Why Are You Transitioning to Single Income? There are two situations in which you might find yourself transitioning to single income. In scenario one, you're getting a divorce or separation. Therefore, you're going down to one income but you're only supporting yourself (or potentially you and your children.) As a result, your income will change but so might your financial needs. On the other hand, in scenario two, one person in a two-income household won't be working for a little while. Perhaps Read more [...]