Money and the Family
Trouble With Your Finances?
A family comes with a strong obligation and a heavy burden on your finances. You may want to throw your hands up and say I quit but your in it now. Children are easy to cuddle with but it is a little harder to make sure you always have diapers and formula. If your children are older, than you don't have the same burdens of providing diapers, but you do have to think of the clothes they outgrow. There are things you can do to help with these responsibilities. You can cut back on the things that you don't need, like cable perhaps. Here are some tips on how you can save money. Here are a few suggestions.
- For diapers and formula. For any child 4 years of age and younger, consider going to a place that will provide clothes, diapers and formula. these things are free and you can swap clothes if you want to trade good gently used clothing. The Pregnancy Resource Center is a good place to start. Any thrift store for your older children will be great. They offer discounts on gently used clothing.
- Get rid of your cable bill. If it's not bundled with the internet, consider getting rid of cable. There are ways to make an extra buck online. If you have time to search for jobs online there are a few opportunities. Look for my next article, I will write about online employment. Any extra expense should be either cut back or just cancelled.
- Follow basic simple rules for saving money. DO NOT have a credit card. I have not had a credit card as long as I have been alive. I am very glad that I decided to go that route. The fees are way too high to keep your expenses from running away from you. In other words, you will pay way too much in fees with a credit card.
- Cut back on your home utility expenses. This is an area that can usually handle some cutting back. If you are used to having more than maybe it is time to use less. Take shorter showers, turn off the lights when not in the room, etc. There are always ways to cut back without losing too much. Turn off the computers and all of the power strips connected to them when not in use.
You know what your family needs. Make a list to let your loved ones know what you have planned. Their participation is vital to your success. Have fun with it so they can easily get on-board.
Time Is Money
The age old saying is that "time is money". How can we disagree with that? If we all understood the concept of how time and money relates to eachother, we might be a little better off in the long run. If you get paid minimum wage at an hourly rate then we already know how money relates to time at least in one sense. Can we stop the clock? That would be nice, however, it isn't reality. Mom's rarely have time for anything that we see as an extra task, but it's worth it.
In anything you do, make it count and not only in dollars and cents but also in things that add joy to your life. The happier you are, the easier something is to do. Yes, I am making a point that it's nice to do something that you love to do. It doesn't seem like a job. It is more like fun. Then it's easier to go to work in the morning for example.
Start thinking of ways you can save money by trimming off a little time for unnecessary things, like going out to eat or watching an expensive movie. After you pay for all the thrills that go with movie watching, you really feel it in the pocketbook! Take the time for other things that will enhance your lifestyle in more positive ways such as going for a walk to help you stay healthy. This will reward you in due time. Give the gift of giving. Is there someone you know that you could help out by getting rid of your extras? Maybe they might even pay a small amount for something that they feel is worth it.
Frugality is back in style
How does your family save money?
Keep Your Money For Your Family!
So are your finances in order? What does that mean? Well it means that we as consumers had better think again about the economy. Will it get any better? I'm not going to say it will anytime soon. So here we go, we have to tighten the belts around our overindulged waistlines. America needs to get into step with what is going on in the world. We have been blind-sighted by our politicians. They lie to us in hopes that we will not see their agenda. The economy has taken a huge downturn and we have not recovered from it yet. Believe it or not, that is their agenda. To keep Americans along with the rest of the world naive about where we are headed. I will leave that for another discussion. So what can we do?
- Hold on to every asset that you have. If you have anything in the bank use it wisely. I can't give financial advise, however, take advantage of anything that will give you a nice return on your money. Just watch out for the fine writing! Make sure that you know everything that you need to know about when getting into savings bonds, 401K, etc.
- There are many videos about how to live on less. From having a rain barrel to use less water from the city and lowering your bill to growing a garden. Can a garden really lower your grocery bill? If you have safe-to-drink (filtered) rain water to water your garden with then that's a big help. Changing old habits are hard but not impossible. It's all about changing your mindset.
- As far as using a vehicle is concerned, I think you should keep it as long as it is not taking most of your paycheck to drive it. If you have a new vehicle and are not making ends meet with other bills then consider selling the vehicle and buying a used car that will still get you around town and is reliable. It is better not to have car payments. For the closer places such as a mile or two from home then ride a bike. Just make sure it is locked up properly so it doesn't get stolen. Also wear a helmet and know the rules of the road. For myself, I will not ride on the road as long as there are decent sidewalks. In the inner city they make you ride on the road in new bike lanes. I will not ride a bike downtown because it isn't safe and the city needs to make bike riding safer before I do. So check your cities regulations on bike riding and read up on safety before you head out on a bike.
These are just a few things that will save you money. For each and every thing that is taking the money from our pockets, there is a solution. The solution is simple. If you can't afford it, then don't buy it. If it will go out of style in a short time then forget buying it only to let it sit on the shelf. It's all up to you how you spend your money. By cutting back on bills and unnecessary items we can actually save quite a bit over the long term.