152: Building Wealth As A Single Mother With Chaka Serrant

Managing your finances as a single mom can be challenging, but despite this with intention and focus you can build wealth and become financially successful. Today's episode is sponsored by SmartyPig! SmartyPig is a free online piggy bank for people saving for financial goals like holiday gifts, vacations, and even retirement. When you open a SmartyPig account, there are no fees! This means there are no fees to join, no fees to save, and no fees to withdraw your money. SmartyPig online savings accounts are offered through Sallie Mae Bank, Member FDIC. LEARN MORE ABOUT SMARTYPIG: https://www.SmartyPig.com/?DTD_CELL=RDPCSMDCOTDOOTOTOTHOTHRN010000 My guest on this episode of the podcast is my dear friend Chaka Serrant she shares money tips for single moms based on her experience building wealth as a single mother. MORE ABOUT CHAKA: Chaka Serrant is a Management Consultant at a Global Technology Consulting Firm and Licensed Cosmetologist. As a boy mom and a believer in Christ, her focus has shifted to being a good steward over her time, finances, and relationships. After finding herself in debt continually, something had to give, she became intentional about her career, paid debt, and diversified her investments with real estate, retirement savings, stocks, and began working with a Financial Planner. One of her financial goals is limiting her taxable income during her retirement years. As a single mom, she has learned that sometimes we can't do it all once, so outsource, it's ok to ask for help! WHAT WE DISCUSSED ON THIS EPISODE: - Chaka shared her biggest challenges savings and investing as a single mom and what she has done with well. - How she's prioritizing her mental wellness and leveraging help to parent successfully. - How she focused on earning more once her son came into the picture. - She also shares what she's teaching her son about money and the legacy she wants to leave for him. AND MUCH MORE KEEP UP WITH CHAKA: Via Instagram at https://instagram.com/chakaserrant ❤ Access our FREE COURSES at clevergirlfinance.com/course-packages/ (All 30+ courses are free right now) ❤ Get the Clever Girl Finance book: clevergirlfinance.com/book ❤ Follow on Instagram: instagram.com/clevergirlfinance