Five Tips for Saving Money for Single Moms

>> Tuesday, December 13, 2011

In today’s battered economy, it is hard enough for a two earner household to manage, and so the single mom is really challenged to run a family on one income.  It may take a bit of work and a lot of imagination, but there are some things single moms can do to save money for the family.

Shop with double coupons
Using coupons can really add up to a lot of savings, and now, with the power of the internet, you even get to pick and choose the products you want to receive coupons on. For example, just type diapercoupons in the address bar, and you will be amazed at how many sites offer you coupons on diapers.  Next step, find the stores in your local area that offer double coupons, and you are on you way to saving big!

Make or package your own snacks
One of the most expensive grocery items for families is snacks for the kids.  Whether you pack their lunch, or just want to have something available for them when they get home from school, just calculate the cost per ounce of the small snack packages, and you will never buy them again.  Instead, buy big bags at a warehouse store and repackage into small sandwich bags.  Great snacks such as Chex party mix can be made at home and used during the week, and to save money and have fun, have your kids help you make cookies on the weekends, put them in sandwich bags and they are ready for school lunch boxes.

Let them drink water
Soda and other soft drinks are another big drain on the budget when you have to keep kids satisfied.  This is a difficult battle because of the pressure beverage companies have put on kids to drink certain drinks, but once you can convince that plain old water is the best thing, you will not only save money, but their health and teeth as well.  Go ahead, put it in reused designer water bottles and no one will be any the wiser.

Set up an exchange program
In all likelihood, you know other mothers in the same predicament as you are.  Get together with them and exchange services such as babysitting, trips to sports events, dropping off at birthday parties, and other such services.  Babysitting services are getting expensive, and with today’s price of gas, it makes a lot of sense to rotate game dropoffs and have only one car using up all that gas.  Gives the other moms a little “me” time as well.

Find free entertainment
It is said that if you want your children to turn out well, spend more time with them and less money on them.  Single moms often do not have a choice in the matter, but don’t berate yourself or be ashamed when you seek out inexpensive or even free ways to have fun with your children.  Movies cost a fortune for a whole family to go to nowadays, so find movie presentations at the local library.  Walks on the beach and hikes in the woods are free, and visits to museums, parks and zoos are usually inexpensive, and many have free days or sessions, so save money by investing in your children.
Being a single mother can be very challenging especially when it comes to finances. So if you want to know the most effective tips on how to save, you might want to check out http://www.findermind.com and see how it can truly help you.



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