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Planning for the future is as important to an individual who is single as to one who is married. As a single person managing your money effectively is non-negotiable. Unlike a double income household, being single entails looking after your finances and expenses alone. You have to face any challenge that comes your way without the safety net of another income. For single parents, ensuring that your children are well looked after becomes all the more important and saving for the future becomes imperative. There are several changes you can make to your lifestyle that will help you get out of debt and more importantly, stay debt free. From curbing unnecessary expenses to planning for your retirement, from getting a health insurance policy to preparing a will, money management is a responsibility that everyone has to pay heed to, married and single alike.