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Every now & then I get quite fired up about this topic, but then I read posts about saving 40-50% of your income, & think to myself I will never be FI.

My situation - I am a single mum with 2 boys - 9 & 12. I have no debt, but the assets I thought were worth a certain amount halved last year when the ex & I separated.

I am 34 years old, an RN with not a lot of hope of my income improving dramatically, & the bills don't go down just because there are 3 of you instead of 4. And with boys, my grocery bills are doubling on a weekly basis (or so it seems!)

So what am I doing about it? Well, firstly, I am appreciating what I have. No debt, a reliable car, and my health. Plus I do have some money (about $32k at the moment, but $12k of that is earmarked for school fees).

My plan is to go back to uni to get a business degree this year. 2 years full time, which I will be able to do because social security here is really good for single parents, so I will not have to work, as I already have the cash to pay my uni fees up front (at a 25% discount). The downside of doing this is that I will not be able to save AT ALL for the next 2 years. But when I graduate, I will be on a starting salary not much less than my current one with 15 years of nursing experience, and the opportunity to increase that far more than my current job allows.

So that's my situation at the moment (sorry it's a bit long). I guess I'm just looking for some reassurance that it is possible to start with nothing, & eventually have enough to be financially independent. And please don't give me the line that both my ex AND my financial advisor friend gave me, the one that goes "but when you meet someone else....."!!

Thanks for listening.

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