Stay-At-Home-Mom Finance Essentials

Being a stay-at-home mom is full on, especially when you’ve got multiple children running around. According to statistics, there are currently more than 23 million stay-at-home moms in the US alone, many of whom had flying jobs in the past who have now given them up to look after their kids.

The problem for stay-at-home moms is that their incomes go down right at the moment they need more money to care for their little ones. As a result, getting to grips with one’s finances is essential, otherwise raising young can be a painful and stressful experience.

Prepare All Meals At Home

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Not only are home-cooked meals better for your kids that eating out, but they’re also a heck of a lot cheaper to prepare, even compared to fast food restaurants. While you might have had to resort to meals cooked out of the home while you were working, as a stay-at-home mom, you’ve got the time you need during the day to prepare food and make recipes from scratch. Even if you’ve got a hectic timetable, you can still prepare meals in advance and put them in Tupperware in the freezer, if necessary.


There’s a perception among moms out there that making food from fresh ingredients is expensive. But as soon as you start perusing the supermarket aisles, you begin to realize that it’s usually only certain items of produce that are costing you a fortune – like bagged salads and fresh berries – not staples like grains and beans. While it’s good to add fresh veg to your dishes, your kids can fill up on grains and beans without any adverse health consequences. If veggies really are too expensive to buy from the store, how about growing them yourself in your own backyard or allotment?

Budget To Stay Solvent

Staying solvent is something that many families are finding difficult right now. According to data from the federal government, more than half of all people are living paycheck to paycheck, meaning that they couldn’t meet unforeseen expenses, even if they wanted to. Worse still, many are in debt, further dragging down their finances.

According to an article on Repair.Credit, one of the best things that moms can do is consolidate their debts into a single monthly payment. This makes budgeting for the future easier and helps to reduce the total amount of interest you’re paying each month. Budgeting over the long-term can help your family stay in the black and avoid having to borrow in the future.

Use Coupons At Every Turn

It is possible to save on the costs of looking after babies and children, but only if you know where to look. With coupons, you can save a fortune on things like nappies, washing detergent and cleaning products. To make the most of coupons, always bulk buy so that you can save yourself money in the future. Also, make sure that you tally up the amount of money you save and spend a portion of it on the things that you really want, like a meal out with your partner or a holiday abroad.

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