When it comes tostay-at-home moms, their days start early, go non-stop and only end when everyone else is in bed. Even if you aren't the primary breadwinner, you play an important role in so many aspects for your family, including your family's finances. This article will provide you with some key tips about stretching your dollar without compromising your quality of life:
1. Keep an eye on your spending. There are two sides to cash flow: income and expenses. Even though you may not be earning any income while you take care of the kids, there are lots of ways you can save on your expenses. Most importantly, find a comfortable and easy way to track your spending, such as using an app, website, QuickBsooks, Excel or one bank account for all expenses. Tracking your spending lets you see where your money is going, so that you can make adjustments as needed. Be a better planner while you're shopping by making a list and sticking to it. Avoid making mini trips here and there in order to cut back on picking up unnecessary items. Cut coupons, look for online specials and read sales flyers. Don't purchase unneeded items just because they're on sale or because you have a coupon. Many stores offer downloadable coupons and saving programs. For extra savings, shop at discount stores for food, clothing and other household goods. Some online retailers offer discounts when you sign up for regular deliveries. Get creative in the kitchen, and eat at home as much as possible. Not only is eating at home less expensive, but it's also healthier. Don't buy too many perishables that you can't eat. Freeze them before they spoil. Consider buying items in bulk and sharing them (and the cost) with friends and family. Tailor your meals around what's in season and on sale. Look for local, free activities. There are numerous activities that are fun to engage the kids in, and the best part is, they won't cost you a dime. Make a playdate with some friends, go to the park or attend story time at your local library. Many museums offer free or discount days. Keep a marker board for your family to list the activities everyone enjoys and the local places you would like to visit. Armed with your list, research online to see if there are any discounts or free dates. Add them to your family calendar so you don't forget. Check out local mom groups in your area, and get to know the other moms where your child
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