Budgeting for the Single Woman
Everyone should be familiar with budgeting, but it’s especially crucial for single people. As a single person, you may have to take care of all your finances and expenses on your own. Because of this, you may have difficulty making ends meet. In addition, a single income means a lower level of accountability. What’s more, in the U.S., nearly 118 million people are single, or about 46%, according to the U.S. Census Bureau. As of 2021, a record-breaking 52% of women are either unmarried or separated, according to Wells Fargo Economics. Why is that so concerning? Financial advisors who work with ...