Credit.com: 6 financial musts for single parents

Raising kids takes a lot of time, patience, love, and of course, money.

Life as a single parent is a great deal of work, and you play multiple roles in the rearing and nurturing of your children. Budgeting and financial planning is a challenge for numerous people regardless of their marital or income statuses.

As a single parent, however, you don’t have much wiggle room for mistakes. Your children are completely dependent on you for their well-being.

Whether you’ve become a single parent because of the death of a spouse or partner or divorce, it’s understandable you might be completely overwhelmed.

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