Strategies to Manage Your Money as a Single Parent Real Simple Editors
Each week on
Real Simple s
Money Confidential podcast, host Stefanie O Connell Rodriguez digs into the real financial issues people face every day. On this week s episode, O Connell Rodriguez talks to Kayla, a 35-year-old single mother of one from Nashville who is trying to stretch her income to cover herself and her son, while still paying off student loans and other debt. (Kayla is an alias, to protect our caller s identity.)
Kayla has been making good money, and was the breadwinner in her marriage. Fast forward through a divorce and the pandemic, and Kayla is struggling with her finances she has been paying alimony to her husband, dealing with a lack of child support, and trying to get adequate child care to cover her son after his preschool shut down due to COVID. This year, childcare has been like the moving target to kill us all. I just about bankrupted myself on getting a nanny, be