#personalfinance #financialliteracy #singlemoms
The financial concerns of a single mom or a divorcee, or even a single dad or a divorced man, can be vastly different and more immediate compared to others. Yet, the topic is not discussed much, especially in traditional and Asian societies.
Joanna Leng, who is passionate about financial security for divorcing women, shares bravely from her personal experience. She is a Certified Financial Planner with over 10 years of experience in the industry.
In this session with Money Playschool Founding Editor Benjamin Ang, she shares:
✅ What financial consultants get wrong when planning for divorcees
✅ Her experience seeking alimony and child maintenance payments from her ex-spouse
✅ Her money and budget tips to her sanity by planning for predictability and stability
✅ Her words of encouragement to those who may be struggling as they face the reality of being a single mom or divorcee
? Not to be taken as professional advice as everyone’s situation is unique. Please seek advice from licensed financial advisers, lawyers, counsellors, professionals for any help and advice that you may need.
Connect with Joanna on LinkedIn: https://www.linkedin.com/in/lengjoanna/
If you prefer to read, check out her article here: https://www.moneyplayschool.com/money-tips-for-single-parents/
Remember to subscribe to Money Playschool’s YouTube Channel: https://bit.ly/MPSYouTube
Questions or help needed on divorce matters? Here are some resources to check out.
Divorce Support – Ministry of Social and Family Development: https://www.msf.gov.sg/divorce-support/Pages/default.aspx
Association of Women for Action and Research (aware): https://www.aware.org.sg/information/divorce-2/
Divorce Support Programmes and Services – Family Central: https://www.family-central.sg/divorce-support-programmes-and-services/
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