Sunday, May 12, 2013

How a Single Mom of Three Scrapes by on a $40,000 Salary

http://www.dailyfinance.com/on/single-mother-personal-finance-making-ends-meet


Getting by on $58,000 a year isn't easy, but it's manageable. Doing it as a single mother of three is a near-Herculean task.

Mike Dang of personal finance blog The Billfold sat down with an anonymous mother trying to pull off this feat, and the interview is a startling look at the compromises some Americans are forced to make on limited salaries. The subject of the piece works at a nonprofit that pays her around $40,000 a year, and she gets an additional $1,500 a month in child support payments from the children's father. It's barely enough to get by.

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