Photo: Sade Dennis for CS Dennis
Visual Art Communications
In our latest Make Me a Ten!
makeover, Singletary helps a single mother of two who has lost her job and watched her debts pile up. Here, a little more about our expert.
"People are born with a certain talent. If you handed me a dollar at age 4, I knew exactly what to do with it," says Singletary, who helped a reader get her finances in order for "Make Me a Ten!". As her family's most frugal child, Singletary routinely lent money to her four brothers and sisters. "I was tough. If they wanted to buy candy or toys, I'd say no," she recalls. "But a pencil for school—that was a different story." Singletary still believes "priorities lead to prosperity." It's one of the principles underlying the advice she gives in her Washington Post
personal finance column and a lesson she teaches her own kids. "We're constantly discussing money. They know we're saving for college and like to help other people. I tell them: 'We have to put away money for these things, so that's why Mommy is so cheap.'" Singletary, her husband, and their three children live in Bowie, Maryland. Get out of debt: Singletary's advice for one single mom
Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.