The Wage Gap In America

Money gives many parents now days a very difficult time, but the once who are having the most difficult time are the single mothers. The wage gap in America based on gender has created more poverty and a larger lower class. Approximately 60 percent of the children who are living at a mother only homes are impoverished, in comparison with 11 percent of a two-parent home. Ninety percent of single parent homes are headed by females. The homes with a mother only family are at more risk of falling in the poverty line in America due to the lower earning capacity. The lack of income has been identified by experts as the most important factor of single parents falling in poverty. Income loss affects the well-being of children indirectly through a series of negative impacts on family relations and parenting. This leads to single parents experiencing a variety of stressors related to poverty. By reducing the wage gap and enhance the programs available to help those single parents in need can reduce the poverty rate and give the child a better future. …show more content…
It's easy to overspend if you don't keep track of where your money goes. Spend a couple of months adding gathering receipts and adding up your expenses so you can get a good idea of where your money goes. Next, subtract your monthly expenses from your monthly income. Because you are the sole breadwinner, you can't depend on any additional income. So, if you spend more than you take in, you have a big problem. The trick is to figure out where you can cut costs. Divide your expenses into essentials such as food, housing, electricity and transportation, and non-essentials like eating out. Look at the essential expenses and decide if there's any way you can save money, such as switching to a cheaper phone service provider or using coupons to save on groceries. Meanwhile, look at non-essentials that can be drastically reduced or eliminated