and in control within your finances. A year into my financial freedom journey, I had increased my income a little, which allowed me to have breathing space and think beyond making my monthly debt payments. I started thinking about what I wanted my foundation within my financial freedom journey to look like.So I thought about what I wanted my financial situation to look like. I wanted financial stability. I wanted to be self-sufficient and not have to rely on or ask for anything (however 10 years later, I now know asking for help is a form of self-love, but I’ll dig into that another day). I wanted my children to be set financially, I wanted to have a fully funded 12-month emergency fund and I wanted to ensure that if I was to die before my children became adults that whoever would look after them, would be set financially to do so without a struggle.If you want to achieve financial freedom in a way that feels right for you you, the download my free guide; The Single Mum's 5 Step Guide to Financial Freedom. https://unique-builder-7705.ck.page/a62c496740 Hosted on Acast. See acast.com/privacy for more information.

This week on The Prosperous Mother Podcast, I talk about the 5 ways of making money online this year and in 2024. In this episode you'll learn; The top 5 ways of making passive money online.The best way to find what niche to build your side hustle in.Knowing how to research what your potential buyers/clients want.What to expect when you're starting out. If you want to achieve financial freedom in your way then download my free guide; The Single Mum's 5 Step Guide to Financial Freedom https://unique-builder-7705.ck.page/a62c496740 Hosted on Acast. See acast.com/privacy for more information.

Dealing with single mum guilt is something we all struggle with but it always affects your finances because you're trying to keep up with the jonese. What if I said that focusing on being emotionally stable is the way to overcome single mum guilt? By focusing on your emotional well-being and mindset, you'll soon see you are more than enough for yourself and your children and helps you to eliminate the overspending that occurs when you believe you're not enough to raise children in a one-parent home. If you want to achieve financial freedom in your way then download my free guide; The Single Mum's 5-Step Guide To Financial Freedom. https://unique-builder-7705.ck.page/a62c496740 Hosted on Acast. See acast.com/privacy for more information.

Although budgeting has never increased my income it has always given me control over my finances. Budgeting has helped me create financial peace when there was none and has been my guide in achieving my financial goals. That's why I keep doing it.If you want to achieve financial freedom in your own way then download my free guide; The Single Mum's 5 Step Guide To Financial Freedom https://unique-builder-7705.ck.page/a62c496740 Hosted on Acast. See acast.com/privacy for more information.