Did you know that nearly half of all children with a single mother — 47.6 percent — live in poverty according to the U.S. census report? This number is staggering to me. A friend recently told me that she heard a report that nearly 90% of single parent families end up homeless at some point. Granted, this includes families that move in with other family members, not necessarily families living on the street. However, this news really jolted me. Ninety percent! That is mindboggling!
I began thinking about my own life as a single parent. I never expected to be a widow at 30 years old with a four year old. If it weren’t for Michael’s life insurance and the generosity of our community, we could have easily been a statistic.
There are so many families out there who do not have life insurance as a cushion to protect their loved ones if something should happen to them. My husband recently started selling life insurance with Woodmen of the World, and I have learned just how affordable insurance can be for many families.
None of us expect tragedy to hit our families, but it is our responsibility to be prepared when it comes. If you do not currently have life insurance, I encourage you to consider buying a policy. Don’t become let your loved ones become a statistic because you weren’t prepared.