With the unlimited resources on the internet, financial information and resources are much easier to find and use now than they used to be. I remember calling the bank numerous times when I was shopping for my first home trying to figure out what my price range was. I was thoroughly confused by the escrow and had no idea how Read More »
Financial Advice and Budgeting Tips
Let’s face it. Making and sticking to a budget is as necessary as it is boring.
Managing a household budget in today's economy can be frustrating, agonizing, and even depressing. For single-parent families often faced with limited resources and options, getting a grip on household finances can be an overwhelming task.
Now there is specific, practical help for anyone trying to get a handle on their finances while heading a family on their own. Learn here how to develop a budget, means to save, spend wisely and make the right choices, and most importantly how to stick to the plan until budgeting becomes routine.
To really getting your budget in line may require rethinking just about everything on which you spend money. You don't have to give up the things you love to save money, but you just have to be willing to look hard. To stash away the big bucks, first chop expenses in housing, transportation and food, and other fixed expenses, then review your discretionary costs.
A physically fit body is typically the result of good health habits, such as eating healthy; regular exercise; and help from a professional in the health industry. In contrast, if we have poor health habits, such as eating unhealthy food every day; little or no exercise; and no input from a health professional, the result generally is an unhealthy physical Read More »
As a single mother you have learned how to survive on a single income. It has been a hard road but you have managed to sacrifice and take control of your financial situation. But, what if you unexpectedly lost your job tomorrow? Would you have enough money in savings to tide you over? The unexpected happens more often than we Read More »
As a mother you are keeping the family together and with all of your responsibility it is also on you to cut your family’s costs and save money where you can. Here are three tips for saving money as a mommy without taking extensive measures. Plan Your Meals Make a weekly meal plan for you and your family. Above all Read More »
Being in debt is certainly not a rosy experience. You certainly do not feel nice when the accusing fingers of your creditors point at you. Things can be worse if you are a single mom. You have no one else to rely on but you do have a lot of responsibilities. You need to support yourself as well as your Read More »
Kids are taught about sharing, safety, acceptable behavior, physical health and safety, and good study and work habits but seldom are they taught about money. These will be things that they take with them forever, after they grow up and move out on their own. Money is an important factor in life and it should be addressed in some manor Read More »
As a single mother, lets admit it, times get tough. You are fortunate enough to have your children that mean the world to you, but it doesn’t come cheap. Of course you’d do anything to keep them safe, even if that means struggling financially to support their well being. Debt can get out of hand fast and with only one Read More »
School shopping can be expensive especially if you have more than one child. Pay attention to sales and bargains and let’s not forget about tax-free week. However there are alternatives to hitting the mall that can get you saving dimes in no time! First off, start by going to garage sales and second hand stores. Some people are looking to Read More »
As a parent you are bound to face a few challenges but as single mother you are bound to face challenges everyday. Raising a child is not meant to be done alone however today it is occurring more often then traditional value holders would like to see. If you are a single mother trying to successfully raise your family you Read More »
Christmas and Valentines just passed and it’s that time of year again—Birthday time! Your budget is tight but you want to make your big boy or girl feel wonderful on their special day. Here are some ideas on how to not break the bank, again, during this birthday celebration. The first thing to do is to set a budget. A Read More »