Single women and money

I’m Miriam Neff, and I’m Valerie Neff Hogan, with Wise Women Managing Money

 

M Most of the women in the United States are single.  Never married, divorced, widowed.  The single woman who has never married, and has no children faces unique challenges.

 

V Her rent is the same as the next-door neighbors where there may be two incomes.  Single living costs are more than half that of married people.   In an emergency, she does not have a spouse or children to back her up.   Start young to take advantage of time for your retirement portfolio.  She should keep a reserve of 12--18 months living costs in reserve.  Yes, that’s twice the recommended.

 

M Remember that you are precious to God.  His contentment and favor are yours, and His wisdom with your finances.

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