Financial Planning for Single Parents (MUST WATCH) | CA Rachana Ranade

This is one of the most important videos we've done.
Watch this video to understand the challenges that single parents face and the steps they can take to overcome atleast the financial challenges.

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What is covered?
00:00 - Start
02:47 - Step 1: Track your Expenses
03:47 - THE 50-30-20 RULE
07:10 - Step 2: Emergency Fund
09:12 - Step 3: Insurance Coverage
10:34 - Step 4: Short term Goals
12:05 - Step 5: Long term Goals
14:23 - Step 6: What to do with Surplus from the Budget?
16:05 - Step 7: Legal Documentation

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