Single Mom Breadwinners: What's The Secret to Success?
Studies show that the number of breadwinning moms is on the rise—including some seriously ambitious sisters who are doing it for themselves. How? Here, five single moms share how to balance being Mom and the main money maker
Profession: founder and CEO of Hoboken Strategy Group, a boutique government relations and business development firm
Number of Children: one daughter, age 2
City: Hoboken, New Jersey
What’s the biggest obstacle you’ve overcome as a working single parent?
Finding personal time. I haven’t seen a movie or read a book in 2½ years. I have a vague recollection of what a massage feels like. Last-minute drinks with friends? Not happening. Girls weekend? Not a chance. A workout class costs me double: $30 for the class and $30 in childcare. It’s just not cost-effective. So now, I run with my daughter Lily in the jogging stroller in the mornings before work. The upside is it’s free and good for me. The downside is it takes an hour of my quality Lily time away. She sits in her stroller engrossed in the iPad. I’d much rather be interacting with her, but running clears my head.
How do you juggle work and childcare?
I have a full-time nanny who works from 8 to 5 pm and she stays late once or twice a week when I have to work late for public meetings. Daycare wouldn’t work for me since I have frequent night meetings. My nanny is amazing, but it’s expensive. I pay the equivalent of Harvard tuition for a 2-year-old! We need to have a serious public conversation about childcare options, especially when 40 percent of all family breadwinners are women. I’m a big proponent of full-day kindergarten and quality after-care programs.
What’s your best advice for fellow single working moms?
Learn to manage your time efficiently. I order as much as I can online. I can’t live without Diapers.com or FreshDirect. It saves me from wasting time doing errands. I can order all my household items from the comfort of my couch after Lily goes to bed! And, by checking for coupons online or buying in bulk, it is cost effective too!
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