Are you an Only Parent? A single or divorced mom or dad?
Pulled in multiple direction, single parents often have the least time to deal with important financial matters. People parenting alone need to designate a custodian for their children if the unthinkable happens and make a plan for the financial wellbeing of their children.
Most of the people I talk to who are parenting alone put their kids first. They worry about what their kids need before they worry about their own needs. We have all heard the phrase “put the oxygen mask on first,” but single parents rarely heed this advice.