This may or may not be well received, but hear me out on this.
I was reading the USA Today the other day as I was eating breakfast at the hotel in Sacramento, CA. In the bottom left corner of the front page, I saw the below snapshot. I took a picture of it with my Blackberry camera (which is basically a terrible camera). Take a minute to look at the statistic that is shared.
The USA Today Snapshot shares the statistics of “Percentage of U.S. Births To Unmarried Women”, and I believe it is a very telling statistic as to why so many Americans are struggling financially.
Of course, one statistic does not tell the entire story. We are not told how many of these children are being fully supported by their fathers. We do not know how many families are living together, but are unmarried. What we do know as financial coaches and teachers is that single moms are the number one group of people that we see struggling financially.
For single moms, the struggle is not just financial. It is also extremely emotional, spiritual, and time-consuming.
Instead of two people to carry the financial load, many times the single mom has to carry it because the father fails to fulfill his obligation to pay child support.
Instead of two people to carry the emotional load of being a parent, one parent has to carry it – usually the single mom.
Instead of two people to take the child to the doctor, to school, to dance class, to football practice, it is done by one of the parents – usually the single mom. This is all done in addition to their daily work.
We are passionate about helping people accomplish far more than they ever thought possible. The task becomes much greater when we encounter this situation.