Image copyright: Popsugar
Let’s be honest: money matters aren’t always easy. Between child care, activities, and everything else under the sun, it adds up. And since parents usually want to do everything for their kids, being a frugal mom can seem like an uphill battle. But all hope isn’t lost. Here are 10 easy ways you can save money in order to both maximize what you live on week to week and save ahead for a rainy day. And the best part? You’ll be a great example to your children on how to handle finances later in life!
Creating a budget is the first step to getting your finances together. When you create the budget, consider money for emergencies and necessities only first. Then, see what you have left over. Designate a certain percentage of that “leftover” money as savings.
If you can buy in bulk, do it! It’s always cheaper in the long run. Just be careful with items like produce, as you don’t want them to spoil.
While you might steer clear of the car seats and cribs at a yard sale, you should keep a close eye on things like bikes and toys. You don’t need to drop serious dough on something your kid might use for six months. And since those bigger items can be very expensive, buying them secondhand saves you cash.
OK . . . I know this one is very hard, especially if you’re a dedicated coffee drinker, but if you can whip up your own lattes or whatever caffeinated beverage you prefer at home, you’ll save big time.
Making lunches can be an annoying and tedious task, especially when you’re crunched for time at night, but making this a habit will only bring you good things. Not only are homemade lunches usually a lot healthier, but the money you save on a weekly basis by not eating out (or by your kids not buying cafeteria food) can also be astounding.
Cable is expensive. Do you really need it? What about that satellite radio in your car? Instead of getting two manicures a month, could you cut back to one? Consider the things you don’t really “need” and drop them.
Fancy name brands usually don’t mean much, so shop generic and save.
All of those promotional emails can make you want to shop, shop, and shop. Unsubscribe to most of those mailing lists, or at the very least, delete them. Don’t make yourself anymore tempted to spend money than you already are.