Are you a stay-at-home-mom and want some tips for saving money?
I have been a stay-at-home-mom and a working single mom and have had success with these tips I am going to share today.
Maybe you are a struggling to make ends meet or would like to be more frugal with the money you do have.
Use one or all of these tips for your family and let me know how they help.
Make a budget and stick to it!
Create your budget for your family. Go over every penny you spend and make sure all of your money has a place to go. If you have money left over after bills, food, savings, etc. then you should have a zero budget. Stick to this budget and don’t stray from it.
Eat at home and limit eating out!
Plan for your meals and meal prep so you are not caught off guard with nothing for a meal. This will keep you from running in the grocery store spending extra money above your grocery budget and keep you out of the drive through. Plan when you will splurge and eat out.
Use cash for purchases!
Instead of swiping that debit card or even worse the credit card use your cash. If you use cash you will think more about what you are spending. Seeing that hard earned money in your hand makes it harder to spend. When you are feeling it go through your hands at each purchase it sinks in. You also won’t overspend. If it is not there then you wont spend it :).
Prioritize and Sacrifice!
You will need to decide what your priorities are. Do you want to stay home? Then you may have to sacrifice getting your nails done and driving the newest minivan or suv. Do you want to eat healthy all the time? Then you may need to make a garden and can food to eat during the winter months. Do you want to build a savings big enough to pay off your home? Then you may have to downsize or not take vacations for a couple of years. You have to decide what is important to you and then decide what you are willing to sacrifice to make those priorities work. It may be hard at first but will be worth it in the end.
So, if you are a stay at home mom or just wanting to be I hope these tips helped you.
These tips for Saving Money When You Are A Stay- At-Home-Mom have really helped me in my journey to stay home with my kids and be frugal.
Please like and share. Thank you!