About the author â€“ Manilyn Moreno is a frugal writer and caterer. Currently, sheâ€™s writing for a Â catering software company. She contributes articles on being budget savvy in the kitchen. She also writes about her interests that include cooking, baking, yoga, and outdoor activities.
(Please link the phrase â€œcatering software companyâ€ to http://www.bettercater.com/. )
Budgeting Tips for Moms
Mothers do not only take care of their children, ensure the safety of home, prepare decadent meals for the family, or help children with their homework; they also wisely prepare the monthly expenses and make sure that both ends meet no matter what. That is why moms need all the tips on budgeting that they can get to successfully give every need an allotted amount. Here are some tips that moms might find useful.
Know and differentiate the needs and wants of every family member.
Mothers should give more attention to what is needed than what is wanted by the family members. Needs would, of course, cover the food, bills, rent (if applicable), school fees of the kids, and other important matters. New clothing can come later if really needed, and pleasure food can be cut off the list if possible. One way to do this is to review the previous monthâ€™s budget and see what consumed most of it, then, make the necessary adjustments to better fit the budget for the current month.
Take advantage of sale coupons and freebies that commercial establishments offer.
There are also sales going on online, and it would be a wise idea to check on them first before going to local stores to buy your familyâ€™s needs.
Visit thrift stores.
Thrift stores offer a wide variety of good-grade second-hand products at a very affordable price. Some thrift stores will also accept your second-hand items in exchange of store credits for later use of for any other item in store that you need. This way, moms can really save a lot of the family budget and can have extras for some unforeseen occurrences.
Check and compare the prices of different brands.
Indeed, deciding which is best for your familyâ€™s needs and considering the products that do not ruin your monthly budget can also help you maintain a good budget flow. Checking competitorâ€™s price markdown weekly can help you plan ahead what brand to buy during your shopping. When shopping, do not immediately buy the known brands as they tend to be more expensive than other brands when, essentially, they are just the same products with a different name label.
Invest in reusable products.
Despite being convenient and seemingly cheap, disposable products will actually cost you a lot in the long run. Why buy disposable sandwich bags when you can use lunchboxes for those? Imagine this, letâ€™s say that you use a set of five-dollar disposable sandwich bags in a month, in one year, you will have spent sixty dollars, whereas, if you buy a twenty-dollar (for example) lunch box, you can use it again and again. You have actually savedÂ a lot of money from rebuying things that youâ€™ll just throw away.
Plan meals ahead of time.
Planning meals ahead of time is also another way to save money for the entire family. Try to plan the meal of the family for the entire week and buy the ingredients at once. Why buy fast food products when you can cook at home? It may sound very tasky, but it can help your budget, let alone help your familyâ€™s health.
Plan smart for family entertainment.
You can purchase used toys for your kids, have entertainment at home rather than going to the theatre, Â plan family activities than can be done within your residenceâ€™s premises than go on a trip during holidays. You can find a lot of home entertainment activities online to help you pull this off together.