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There are incredible moms and dads all over South Africa, and the world, who are doing a great job raising their children by themselves. They often face the challenge of doing all of this on a single parrnts.

This causes a financial strain and can be overwhelming, but there are a few ways to take control and own your financial freedom. Think about your money as single parents south africa directly related to your ability to provide for your children and so, knowing your way around the financial side of things becomes immediately important.

Having a budget will help you plan better.

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Do try and save between 10 and 15 percent of your salary — so try your best single parents south africa work that into your budget. Taking out life insurance can help you make provision for the costs of raising and educating your children should something happen to sinle that makes you unable to support your children financially due to illness, injury interracial Waterbury sex death.

When considering life insurance, think about your cover in terms of both your income needs to cover your living expenses and asset single parents south africa protection farica pay off debt and secure your major assets.

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Biz News. Some ways to get financially savvy: Ask for advice: Soouth, budget, budget Having a budget will help you plan better. BrightRock Tags: Share 0.

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