When I think of Mothers, I think of my own experiences with good Moms– they’re basically superheroes. Since having my own child, I have had the pleasure of seeing just how superheroes do it all – strategic planning. The more you plan, the better you are at planning and executing your goals, which could vary from your everyday to-do list to starting your own home-based business. Everything that happens outside of planning seems to just be luck, good karma, or a manifestation of blessings – whatever coined phrase you’d prefer – either way everyone gets at least a little extra help along the way in order to help you take care of your children.
Image credit: http://www.pinterest.com
Motherhood can be one of the most rewarding roles a person could step into during their entire lives. There is no doubt, however, that motherhood can also be very challenging and extremely traumatic to a person. One of the major concerns of many Moms, whether single or married, is the issue of managing finances. Money is never a popular topic, especially when discussing how you manage it, accrue it, and spend it! Luckily for you, I have been groomed from childhood on how to at least introduce the conversation. After the months of changes to your body during the pregnancy, the hours and in my case days of labor, and the trauma of delivery, you have a beautiful soul you are to care for emotionally, physically, and ultimately financially.
Money does not have to be so taboo. We can simply start the conversation by asking about your plans. Most things we would like to do in life, whether for selfish reasons or humble, require money. Before offering up any advice for how to manage debt or a savings plan, I would encourage Moms to look at their goals. If you do not have any presently, spend some time thinking of some. Life can be much more rewarding when you are working towards something. Our children, for instance, will need items right away. Are you financially able to provide? If not, there starts your short term goal list – providing for your child. Most mothers will then look at the possibility of taking care of themselves – sometimes just the bare necessities – just to be able to effectively take care of their child(ren). Next, imagine your child(ren) want for nothing, what would you do if money was no object? Save for education or go back to school? Buy a home or pay off some debt? Invest in stocks or start a business of your own. You must clearly state what you want to do with money before you decide to pursue it in order to become a successful steward over the dollars that come in. Dare to dream and don’t limit yourself! I am a firm believer that those who set out to do a thing, accomplish it, so be prepared some time later to write a new list!
Danita Sims is an aspiring entrepreneur and workforce development professional with extensive experience in social services and Case Management. Ms. Sims has assisted a variety of job seekers, including veterans and disabled adults, with finding employment and adjusting to career changes. Many of her clients seek to transition into new careers with financial and educational barriers hindering their success. Ms. Sims shares community resources, teaches Employment Readiness, and provides Career Counseling in order to see her clients obtain self sufficient employment and pursue their career goals. Born and raised in Chicago, IL, Ms. Sims has a passion for helping people progress towards their career goals and is an advocate for education. Her BA degree is in English with a minor in African America Studies from Southern IL University-Carbondale where she also studied creative writing, journalism, and education. She also has a Master’s in Urban Planning and Policy (MUPP) with a concentration in Community Development from the University of IL at Chicago. Among her peers, she is known for simplifying complex issues, offering conflict resolution, and being able to connect with individuals of various socioeconomic statuses, cultures, skill sets, & educational backgrounds. Ms. Sims also has experience in Business Development and uses her ability to create and maintain strategic partnerships that would influence a community as a whole.