There's a myth out there that single parenting is not compatible with working from home. Many single moms have debunked the myth, and have been happy as a result. They were able to raise their children, while meeting the financial needs of their family. That's not to say that they didn't have to overcome obstacles, such as:

1. Managing It All

It's all on your shoulder when it comes to single parenting. You have to be the parent and sole provider at the same time, which is stressful and fearful at times. There's little room to make mistakes. One way to overcome the obstacle is to learn or improve on key skills, such as:

• Child training and other parenting skills
• Time management
• Money management
• Housekeeping
• Organizational
• Productivity

2. Debt

Debt is more than an obstacle. It really is financial slavery, and threatens your future as a single mom (and that of your children). You need to see debt for what is really is and get rid of it. Start by making a decision not to accrue any more debt. Then, create a frugal budget that you and your children can live on until you eliminate debt. Sell as many personal belongings, real estate and other assets that you can and put some of the proceeds towards paying down debt. That includes your mortgage.

3. Not Enough Money

Nothing causes more stress for a single mom, in most cases, than not having enough money to pay the bills. It's an obstacle that you must tackle and overcome to protect yourself and your children. Assess your business carefully and problem solve the issues that lead to a lack of revenue. Perhaps you're in the wrong line of work, or have fallen for an Internet marketing or other scam. Ask for help to turn your business around from experienced business owners and friends that would be willing to give you competent advice for free. Look for freelance jobs, so that you don't have the burden of finding customers all on your own. Focus on long-term freelance jobs, so that you can still enjoy the freedom of working from home and earning  "steady" pay for a little while.

4. Time for Yourself

Motherhood requires sacrifice of your time and everything else. Single parenting is no exception, but the level of sacrifice is magnified when you're a single mom. There is a way to find time for yourself, and to also balance family life and working from home. Find hobbies and activities that you can do from home while your children are asleep at night or during the day when they're napping. Some ideas are:

• Read a book or blog
• Call family and friends
• Create artwork or work on a sewing project
• Invite a friend over for coffee

You can't do something everyday, because the reality of making a living from home is that you have to work many hours a week. However, you can find a couple hours once or twice a week.

It's easy to become discouraged, because single parenting is overwhelming. If you're already working from home, you've done the right thing. It really is the best way option to be there for your children while making a living. If you're thinking about making the transition, know that many are doing what you hope to do with no regrets, despite the obstacles.

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Daphne Mallory, Esq. is the co-owner of Mallory Writing Services and has written more than 100 articles helping home based business owners and entrepreneurs start and market their business. You can learn more about her here.