Welcome to MindYourFinances.com!
We aim to provide you with the knowledge and skills that help you manage your money and credit. We are not here to sell or promote any specific product or service. Rather, our goal is to help you foster financial wellness.
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Single Moms Can Buy Houses Too.
Just because you're a single mom doesn't mean you have to give up your dream of owning your own home. Here are some steps you might take to acquire a new house, plus a few other financial tips.
Figure out how much house you can afford. A general rule is to look for a house two and a half times your annual income.
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Develop a Spending Plan
A spending plan is another tool that reveals the impact goal setting could have on your personal finances. A spending plan, or budget (read Budget Don't Make Me Do It!), is your first step to building financial responsibility, and it is critical to effective decision making when developing your goals.
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Get Rid of Debt
Managing debt takes persistence and dedication but once you rein in your debt, you'll be glad you did, and you'll be much better off financially and emotionally.
Here are a few ways to get you started toward debt elimination:
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