Financial Advice For Single Moms…Actually For ALL Moms

financial advice for single moms

By Jackie Pilossoph, Creator and Editor-in-chief, Divorced Girl Smiling site, podcast and app, Love Essentially columnist and author

In this week’s Love Essentially, I feature Emma Johnson, author and founder of Wealthy Single Mommy, who offers financial advice for single moms. But actually, the advice is great for all moms–all women, in fact!

Advice for women intimidated by money and finances, from a ‘Wealthy Single Mommy’

by Jackie Pilossoph for Chicago Tribune Media Group

Terrified is the word Emma Johnson used to describe how she felt eight years ago as a newly divorced mom of two young children.



“I sat there on my bed one day. I had one baby nursing and another sitting next to me, and I thought, ‘Oh my God, I don’t know how I’m going to pay my mortgage,’ ” said Johnson. “My kids and I are going to be living in our red Subaru.”

It was that fear that sparked Johnson’s mission to help other single moms when it comes to money and finances. Six years ago, Johnson, a New York City-based freelance writer and journalist, created her blog, “Wealthy Single Mommy,” a guide for professional single moms.

Johnson is the author of her new book, “30-Day Kickass Single Mom Money Makeover,” which she described as “the nuts and bolts and dirty recipe for getting your financial life on track.”

“So much of my work is about the internal mindset of what holds us back as single mothers and women,” said Johnson, who grew up in Sycamore, Ill., and graduated from the University of Illinois. “We have so many societal pressures that tell us to go for safe jobs so that we can focus on our kids, and there’s an assumption that single moms are poor. I say it can be different, but we have to decide that it will be different first.”

Here are Johnson’s nine tips for women who are intimidated by money and finances:

1. Address your single mom money mindset. (Click here to read the rest of the article, published in the Chicago Tribune Pioneer Press, the LA Times, and several other publications across the US.)

Like this article? Check out, “A Checklist for protecting your finances during and after your divorce”

Thinking about selling your wedding rings? Check out this article!


Katz and Stefani Family Law Attorneys





Featured Expert Articles

Jackie Pilossoph Jackie Pilossoph
Creator, Editor-in-chief, Divorced Girl Smiling
20 Things I Wish I Could Have Told My Newly Separated Self

20 Things I Wish I Could Have Told My Newly Separated Self

Elaine Koby Mossr Elaine Koby Moss
Vice-president and Senior Advisor, Vestor Capital
Want Financial Security After Divorce? Here’s Your Checklist

Want Financial Security After Divorce? Here’s Your Checklist

Dan Stefani Dan Stefani
Divorce Attorney, Principal, Katz & Stefani
Thinking About Divorce? Here Is Your Legal Consultation

Thinking About Divorce? Here Is Your Legal Consultation

Leslie Glazier Leslie Glazier
Real Estate Agent, @properties, Certified Real Estate Divorce Specialist
Leslie Glazier, real estate agent

Leslie Glazier, Real Estate Agent: My Review

Don Gordon Don Gordon, Ph.D
Executive Director, The Center for Divorce Education

7 Things That Contribute To Negative Effects of Divorce on Children

Ellen Feldman Brian James Ellen Feldman and Brian James
Divorce Mediators, C.E.L. & Associates
Child on a swing

How Does Mediation Work? A Step-by-Step Process

Jackie Pilossoph

Editor-in-chief: Jackie Pilossoph

Divorced Girl Smiling is here to empower, connect and inspire you. Jackie Pilossoph is the creator and Editor-In-Chief of Divorced Girl Smiling, the site, the podcast and the app. A former television journalist and newspaper features reporter, Pilossoph is also the author of four novels and the writer of her weekly relationship column, Love Essentially. Pilossoph holds a Masters degree in journalism and lives in Chicago with her two teenagers. The author of the novels, Divorced Girl Smiling and Free Gift With Purchase, Pilossoph also writes the weekly dating and relationships advice column, “Love Essentially”, published in the Chicago Tribune Pioneer Press and the Chicago Tribune online. Additionally, she is a Huffington Post contributor. Pilossoph holds a Masters degree in journalism from Boston University.

Leave a Reply

Your email address will not be published. Required fields are marked *