One of the most daunting aspects of beginning the journey of motherhood is financial concerns, such as how to stretch your budget now you have an extra mouth to feed. Fortunately, because most money saving is simply a case of breaking bad habits it is possible to make some serious savings without making too many drastic changes to your current lifestyle. Below are some of the top tips from moms who have found creative ways to save their money.
Make It Impossible to Spend Too Much
Whenever you head out to the store, plan and cost your trip in advance and only take with you the money that you’ll need to get what you plan for (if you’re really worried, take a few extra emergency dollars), this will immediately prevent the majority of impulse purchases, which are where most of us spend unnecessarily. It tends to be the things we think we need rather than the things we actually need that end up costing us the most money.
Turn Your Lights Off, Save Money on Your Bills!
Most money saving is a case of breaking existing bad habits, and as far as bad habits go, this is one of the big ones! By turning off the lights, and other appliances, when you leave a room, you can make some serious savings with little effort. You should constantly review your bills and your energy use to see what areas you can make some savings in and where the inefficiencies are.
You can also make some savings on the money you pay on monthly bills for your phone and internet service. If you’re a long-time customer of a particular provider for these services, get in touch with them and see if they would be prepared to offer you any reductions or special offers as a long-time user. You should also check with these companies what exactly you are being billed for, as many people are unwittingly paying for services that they never use.
Consider Purchasing a Newer Vehicle
While adding in a car payment doesn’t seem like it would be a great way to save money, purchasing a new vehicle can actually save you money. New vehicles come with great warranties and some even come with amazing service packages which can save you a lot of money throughout the year. You might even be able to lower your current payment by trading in your vehicle for something with a lower payment. Visit Apple Valley Hyundai and see if they can help you save on your car payment!
Always Prioritize
No matter how well your money saving efforts may or may not be going, you should always be prioritizing your spending and getting the most important stuff like the weekly or monthly grocery shop out of the way sooner rather than later.
By following these simple steps and implementing some sensible measures of your own, you’ll be well on your way to bulking out your purse and making significant savings on your everyday expenses.