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Even when you are busy hustling, don’t forget to spend quality time with your children. Studies find that financial stability and a thriving mother are two of the biggest factors when it comes to child development.
Speaking of child development, if a parent or parents are not giving enough attention and love to their kids, their children will form feelings of insecurities, negativity, and hatred towards their surroundings and sadly, towards themselves. When you are a single mother, you have to endure and hold a lot of multiple roles – be the mother and the father. You need to manage everything including financial concerns and taking care of kids.
Making money is one of the concerns of some single moms out there. Having money is one of the keys to giving their family what they need, what they want, and to make their life comfortable. Being a single parent can lead to financial problems or strains. Budget is always tight, balancing work and taking care of your children is very difficult and challenging, saving money is hard, and other struggles. We all know that it’s very hard to solve financial problems. You cannot fix it overnight or just in a snap of a finger. It is stressful and energy-consuming. Despite these problems. you can still achieve the life you desired for yourself and for your children.
Mommies, if you had, or if you are having financial issues in the year 2021, do not worry because we got your back! We made a list of 15 ways how single moms can make money and build wealth to make 2022 better. So, if you are a single mom who wants to make some changes and wants to do something to make money rain in your house, you should definitely try doing what’s on the list! Here is your 2022 guide to securing some practical financial resolutions, sticking to those goals, and level up into 2022 and beyond!
1. Get $750 Into Your Cash App Account
Let’s first talk about what is Flash Rewards. It is a program that gives cash rewards to people for doing activities like playing games, trying, and testing some apps, subscription service and many more. Yes, you read it right. You can earn money by just doing these simple and easy tasks!
To try Flash Rewards, here are the steps you should follow:Visit the Flash rewards website (http://flashrewards.co/) and answer the basic questions about yourself.To identify what deals and games Flash Rewards will recommend for you, take their short survey.If you see offers and deals that attract and interest you, take and complete them.For you to be qualified to get $750 cash directly to your account, reach level 5 first by completing 20 deals with following the given instructions of each deal.After you complete deals, claim your reward and earnings and you will receive them in a week.
Important Reminder: You have 60 days to complete all the 20 deals after your first completed deal. Once you’ve completed all the 2o tasks and deals, claim your reward and it will be directed to your Cash App account in a week. Also, you can only do this once every 2 years, so make sure to not miss the chance.
If you are wondering if Flash Reward is legit, let me tell you that they started in 2016 and paid more than $11 million in cash rewards to their visitors.
2. Participate and Answer Surveys and Earn up to $500 Per Month
Join Brand Surveys (https://surveys.gobranded.com/) to gain quick cash. It became the new favorite and people’s best choice that pays participants for every survey they take. In Brand Surveys, you will never waste your chance by taking surveys that don’t fit and match you because they have Survey Matching Engine that matches their participants with surveys that are based on their interests.
A Pro Tip for you: When you sign up and create your profile, make sure to provide and add information about yourself as much as you can to have more chances to get surveys that you are eligible for. With that, you can earn money even more.
For each survey you complete, your answers will be directed to the market research clients for review. After that, the cash reward that you can redeem will be posted to your account. For each of their surveys, you can make money up to $20. When you finally earn 500 points that is equivalent to $5, you can start redeeming your rewards for cash via PayPal or direct deposits using the Branded Pay feature (only available in the U.S.). You can also get your rewards through gift cards from Visa, Amazon, and other retailers and restaurants.
Brand Survey has paid over $20 million to its more than 2 million participants since 2012. It also has more than 40,00o positive reviews which means that you can trust this website to make or earn extra money.
Answering surveys is fun! But now, you aren’t just answering surveys for nothing, it will even help you make money.
3. Here’s Another Source of Money Through Answering Surveys
Again, here’s another way of earning money by answering surveys. Indeed, there are a lot of opportunities to make money through participating in surveys.
Survey Junkie (www.surveyjunkie.com) is one of the trusted sites that pays its member for answering survey. This is used by millions of users as a regular source of income, cash, amazon gifts, and more. Surely, Survey Junkie is a reliable source to make money as it has more than 26,000 positive reviews and 11 million members.
If you are interested to try Survey Junkie, follow these steps and start earning money:Download the app Survey Junkie and create your account.Answer the questions for you to get surveys that matches your interests.The average time you can complete surveys take up to 15 minutes.Earn rewards after answering surveys and completing activities.
Participating in surveys and activities in Survey Junkie is one of the easiest ways that you can do to make money. You can literally take their activities and surveys every time and anywhere. The moment you reach 1,000 points that is equivalent to $10, you can start redeeming your rewards as cash though the PayPal account you linked. You can also get your rewards as gifts in Visa, Amazon, Target, Walmart, and more.
4. Reduce $356 from One of Your Biggest Monthly Bills
Slashing $356 from one of your biggest monthly bills is such a big save! You can dedicate that money to all your other expenses.
Savvy (https://savvy,insure) is a free virtual insurance shopping assistant that gives a service of doing a car check insurance price check for you in a span of 30 seconds.
Here’s a guide on how it works:Connect your existing car insurance policy.Savvy will give you a variety of choices and options, after you review them, choose from one of them.Savvy will help you cancel your old existing and overpriced policy while placing you in your new policy.
Not just that, Savvy will also help you get full refund of the money that your former insurer owes back to you. If you want to save $356, be sassy and try Savvy!
5. Earn a Big Amount of Cashback Rewards with Mobile Banking
Online or Mobile Banking has a lot of advantages. It is very accessible and very convenient. Aside from that, online banking will be much more beneficial to use if you can get cashback rewards from using it.
Oxygen (https;//oxygen.us) is an online back that gives its users up to 6% of the amount they spent and you don’t have to take the risk of getting into debt just to earn cashback rewards because with oxygen, having a credit card isn’t a requirement. Plus, you can get many money-saving perks that you can enjoy by using this bank!
Here are some benefits:You can earn up to 6% unlimited cash back depends on the type of your account.If you are a food and coffee lover, you can get $1 cashback for every food and coffee purchase!Oxygen savings account can access over 40,000 ATMs that have no fees.You can get paid 2-days early if a direct deposit is set up.You can get advantages like cellphone protection, lost luggage protection, hotel theft protection, and other amazing perks!
6. Looking for a Job? Get a Job as Quickly as You Can
Who doesn’t want to get a job easily, right? We all do want that and that is possible with JobGet (www.jobget.com). Looking for a job in JobGet isn’t stressful. You can apply for jobs in JobGet and be employed in 24 hours or less! It is a job search app used by thousands of great and well-known companies that are involved in various types of industries like hospitality, retail, and restaurants. There are jobs that hire job hunters for full-time, part-time, contract, internship, freelancing, and even gigs!
When you create a profile, JobGet will transform it and will turn into a resume. JobGet is really stress-free. You can apply for a job with just one click and you can start communicating and chatting with employers and clients within just five minutes. An additional thing, you don’t need to create a cover letter!
Pro Tip: In JobGet, you have a wide range of job choices that you can apply for in just a short period of time. With that, you can compare all the jobs you applied for and pick something that is high-paying.
JobGet launched in 2019 and it helped more than 100,000 people to have a job only within its first year and the number of people who got a job in JobGet continues to grow. There are many companies that use JobGet to find new employees. Some examples are Steve Madden, Nordstrom, Holiday In Express, Ramada, Cava, Outback Steakhouse, Star Market, and Whole Foods.
If you are interested, go and grab your chance! One-click can make you earn money and can change your life. By looking for a job here on JobGet, you can gain a job that will help you start, build, and level up your career.
7. Improve Your Financial Health
Improving your financial health means improving your whole life. Having the skills to continuously improve your financial health is such a big advantage that will help you avoid financial concerns.
If you are struggling with how you can save hundreds of dollars from your bills, you should try Hiatus (www.hiatusapp.com). Hiatus is an award-winning app that aims to help people improve their financial health and have control over their finances.
To start using Hiatus, you have to connect your bank account to the app. After that, get yourself ready to witness that this app is a game-changer.
Through this app, you can:Get an overview of your regular expenses like your bills and utilities.You can cancel the unwanted and old subscription through this app and you’ll also be reminded of the subscriptions you already forgot about.Monitor your bills and upcoming renewals and you can also get alerts if there are changes in rates.Track your expenses, plan and set a budget for your various expenses categories, and get overdraft alerts.
If your account is premium ($10 per month).You can get an ongoing analysis of your spending with personalized insights and suggestions.You can get access to money experts who will help you organize and negotiate your bill rates.
Now, if you want to have full control over your expenses and want to achieve healthy financial health, give yourself a chance to learn more about it.
8. Learn Pieces of Advice About How Can You Master Making Amazing Money Moves
Want to have that smart swag in saving money? Be open-minded to take advice that will help you make amazing money moves.
Being smart with handling money is a gift. So if you want to be better with money and want to build wealth, take time to try Money Scoop (www.morningbrew.com). Money Scoop gives its subscribers free advice about mastering finances, managing money, and building wealth. It is a personal finance newsletter that guides people to be smarter with money.
With Money Scoop, you will learn about: Types of different investments that can help you have a long-term or even a lifetime wealth.How to maximize tax returns. How to manage your daily expenses. What strategies you can do to meet saving goals. Preparedness for retirement. And many more things.
Money Scoop is created by the inventors and producers of Money Brew, which is a popular daily tech and business newsletter that has more than 3 million subscribers.
By trying Money Scoop, you will be able to improve your skills in taking care of your money that can lead to building wealth.
9. Find High-Paying Jobs Near You or Online
You can find jobs literally everywhere. You can look for jobs online or in the places near you. Your choice. Seeking a job will be easier if you will look in a job board that gives you a lot of job opportunities.
FlexJobs is a job board that gives people a chance to find a job that can be remote, telecommute, or at home. You can find a job that is high-paying with a flexible schedule.
Here are some jobs that you can try: Bookkeeping – you can work from home as a bookkeeper and you can earn $75+ per hour. A good deal, right? You can also try checking out Bookkeeper Launch for you to gain knowledge about everything that you need to learn about being a bookkeeper, finding clients, and growing your business. Proofreading – if you know that you have what it takes to be a proofreader, try to look for proofreading jobs. But, if you are not that confident to be a bookkeeper, you can try using Proofread Anywhere that offers free proofreading workshops. Being a proofreader is on-demand, so consider yourself to be one!Blogger – if you like expressing yourself, you can consider that as a career! It is proven that through blogging, you can make money and be successful. If you got that writing skills, go for blogging.
Whether you are working remotely or not, always remember that you can slay that job, Mommies!
10. Investing in the Stock Market and Getting the Most and the Best Out of it
Saving money is a smart move, but investing it is smarter. One of the ways that you can invest your money is through the stock market. Over the century, stock markets returns have averaged 10 percent.
Reminder: If you don’t actively invest your money, you are actually losing your money and having less chance of growing your money. Be smart and active.
Meanwhile, if you don’t understand how stock markets work, Ellevest (www.ellevest.com) is there to help you! Ellevest is an investment tool and a robo-advisor that is intentionally designed for women. By understanding the basics of investing, you will be confident enough to pick a company, plan to safely invest your money, save money for your kids’ college, and more. To all mothers out there, you deserve that kind of security.
With a payment of $1 per month on Ellevest, you will have: Free financial planner A personalized investment portfolio that suits your financial situations and goals. Free helpful online workshops, email courses, webinars, and video resources that will help you understand better finances and career advancement.
Investing your money in the stock market will be worth it. Saving is important, but investing is something that you should also consider. Be wiser and grow your money!
11. Buy Life Term Insurance
Protecting the lives of your family with insurance will help you be worry-free about making rent, breaking your car and don’t have enough money to make repairs, and more.
As a single mom, you are your kids’ primary caregiver and of course, you are worried if something horrible will happen but with enough life insurance, you can now lessen your worry as your children will be cared for financially.
Bestow (www,bestow.com) is an amazing company that allows its customers to apply and buy life term insurance online, with guaranteed no medical or lab exams. Bestow offers a deal that starts at a price of $10 per month, for $50,000, 10-year policy that is only qualified for a healthy 30-year-old non-smoker.
Pro-tip: The younger you are when you purchase an insurance policy, the more affordable it will be for you.
Be worry-free, be always ready. Grab a life term insurance!
12. Create a Single-Mom budget, Get rid of Debt, and Improve Your Credit Card
Reducing your expenses means fewer bills and less money will be wasted. By improving your credit score and history, you can have more options and more control over your money.
Start applying for a 0% balance transfer credit card through Card Ratings. (cardratings.com) and if you want to monitor credit results fast, you should try Experian Boost (experian.com). it is a tool that is totally free and can easily boost your FICO credit score. A 13-point increase is the average boost of the users.
With a high credit score, you can really change the lives of your family. You can get a car note, inquire for a mortgage, create a business or student loan, and more. To improve your credit score, consider Experian Boost as your buddy.
13. Sell Your Old and Gold, Silver, or Diamond Jewelry That You Can Let Go Of
The money you can get from selling your old and gold, silver, or diamond jewelry can give you lots of benefits. One of these is that you can start creating your own business, emergency funds, and more. Also, selling your pieces of jewelry that have value is also being practical.
Having your own business is one of the ways for you to earn money. It is better to start a business out of your interests so that you can make money and enjoy yourself at the same time.
Emergency funds are also important. It will save you if something unexpected happens like unemployment, natural disaster, medical event, and other scary stuff.
CashForGoldUSA (www.cashforgoldusa.com) is a great choice to sell your old and gold jewelry. It is rated A+ by the Better Business Bureau that pays you within 24 hours.
Want to be practical? Try selling your old jewelry then! It will surely go a long way.
14. Crush Those Big Financial Goals Through Loans
When it planning to raise the funds needed for some of life’s bigger and unforgettable moments – like buying a car, starting your own business, or placing a down payment on a home – a loan can be the best way for you to achieve that. Through Credible, you will discover the best things to choose that is best for your budget. Credible is a marketplace that lets you create comparisons and shop loans from multiple lenders in one place online.
Here are the ways to use its maximum potential: Head to the website Take two minutes to fill out a couple of questions about yourself and your loan needs. Credible will take that information and come back to you with a series of loan offers you already prequalify for that best suit your financial situation, concerns, and needs.You can also compare rates, pick the one with the terms that you think is the best for you and apply for the loan.Once approved, you’ll get access to your funds within a few days.
Credible also offers its users loans that range between $1,000 and $100, 000 with a starting rate of 2.49%. If you have a 600 or higher credit score, you have more chances to be qualified for low rates. It is 100% free to use and it will never impact your credit score to see what loans are available to you.
Loans will never make your financial health weak. It will serve you for a long time.
15. Change and Improve Your Money Mindset as a Single Mom
You can’t change your financial condition if you will never change your perspective on finances. Single moms, you are capable of doing many things! If there are limiting beliefs on your mind, don’t let them control you.
Writing your limiting beliefs about money can help you to think positively. It will help you release yourself from all the limitations you set up for yourself. Again, you are amazing! You can do a bunch of wonderful things! You can make money and build wealth if you believe in yourself.
Also, identify your support system. Single moms, you deserve people that do support your goals and dreams. You deserve people who love you unconditionally. You deserve people who believe in you. You deserve to have people in your life that you can consider as inspirations and they also get inspired because of you. You deserve all the good things the world has to offer.
Being a single mom will never be easy. If you feel like you need therapy, don’t be ashamed to get one. BetterHelp (www.betterhelp.com) is a good option especially if you are a busy single mom. In BetterHelp, you can have online counseling and it allows you to choose from thousands of certified and licensed councilors anonymously.
Be a good role model for your kids in terms of managing money too. As a mom, you have this role to teach your kids about the importance of saving, setting budgets, and investing. If you do things contradicting these, it is possible that your kids will repeat your bad habits. Give your kids a part in your money journey. Don’t pressure them, just show them how to handle money in good ways.
Here are some ways you can teach your children and will help you save money:Set them up on an allowance system so that they will be responsible for spending money. Set a family money goal. For example, your kids want to have an ice-skating outing that costs $50, you and your kids should think of ways on how you can save up $50. Get creative and pay attention to your expenses and stop overspending your kids.
Whether you like it or not, your kids can see and watch you. Be a good role model for them, you can do it, mom!
You are already the best, but try to think of giving yourself a mental glow-up, mommies! By then, you can be more amazing moms to your kids. Removing your limiting beliefs, identifying your support system, and being a good role model for your kids can help you improve yourself and have that life-changing mental glow-up.
These are numerous ways to earn additional cash, many of which you may not have considered. That’s why we put together this comprehensive list of methods to make extra money when you need it, whether it’s by investing, picking up a high-paying side hustle, or using some of our favorite web tricks.
Inspiration and Motivation booster: 5 Different Success Stories of Single Moms (from www.gobankingrates.com).
Here are some success stories of different single moms that can inspire you. If they can be successful, absolutely, you can do that as well. You can relate to the struggles they experienced before and soon, it will be possible for you can relate to their success stories too.
1. Cathy Hughes
She had her first child at the age of sixteen years old and was also divorced. She raised her son all by herself. With her hard work, she became the very first woman to own a radio station that ranked no. 1 in any major market. She was also the first African-American woman to handle and head a publicly-traded company.
Cathy Hughes is the founder and chairperson of Urban One or known as Radio One before.
2. Joy Mangano
Just like you, she also experienced struggles in paying bills. She used as an airline reservations manager and waitress. Joy Mangano success story was the inspiration behind the film “Joy” by David O’ Russell.
She is a single mother, an entrepreneur, and best known for inventing the Miracle Mop. She also has other ingestions like the Huggable Hangers which are the bestselling product in the history of HSN. Through starting a business and inventing products, she overcomes her financial problems as a single mom. You can be successful just like her!
After launching her career, she then founded the company Indigenous Designs LLC and sold it to HSN in 1999 eventually. She also served as the face of the network for almost two decades. She launched the CLEANBOSS and she has now a net worth of $70 according to Celebrity Net Worth.
3. Emma Johnson
Emma Johnson is a single mother of two children. She is the founder of the blog website called Wealthy Single Mommy last 2012 with the purpose of connecting with other single moms and providing inspiration and helpful information to this community. She first started as a freelance journalist who was making barely enough money to spend. Now, her blog is the largest single-mom organization in the world with 300,000 monthly viewers. Another thing about her blogging success, she also made the book entitled “The Kickass Single Mom”.
Emma also stated on her site that being a single mom isn’t easy, but it can be brilliantly fulfilling. You agree, right?
4. Eileen McDonnell
Ellen McDonnell became a single mother during her mid-40’s. She adopted her daughter from Russia. She became the CEO of Fortune 1000 company, the insurance firm Penn Mutual.
Actually, she wanted to step away from corporate life work after she adopted a child. But then she was asked to apply for the role of CMO and she had her conditions. She wants to have flexibility. With that, the board agreed and decided to give her the flexibility that she wants and she got the job. After two years, she was promoted to president and became Chief Executive Officer in the year 2012.
Just like her, you can be the mother that you want to be while rocking your job!
5. Mellissa Keiling
Mellissa Keiling is the founder of PackIt. Before that, she got into a divorce in 2008. She was left broke and had no idea how she will raise and take care of her three children alone. She had no career or work experience that she can use after she stayed at home for a decade to raise her kids. She experienced only having $13 on her checking account and the bank also reposed her car.
One day, her kids complained about their fruits getting mushy inside their lunch boxes. When that happened, she realized that an insulated lunch bag is needed and effective to avoid this. She then decided to create a lunch bag that includes built-in gel packs into the lining and created a prototype using her cut-up shower curtain. Moms are really resourceful, aren’t they?
She presented her idea at a trade show and caught the attention of money buyers at Target. Buyers told her to educate her potential customers about how her product works. Mellissa Keiling used a $2 million investment in the company to produce an infomercial, and her product gave her success and wealth.
These are some examples of amazing women and great single moms and their success stories. For sure, there are so many single mothers out there who became very successful. You can be one of them too by considering all the tips that were stated earlier. Do not be afraid to take a big step and do not be afraid to try. Attempting to do different ways to gain success is way better than dwelling on your negative emotions and problems.
Single moms, even if you struggle, you are still holding power, wisdom, grace, and strength. And we admire you all for that. Always put in your mind that all the struggles that you are experiencing will never last a lifetime. All of your problems will pass. You can go through all of those and you will turn out to be a better version of yourself. Try considering these tips and ways on how can you make more money and build wealth and make your 2022 the best year ever! You are on your way to gaining more money, building wealth, and making your and your kids’ lives more comfortable, enjoyable, and worry-free about money!
Related article: https://www.bylisaglam.com/how-to-be-a-wealthy-single-mom/
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