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Susan Reynolds - The Everything Guide To Personal Finance For Single Mothers Book: A Step-by-step Plan for Achieving Financial Independence

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Susan Reynolds The Everything Guide To Personal Finance For Single Mothers Book: A Step-by-step Plan for Achieving Financial Independence
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Are you a single mother who worries about your familys financial future? The Everything Guide to Personal Finance for Single Mothers has the savvy financial advice you really need. Packed with helpful tips and sound financial practices, this practical yet inspirational guide leads you on a step-by-step journey to financial independence and security. This guide features tools to help you: Assess current financial health; Set goals near and far; Narrow the wage gap; and conquer debt. From how to get out of debt, establish good credit, and qualify for a mortgage to opening a college fund, planning for retirement, and even starting your own business, The Everything Guide to Personal Finance for Single Mothers is the financial advisor you need to secure your future-and that of your children. Susan Reynolds is a journalist, author, businesswoman, and single mother who handles her own financial affairs, including managing her retirement fund. Robert A. Bexton, CFA, has been an investment analyst since 1999. Currently, he manages $70 million of clients assets for Moirai Capital Management. He holds the prestigious Chartered Financial Analyst designation and earned a B.A. in Economics from UC Berkeley.

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The Everything Guide To Personal Finance For Single Mothers Book A Step-by-step Plan for Achieving Financial Independence - image 1

THE EVERYTHING GUIDE TO PERSONAL FINANCE FOR SINGLE MOTHERS

A step-by-step plan for achieving financial independence

Susan Reynolds and Robert Bexton, CFA.

The Everything Guide To Personal Finance For Single Mothers Book A Step-by-step Plan for Achieving Financial Independence - image 2

Copyright 2007, F+W Publications, Inc. All rights reserved.

This book, or parts thereof, may not be reproduced in any form without permission from the publisher; exceptions are made for brief excerpts used in published reviews.

An Everything Series Book.

Everything and everything.com are registered trademarks of F+W Publications, Inc.

Published by Adams Media, an F+W Publications Company 57 Littlefield Street, Avon, MA 02322 U.S.A. www.adamsmedia.com

ISBN 10: 1-59869-248-8

ISBN 13: 978-1-59869-248-8 (paperback)

ISBN 13: 978-1-60550-270-0 (EPUB)

Printed in the United States of America.

J I H G F E D C B A

Library of Congress Cataloging-in-Publication Data

Reynolds, Susan.

The everything guide to personal finance for single mothers / Susan Reynolds and Robert Bexton.

p. cm. (An everything series book)

ISBN-13: 978-1-59869-248-8 (pbk.)

ISBN-13: 978-1-60550-270-0 (EPUB)

ISBN-10: 1-59869-248-8 (pbk.)

1. Finance, Personal Handbooks, manuals, etc. 2. Women Finance, Personal Handbooks, manuals, etc. 3. Single mothers. I. Bexton, Robert. II. Title.

HG179.R429 2007

332.0240086947 dc22

2007001121

This publication is designed to provide accurate and authoritative information with regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional advice. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

From a Declaration of Principles jointly adopted by a Committee of the American Bar Association and a Committee of Publishers and Associations

Many of the designations used by manufacturers and sellers to distinguish their products are claimed as trademarks. Where those designations appear in this book and Adams Media was aware of a trademark claim, the designations have been printed with initial capital letters.

This book is available at quantity discounts for bulk purchases. For information, please call 1-800-289-0963.

The The Everything Guide To Personal Finance For Single Mothers Book A Step-by-step Plan for Achieving Financial Independence - image 3 Series

Editorial
PublisherGary M. Krebs
Director of Product DevelopmentPaula Munier
Managing EditorLaura M. Daly
Associate Copy ChiefSheila Zwiebel
Acquisitions EditorLisa Laing
Development EditorJessica LaPointe
Associate Production EditorCasey Ebert
Production
Director of ManufacturingSusan Beale
Production Project ManagerMichelle Roy Kelly
PrepressErick DaCosta Matt LeBlanc
Design and LayoutHeather Barrett Brewster Brownville Colleen Cunningham Jennifer Oliveira
Cover DesignErin Alexander Stephanie Chrusz Frank Rivera

Visit the entire Everything Series at www.everything.com

THE The Everything Guide To Personal Finance For Single Mothers Book A Step-by-step Plan for Achieving Financial Independence - image 4 Guide to Personal Finance for Single Mothers

Dear Reader,

After an acrimonious divorce, I raised my daughter and son virtually alone for fifteen years. I have faced the challenges you face, and I conquered most of them. My children and I weathered several financial downturns and learned valuable lessons about personal finance, inventiveness, and frugal living. What I want you to gain from this book which Robert and I have labored to make highly informative, relevant, and understandable is that you can be the pilot of your own financial ship. You can master the language and the skills required to navigate what may appear to be choppy financial waters, and you can establish habits that will make it entirely possible for you to build a healthy and wealthy life for yourself and your children. I hold fond hopes and dreams for you, my many soul sisters who strive so very, very hard to raise children under difficult financial circumstances and to whom I say, Take the reins of your financial fate, educate yourself, act decisively, invest in your future, live long, and prosper.

Susan Reynolds

Robert Bexton, CFA

This book is dedicated to all single mothers who are working diligently to create a brighter future for themselves and their children; also to my former advisor, Jan Berry Kadrie; my sister, Rozanne Reynolds, as well as my soul sisters, Paula Munier, Gale Giorgi, and Wanda Whalen, all of whom raised fabulous children, virtually alone; and my children, Brooke and Brett Aved, who inspired this single mother and made it all worthwhile.

Welcome to the EVERYTHING Series!

These handy, accessible books give you all you need to tackle a difficult project, gain a new hobby, comprehend a fascinating topic, prepare for an exam, or even brush up on something you learned back in school but have since forgotten.

Important sound bytes of information You can read an EVERYTHING book from cover - photo 5

Important sound bytes of information

You can read an EVERYTHING book from cover to cover or just pick out the information you want from our four useful boxes: e-facts, e-ssentials, e-alerts, and e-questions. We literally give you everything you need to know on the subject, but throw in a lot of fun stuff along the way, too.

The Everything Guide To Personal Finance For Single Mothers Book A Step-by-step Plan for Achieving Financial Independence - image 6

Quick handy tips

We now have well over 300 EVERYTHING books in print, spanning such wide-ranging categories as weddings, pregnancy, cooking, music instruction, foreign language, crafts, pets, New Age, and so much more. When you're done reading them all, you can finally say you know EVERYTHING!

Urgent warnings Solutions to common problems Acknowledgments We wish to - photo 7

Urgent warnings

Solutions to common problems Acknowledgments We wish to thank Paula Munier - photo 8

Solutions to common problems

Acknowledgments

We wish to thank Paula Munier, Lisa Laing, and Jessica LaPointe at Adams Media for their professional contributions; Brian Ballerini for his consultation and networking skills; Margie Myers and Kenny Harris for moral support and consultation; the San Francisco Public Library and Borders in Emeryville, California, for the endless cups of coffee and loan of many books.

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