Single moms can act with decisiveness and determination that will not only positively impact their financial well-being, it will set a standard for their young adult children as well. Read on to discover how even small alternations can produce amazing long-term results.

• Step back, literally and figuratively, and evaluate your financial history. Don't be afraid to retrace your steps (or make an about-face) in an effort to step into positive plans for the future.
• Research and record a new plan of action. Invite others who are succeeding at what you want to do to act as your guides, mentors, and cheerleaders (or you can learn by their mistakes).
• Move toward change and ask for accountability. A team perspective is always more powerful and effective for lasting success.
• Look at the overall picture and tie up loose ends. Make out a will. Re-establish a line of credit. Review how marital assets are filed. Allocate funds for your children's college and wedding expenses. Create a list of questions that need answers and begin locating needed information, as information equips and guides.
• Develop realistic expectations in caring for elderly relatives today. Gather family together for a discussion on how to best meet the growing needs of those you are responsible for before you are thrust into a difficult or emergency situation.

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