Being a stay at home mom often means that the day to day running of your home and family welfare is solely on your shoulders, and while there is nothing wrong with that, it can be quite overwhelming, especially when it comes to the finances. Many of us are happy to leave our bills and let them be paid each month without question, while the budgeting for the month ahead with what is left. But there are many ways that the disposable income can be increased and often you are doing these things already during your daily routine. So I thought I would share with you some of the mom life hacks that can help to increase your finances, and some may even be able to earn you something straight away. Interested? Read on to find out more.
Shop in the sales
Shopping in the sales can be something very frugal, but it could also work in your favor for many different things in your life. Allowing you to make those all-important savings. For example, children grow out of clothes at a rapid rate, so why not use the end of season sales to stock up on the next size or for the next season ahead? This way you have saved a fortune and are already organized ahead of time. Sales shopping can be utilized for some of the big ticket items in your home when they need replacing or upgrading. You could even combine this method of shopping with cashback sites to boost your income once more.
We all declutter
Are you a hoarder? Or do you like your home in an orderly and tidy way? Either way, you could earn yourself a hefty amount of money by simply decluttering your home of unwanted items that you no longer have a use for. Children’s clothes that you can’t use as a hand me down could be sold on websites like eBay, while other things like old mobile phones can be recycled for a lovely fee. While tidying, you may as well be putting some of the things you no longer want to good use.
We take care of the general finances
Many of us moms will be keeping a close eye on the finances, that might mean paying off debts each month or ensuring that all the bills are paid. But could you be managing this side of your finances better? In many cases, your financial situation starts with you so it may be worth looking at your credit file and repairing any damage that has been done in the past. Websites like creditrepair. Company can help with that. Furthermore, once you have taken control of your credit history, you can start to better yourself with finances. Consolidating your debts into one monthly sum, or paying off larger amounts that are costing the most. Therefore increasing what you have left to spend each month.
We buy and prepare the groceries
Would you believe that the grocery bill is one of the largest we voluntarily pay out for each month? So why not try and reduce it by making simple changes such as meal planning or changing where you shop. Even building the weekly meal around the reduced items in the store and offers can be a great way to reduce what you spend.
I hope these mom life hacks help you to boost your finances.